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Sarah Mitchell

CNESRESABR

Compass Real Estate · Homer, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Homer, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Homer, MI Housing Market & Real Estate

Seller's market+44.6% YoY

Housing market overview · Updated monthly ·

$180,000median sale price

How is the Homer, MI housing market right now?

The median home sale price in Homer, MI is $180,000, up 44.6% year-over-year. Homes sell in an average of 31 days with 6 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Homer a buyer's or seller's market?

Seller's market3.0 months of supply31 avg. days on market

Homer, MI is currently a seller's market, based on 3.0 months of supply and homes selling in about 31 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

31

Average pace

Active listings

6

3.0 months supply

Sale-to-list

100.0%

Above asking

What does the Homer housing market data show?

Current housing market statistics for Homer, MI
MetricValue
Median sale price$180,000
Median list price$225,000
Year-over-year price change+44.6%
Average days on market31 days
Active inventory6 listings
Months of supply3.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$183/sq ft
Homes sold (latest month)2
New listings (latest month)3
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Homer by property type?

How the Homer, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Homer, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$180,000$183/sq ft231 days

Source: Redfin · Updated monthly

The Homer housing market is currently classified as a seller's market with a median sale price of $180,000. Prices have risen 44.6% compared to last year, with homes spending an average of 31 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.

Homes for sale in Homer

There are currently 6 homes listed for sale in Homer, Michigan. The median listing price is $225K.

Active listings

6

Homes on market

Median list price

$225K

Avg. days on market

31

Days until sale

New this week

3

Newly listed

Sale-to-list:100.0%

Who lives in Homer?

Population

1,584

Median income

$49,271/yr

Median age

30 years

Owner-occupied

63.7%

College grads

10.7%

Avg commute

25.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Homer?

Zillow home value

$191,406

Price-to-income

3.9x

Source: Zillow Research

What is it like to live in Homer?

Homer is a community of approximately 2K residents with a median age of 30 years.The median household income is $49,271, which represents a working-class community with solid middle-income opportunities. 10.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 63.7%, showing a blend of owner and renter-occupied properties. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Homer offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Homer?

3 schools tracked · 889 students

The largest public schools serving Homer, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Lillian Fletcher Elem School

Grades K-4 · 329 students

Public

Homer Community High School

Grades 9-12 · 296 students

Public

Homer Middle School

Grades 5-8 · 264 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Homer, MI?

Want a head-to-head view? Compare Homer side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Homer?

The median home sale price in Homer is $180,000, up 44.6% from last year.

How long do homes stay on market in Homer?

Homes typically spend 31 days on market before going under contract.

What is the median income in Homer?

The median household income is $49,271 per year.

Is Homer a buyer's or seller's market?

With 3.0 months of supply, Homer is currently a seller's market.

What is the Zillow home value estimate for Homer?

The Zillow Home Value Index (ZHVI) for Homer is $191,406, representing the typical home value in the area.

How much does a single-family home cost in Homer?

The median single-family home price in Homer, MI is $180,000 (about $183 per square foot).

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