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Preforeclosure 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 $463,871.
In Homer, AK, how many homes are available?
There are currently 6 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 $6,134,618.
What is currently the cheapest priced home in Homer, AK?
The cheapest home for sale in Homer is priced at $15,034.

Living in Homer, AK

Homer, AK is a picturesque coastal town known for its vibrant arts community and outdoor adventures. Featuring stunning views of mountains and Kachemak Bay, it offers residents a mix of recreation, community spirit, and local culture. Explore fresh seafood markets, art galleries, and beautiful parks in this charming destination.

Current Market Conditions in Homer, AK

The real estate market in Homer has shown resilience, with steady demand for vacation homes and permanent residences. Despite fluctuations in pricing, properties near the waterfront remain highly sought after. Sellers are encouraged to act promptly, as listings can move quickly, particularly during the summer months when tourism peaks.

In recent months, there has been an increase in the number of new constructions, as developers take advantage of the area's growing popularity. A focus on sustainable living and eco-friendly designs is becoming a trend among new builds, attracting buyers who prioritize environmental impact.

Home Value Estimator For Homer, AK

There are currently 5,262 real estate properties in Homer, AK, with a median automated valuation model (AVM) price of $424,157.00. 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 $463,871.00, with the most expensive house in Homer, AK, topping out at $6,134,618.00 and the cheapest home in Homer, AK, clocking in at $15,034.00. 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 Preforeclosure Homes


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