Housing in Homer, NE is a great investment. The median value of a house in Homer is $163,100, which is significantly lower than the US median of $338,100. Additionally, Homer experienced an impressive one year house appreciation of 9.63%, which is higher than the US average rate of 8.27%. Investing in housing in Homer could be a great option for potential buyers looking to purchase a home at an affordable price and with good potential return on investment.
The median home cost in Homer is $163,100. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Homer is up 16.0%.
Average Age of Homes
- The median age of Homer real estate is 50 years old
The Rental Market in Homer
- Renters make up 19.6% 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.