Homer Housing Information - Census

IndexHomerMichiganNational
Median home price$71,300$120,200$175,700
Median rent asked$460$780$920
Avg. people per household2.72.52.6
Owner occupied households63.9%71.5%64.4%
Renter occupied households36.1%28.5%35.6%

Homer Housing Information - Zillow

IndexHomerMichiganNational
Zillow home value index$90,000$132,300$196,500
Year over year appreciation rate12.64%7.91%6.79%
5 year average appreciation rate6.66%8.20%5.28%
10 year average appreciation rate-0.44%-0.30%0.01%

Did you know?

  • The median home price in Homer is 59% lower than the national average.
  • The median rent asked in Homer is 50% lower than the national average.
  • The average number of people per household in Homer is 4% higher than the national average.
  • The number of owner occupied households in Homer is 1% lower than the national average.
  • The number of renter occupied households in Homer is 1% higher than the national average.

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Compare Homer, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Burlington, MI273$54,30069%
Albion, MI8,416$60,10066%
Tekonsha, MI672$63,50064%
North Adams, MI634$68,60061%
Quincy, MI1,650$74,30058%
Homer, MI1,793$71,30059%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Moweaqua, IL1,793$84,40052%
Shelby, MI1,793$89,80049%
Capron, IL1,793$124,00029%
Glade Spring, VA1,792$95,20046%
Fisher, IL1,792$134,20024%
Homer, MI1,793$71,30059%
Source: The Homer, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.