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Foreclosure Homes in Homer, MI 49245

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Homer, MI Foreclosures

How much do homes sell for in Homer, MI?
The average home price is currently $200,648.
In Homer, MI, how many homes are available?
There are currently 15 active home listings available in Homer.
What’s the average rental cost in Homer, MI?
The average rental price in Homer is $1,083.
What is the most expensive home in Homer?
The most expensive home sold in Homer had a price of $1,595,974.
What is currently the cheapest priced home in Homer, MI?
The cheapest home for sale in Homer is priced at $12,829.

Living in Homer, MI

Homer, a quaint village in Calhoun County, Michigan, boasts a strong sense of community with both history and charm. This area is known for its beautiful parks and vibrant downtown filled with local shops and eateries. Residents enjoy a peaceful lifestyle while still being close to larger cities for additional amenities and employment opportunities.

Current Market Conditions in Homer, MI

Currently, the real estate market in Homer is experiencing a moderate increase in demand as families look to settle in this peaceful community. Home prices have steadily risen over the past few months, reflecting an interest in the area’s charm and quality of life. While the market remains competitive, there are still opportunities for buyers to find homes that suit their needs.

Homer's appeal has attracted newcomers to the village, with many seeking the serene environment and supportive community. As a result, we are seeing new construction and renovations in existing homes, indicating a healthy development outlook for the area.

Home Value Estimator For Homer, MI

There are currently 1,311 real estate properties in Homer, MI, with a median automated valuation model (AVM) price of $176,497.00. 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, MI, 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, MI, is $200,648.00, with the most expensive house in Homer, MI, topping out at $1,595,974.00 and the cheapest home in Homer, MI, clocking in at $12,829.00. In other words, there’s something for every potential homebuyer or savvy investor in Homer, MI!

Rent Prices In Homer, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Homer, MI, is on a rollercoaster ride. The average rent price in Homer, MI, is $1,083.00. Indeed, when looking to rent in Homer, MI, you can expect to pay as little as $520.00 or as much as $1,740.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Homer, MI -- 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, MI 49245 Foreclosures


Market Trend for Homer, MI

Total Listings Available: 15

Market Values:

Home Prices from $12,829 to $1,595,974

Average Sales Price: $200,648

Rental Values:

Rental from $520 to $1,740

Average Rent Value: $1,083 / month

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