Zip 99603 (Homer, AK) Housing

Housing in 99603 Homer, AK is quite expensive compared to the median value of the US. The median value of housing in 99603 Homer, AK is $353,500 while the US median value is $338,100. Furthermore, house appreciation over the past year has been 8.27% for the US and 11.27% for 99603 Homer, AK suggesting a strong market for home buyers and sellers in this area. Thus it appears that housing in 99603 Homer, AK is more valuable than the national average and growing at a faster rate than other parts of the country.

The median home cost in Homer (zip 99603) is $353,500. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Homer (zip 99603) is up 14.0%.

Average Age of Homes

- The median age of Homer (zip 99603) real estate is 28 years old

The Rental Market in Homer (zip 99603)

- Renters make up 20.5% of the Homer (zip 99603) population
- 1.8% of houses and apartments in Homer (zip 99603), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Homer, Alaska	United States
	6,125.0	139,647,020.0
	32	42
	$353,500	$338,100
	14.0%	16.6%
	40.1%	57.0%
	60.6%	101.1%
	$7.88	$10.98
	$2,344	$2,690
	53.0%	57.4%
	29.0%	11.2%
	17.9%	31.4%
Vacant Housing
	1.8%	1.9%
	0.5%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	16.7%	3.6%
	8.9%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.4%	2.4%
	2.2%	2.8%
	1.3%	3.9%
	0.7%	4.5%
	6.1%	11.3%
	10.0%	13.0%
	28.1%	20.1%
	26.3%	13.6%
	11.2%	8.3%
	8.6%	9.7%
	2.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	21.3%	13.6%
	21.3%	13.6%
	18.4%	13.6%
	25.9%	13.2%
	17.3%	14.8%
	18.4%	13.6%
	3.3%	10.0%
	0.7%	4.7%
	0.6%	12.2%

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