Housing in Homer, AK
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$403,080
Homer vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Homer is highlighted.
Median Home Value
81st%ilemost expensive$363,700show rank
Median Rent
72nd%ilemost expensive rent$1,230show rank
Rent Burden
60th%ilehighest rent burden20.0%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$363,700
Median Rent
$1,230
Total Housing Units
2,984
Vacancy Rate
19.8%
Owner Occupied
68.5%
Renter Occupied
31.6%
Median Property Tax
$2,755
per year
Monthly Cost (w/ Mortgage)
$1,379
Housing Types
Single Family71.9%
Multi-Family24.9%
Mobile Home3.2%
The median home value in Homer, AK is $363,700. According to Zillow, the home value index for Homer is $403,080. The median rent is $1,230 per month (Census ACS). About 68.5% of housing units are owner-occupied. The median year homes were built is 1990. There are 2,984 total housing units.