Homer, IL Home Values & Market Trends
Real estate market trends reflect that there have been 38 transactions over the past year in Homer. The median value for residential home transactions that occurred over the previous year is $137,110. The number of current listings in Homer is 2, and the percentage of properties for sale in the city is 2.00%. Homer, IL currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 2 properties for sale.
Homer, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61849 | $ 237,336 $ 120/sqft |
Housing Market Summary for Homer, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $214.9K | $158.7K | -26.15% |
| Median Sold Price | $153.4K | $158.7K | 3.50% |
| Homes For Sale | 2 | 2 | - |
| Homes Sold | 18 | 23 | 27.78% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Homer, IL
Browse Homes in Homer, IL
Homer home values range from $17,000 to $631,110. The median estimated value of a home in Homer is $137,110. The median list price of a home is 272,200, and the total count of properties in the city is 730.
- Pre-ForeclosurePre-foreclosure homes account for 0.14% of all residential properties in Homer, IL with 61849 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Homer, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $87,509 in 61849 to the lowest home value of $87,509 in 61849.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Homer, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Homer, IL. There is 1 zips within Homer, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61849 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Homer, IL. Auction homes and other auction properties account for 0.14% of all properties in Homer, IL. There is 1 zips within Homer, IL; of that zips, the median estimated home value for homes going to auction ranges from $172,040 in 61849 to the lowest value of $172,040 in 61849.
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