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Foreclosure Homes in Homer, AK

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Homer, AK Foreclosures

How much do homes sell for in Homer, AK?
The average home price is currently $458,106.
In Homer, AK, how many homes are available?
There are currently 9 active home listings available in Homer.
What’s the average rental cost in Homer, AK?
The average rental price in Homer is $1,701.
What is the most expensive home in Homer?
The most expensive home sold in Homer had a price of $6,617,600.
What is currently the cheapest priced home in Homer, AK?
The cheapest home for sale in Homer is priced at $16,099.

Living in Homer, AK

Homer, Alaska is a charming coastal town known for its picturesque scenery, artistic community, and outdoor recreation opportunities. Nestled on the Kachemak Bay, it features a blend of natural beauty and small-town charm, making it an ideal location for nature lovers and artists alike. With a variety of amenities and a strong sense of community, Homer offers a truly unique lifestyle.

Current Market Conditions in Homer, AK

The real estate market in Homer has seen a mix of trends recently, with an increasing demand for waterfront properties and homes with unique architectural features. The average home price has remained stable, but the availability of listings has decreased, driving competition and interest. Many buyers are attracted to the area for its lifestyle and beauty, and this has contributed to a steady appreciation in property values.

Investors are also taking notice of Homer as a potentially lucrative market due to its tourism appeal and outdoor recreational offerings. The rental market, both long-term and short-term, has seen a rise in interest, making Homer an attractive option for real estate investment.

Home Value Estimator For Homer, AK

There are currently 5,211 real estate properties in Homer, AK, with a median automated valuation model (AVM) price of $419,097.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Homer, AK, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Homer, AK, is $458,106.00, with the most expensive house in Homer, AK, topping out at $6,617,600.00 and the cheapest home in Homer, AK, clocking in at $16,099.00. In other words, there’s something for every potential homebuyer or savvy investor in Homer, AK!

Rent Prices In Homer, AK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Homer, AK, is on a rollercoaster ride. The average rent price in Homer, AK, is $1,701.00. Indeed, when looking to rent in Homer, AK, you can expect to pay as little as $710.00 or as much as $3,660.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Homer, AK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Homer, AK Foreclosures


Market Trend for Homer, AK

Total Listings Available: 9

Market Values:

Home Prices from $16,099 to $6,617,600

Average Sales Price: $458,106

Rental Values:

Rental from $710 to $3,660

Average Rent Value: $1,701 / month

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