Market report, updated

Homer Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 96.9% of list price in 43 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $260K Sold · $250K
$410K$320K$230K$140K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 9 sales in Sep. Last month: 9.

Where the market stands

All homes in this report, by status.

56homes
Active13 · 23%
Under contract6 · 11%
Sold (12 mo)37 · 66%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$294K
Under contract$202K
Sold$226K

Average days on market

Active134 days
Under contract62 days
Sold43 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 13
Average list price $294,007
Avg. days on market 134 days
Avg. price per ft² $146 Based on 9 of 13 homes
Avg. living area 1,998 ft² Based on 9 of 13 homes
Avg. beds / baths 3.4 / 2.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

4 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 9 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

409 Grandview Avenue$208
26865 Q Drive S$199
25731 S Dr S$198
3963 22 Mile Road$182
2374 20 Mile Road$131
29359 N Drive S$129
114 W Leigh Street$114

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
29650 D Drive SAlbion, MI 49224 ———$825,000—36 days
25731 S Dr SHomer, MI 49245 423,449$685,000$19853 days
409 Grandview AvenueHomer, MI 49245 342,876$599,000$20899 days
29359 N Drive SHomer, MI 49245 332,549$330,000$12938 days
3963 22 Mile RoadHomer, MI 49245 321,620$295,000$18288 days
26865 Q Drive SHomer, MI 49245 311,252$249,900$199108 days
114 W Leigh StreetHomer, MI 49245 421,824$209,500$11411 days
2374 20 Mile RoadTekonsha, MI 49092 321,296$170,000$1310 days
6055 N M 99 NHomer, MI 49245 —4—$169,000—895 days
310 S Burgess StreetHomer, MI 49245 421,560$124,900$8032 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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