Homer Housing Market Report March 2025Kenai Peninsula County, Alaska

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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.
$498,500$227/SqFt
+$18,500
+3.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Homer has increased by 3.9% since last year.

Summary: The median home list price in Homer was $498,500 in March 2025, up 3.9% from the previous year, and the median price per square foot was $227.

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
Kachemak
+13.9%
Kenai-Cook Inlet
+6.1%
Homer
+3.9%

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.
BedsMar 2024Mar 2025Change YoY
1$237.7K$225K
-5.4%
2$410K$410K
0.0%
3$495K$449K
-9.3%
4$597.5K$599K
0.3%
5$799K$829K
+3.8%

Summary: Homer housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.4%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -9.3%. The home price for 4 bedroom homes increased by 0.3%. The home price for 5 bedroom homes increased by +3.8%.

How does Homer, AK compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Homer, AK

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
92Last MonthMar 2025
762 months agoFeb 2025
+21.1 %
Change MoMFeb – Mar

Summary: The Homer real estate market had 92 homes for sale in Mar 2025, a 21.1 % increase compared to Feb 2025.

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.
BedsFeb 2025Mar 2025Change MoM
145
+25.0%
21314
+7.7%
32430
+25.0%
41720
+17.6%
51823
+27.8%

Summary: Homer housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +7.7%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +17.6%. The inventory for 5 bedroom homes increased by +27.8%.

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 Days3 Homes

30 – 90 Days1 Home

Over 90 Days8 Homes

Insight

Most homes in Homer are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 12 homes were sold in Homer; 25% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 67% 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
168 DaysThis YearMar 2025
180 Days1 year agoMar 2024
-6.7 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Homer had an average listing age of 168 days in Mar 2025, down by 6.7% 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 04/01/2023 - 04/01/2025

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: 4/3/2025, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.