Houses For Sale in Homer, MI

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Sold By Stevo
Homer, MI 49245
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Homer is currenty a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics
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Total Population
1799
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Population Density
1,289
/sq mi.
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Median YEARLY income
$23,342
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MEDIAN AGE
35
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COLLEGE EDUCATED
19%
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Owner/renter divide
67% / 33%
Listing Stats
Average List Price
-49.0%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 50,000 50,000 100,000 100,000 150,000 150,000 200,000 200,000 250,000 250,000 300,000 300,000
Number of New Homes on Market
+1200.0%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 5 5 10 10 15 15 20 20 25 25 30 30 35 35
Average Sale Price
+12.6%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 20,000 20,000 40,000 40,000 60,000 60,000 80,000 80,000 100,000 100,000 120,000 120,000 140,000 140,000 160,000 160,000
Number of Sold Homes
+33.3%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 5 5 10 10 15 15 20 20 25 25 30 30
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0.0 0.0 0.5 0.5 1.0 1.0 1.5 1.5 2.0 2.0
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