Housing in Homer, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$100,000

Median List Price

$111,450

Price Per Sq Ft

$58

Days on Market

57

Active Inventory

3

Months of Supply

3.0

Seller's market

Zillow Home Value

$175,804

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 48.5%List Price 51.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

83.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

2

Pending Sales

2

Homes Sold 50.0%New Listings 0.0%Pending 100.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$58

Median List $/SF

$106

Sale $/SF 50.4%List $/SF 27.4%Mar 24Jan 26

Homer vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Homer is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$125,700

Median Rent

$956

Total Housing Units

524

Vacancy Rate

8.0%

Owner Occupied

78.4%

Renter Occupied

21.6%

Median Property Tax

$2,270

per year

Monthly Cost (w/ Mortgage)

$1,013

Housing Types

Single Family
84.5%
Multi-Family
11.1%
Mobile Home
4.4%

The current median sale price in Homer, IL is $100,000 according to Redfin data. Homes spend a median of 57 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $58. The median rent is $956 per month (Census ACS). About 78.4% of housing units are owner-occupied. The median year homes were built is 1938. There are 524 total housing units.