Housing in Homer, PA is quite valuable. The median value for a house in Homer is $226,800, which is significantly lower than the US median of $338,100. However, the appreciation rate of houses in Homer over the past year has been higher than the US average at 10.35%, compared to 8.27%. This suggests that housing in Homer is becoming more valuable and desirable over time.
The median home cost in Homer is $226,800. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Homer is up 14.3%.
Average Age of Homes
- The median age of Homer real estate is 25 years old
The Rental Market in Homer
- Renters make up 2.8% 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.