Home prices
The median home value in Homer is $282,400. Compared to nearby areas it is roughly $36,040 (14%) higher.It is approximately $64,900 (29%) higher compared to the country as a whole, and it is approximately $53,300 (23%) higher in comparison to the city of Kenai.
Rents
Homer's median rent is $1,020 per month. It is approximately $53 (5%) higher in comparison to nearby areas.It is roughly $42 (3%) lower compared to the US as a whole, and it is roughly $70 (7%) higher in comparison to the city of Kenai.
Nearby places
Diamond Ridge
Diamond Ridge is Homer's neighbor to the north. The housing prices there are similar. The median home in Diamond Ridge costs $291,800, which works out to $9,400 (3%) higher than Homer. The rent there is a bit more expensive. The median rent in Diamond Ridge is $1,174 per month, which works out to $154 (13%) higher than Homer.
Kachemak
Kachemak is Homer's neighbor to the east. Housing prices there are somewhat more expensive. The value of the median home in Kachemak is $298,400, which is $16,000 (5%) higher than Homer. Rent there is somewhat more expensive. The median rent in Kachemak is $1,317 per month, which is $297 (22%) higher than Homer.
Anchor Point
Anchor Point is about 7 miles northwest of Homer. The real estate prices there are significantly less expensive. The median home value in Anchor Point is $189,000, which comes out to $93,400 (49%) lower than Homer. The rent there is somewhat less expensive. In Anchor Point the median rent is $930 per month, which is $90 (9%) lower than Homer.
Nikolaevsk
Nikolaevsk is approximately 8 miles north from Homer. Housing prices there are a lot less expensive. The median home cost in Nikolaevsk is $153,100, which works out to $129,300 (84%) lower than Homer. Its rents are a lot less expensive. The median rent in Nikolaevsk is $525 per month, which is $495 (94%) lower than Homer.
Fritz Creek
Fritz Creek is roughly 8 miles northeast from Homer. The real estate prices there are a bit more expensive. The cost of the median home in Fritz Creek is $299,500, which is $17,100 (5%) higher than Homer. Its rents are a little less expensive. The median rent in Fritz Creek is $891 a month, which comes out to $129 (14%) lower than Homer.
