Housing in Homer, MI

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

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$160,000

Median List Price

N/A

Price Per Sq Ft

$115

Days on Market

28

Active Inventory

3

Months of Supply

1.0

Seller's market

Zillow Home Value

$181,240

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 3.0%List Price 2.2%Mar 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Sale-to-List Ratio

100.3%

Seller's market

Sold Above Asking
33.3%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

3

Homes Sold 200.0%New Listings 200.0%Pending 200.0%Mar 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$115

Sale $/SF 33.1%List $/SF 12.8%Mar 24Oct 25

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

$119,600

Median Rent

$734

Total Housing Units

699

Vacancy Rate

16.7%

Owner Occupied

63.8%

Renter Occupied

36.3%

Median Property Tax

$1,447

per year

Monthly Cost (w/ Mortgage)

$834

Housing Types

Single Family
56.6%
Multi-Family
23.5%
Mobile Home
19.9%

The current median sale price in Homer, MI is $160,000 according to Redfin data. Homes spend a median of 28 days on the market. 33.3% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $115. The median rent is $734 per month (Census ACS). About 63.8% of housing units are owner-occupied. The median year homes were built is 1958. There are 699 total housing units.