$375,000
18.94 Acres
Land
#1022858, A.J. Purcell, Listing Office: Keller Williams Greater Athens
Is Homer, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Homer was a Neutral Market.
Key Takeaway
Homer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Homer, GA
How much do homes in Homer, GA cost?
Median Sold Price
$385,685
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,785(+8.7%)
Key Takeaway
Homes in Homer have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Homer was $385,685 in November 2024, up 8.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60.5K | $190K | +214.0% |
| 2 Bedrooms | $320K | $305K | -4.7% |
| 3 Bedrooms | $353.9K | $323.5K | -8.6% |
| 4 Bedrooms | $347.9K | $407.5K | +17.1% |
| 5+ Bedrooms | $486.7K | $400.5K | -17.7% |
Summary: Homer housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 214%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes decreased by 17.7%.
Housing Supply in Homer, GA
How many homes are available in Homer, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 38 | 0.0% |
Summary: The Homer real estate market had 38 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Homer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Homer, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Homer in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Homer, GA
How long does it take to sell a home in Homer, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 68 Days | +110.6% |
Summary: Homes in Homer had an average of 68 days on market in Nov 2024, up by 110.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Homer are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Homer; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.