Homer Housing Market Report January 2025Kenai Peninsula County, Alaska

hero building illustration for mobile

Housing Prices in Homer, AK

How much do homes in Homer, AK cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$498,000$212/SqFt
+$18,000
+3.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Homer has increased by 3.8% since last year.

Summary: The median home list price in Homer was $498,000 in January 2025, up 3.8% from the previous year, and the median price per square foot was $212.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Kenai-Cook Inlet
+7.9%
Homer
+3.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$250K$250K
0.0%
2$399K$437K
+9.5%
3$495K$449K
-9.3%
4$597K$620K
+3.9%
5$745K$765K
+2.7%

Summary: Homer housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.5%. The home price for 3 bedroom homes decreased by -9.3%. The home price for 4 bedroom homes increased by +3.9%. The home price for 5 bedroom homes increased by +2.7%.

Housing supply in Homer, AK

How many homes are available in Homer, AK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
68Last MonthJan 2025
772 months agoDec 2024
-11.7 %
Change MoMDec – Jan

Summary: The Homer real estate market had 68 homes for sale in Jan 2025, a 11.7 % decrease compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
154
-20.0%
2109
-10.0%
33023
-23.3%
41415
+7.1%
51817
-5.6%

Summary: Homer housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -20.0%. The inventory for 2 bedroom homes decreased by -10.0%. The inventory for 3 bedroom homes decreased by -23.3%. The inventory for 4 bedroom homes increased by +7.1%. The inventory for 5 bedroom homes decreased by -5.6%.

Days on Market for Homer, AK

How long does it take to sell a home in Homer, AK?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Homer has remained consistent over time.

Summary: During January 2025, 4 homes were sold in Homer; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
210 DaysThis YearJan 2025
184 Days1 year agoJan 2024
+14.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Homer had an average listing age of 210 days in Jan 2025, up by 14.0% compared to the previous year.

Newest Listings in Homer, AK

What homes are available in Homer, AK?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Alaska MLS, for the period 02/01/2023 - 02/01/2025

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.

All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.