The housing market in Homer, NY is thriving due to the recent appreciation of 11.39%, which is three percentage points higher than the US average. The median value of a home in Homer is $198,200, significantly lower than the US median value of $338,100. This offers an attractive opportunity for those looking to purchase a reasonably priced property in a location that has seen significant growth in recent years.
The median home cost in Homer is $198,200. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Homer is up 12.9%.
Average Age of Homes
- The median age of Homer real estate is 78 years old
The Rental Market in Homer
- Renters make up 24.8% of the Homer population
- 0.0% of houses and apartments in Homer, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.