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Homer Home Values and Market Report

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Report prepared by Foundryrep.com Foundry Real Estate Partners, Inc

Market at a glance

Over the last 12 months, homes sold for 96.8% 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 · $240K Sold · $238K
$440K$340K$240K$140K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 8 sales in Sep. Last month: 3.

Where the market stands

All homes in this report, by status.

56homes
Active17 · 30%
Under contract5 · 9%
Sold (12 mo)34 · 61%

Buyer's or seller's market?

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

3.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$236K
Under contract$302K
Sold$215K

Average days on market

Active123 days
Under contract61 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 17
Average list price $236,435
Avg. days on market 123 days
Avg. price per ft² $130 Based on 11 of 17 homes
Avg. living area 2,137 ft² Based on 11 of 17 homes
Avg. beds / baths 3.9 / 2.5

Price vs. living area

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

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

$900K$600K$300K$0

Price vs. living area: 11 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.

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

Highest price per ft²

Top 7 homes in this status.

26865 Q Drive S$199
25731 S Dr S$198
3963 22 Mile Road$182
203 E Main Street$140
27445 H Drive S$137
29359 N Drive S$125
201 E Main Street$121

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
310 S Burgess StreetHomer, MI 49245 421,560$124,900$8059 days
201 E Main StreetHomer, MI 49245 442,469$299,900$12121 days
201 E Main StreetHomer, MI 49245 ———$299,900—21 days
203 E Main StreetHomer, MI 49245 ———$314,500—21 days
203 E Main StreetHomer, MI 49245 442,240$314,500$14021 days
122 E Main StreetHomer, MI 49245 —1—$95,000—23 days
229 W Hamilton StreetHomer, MI 49245 742,528$149,900$5927 days
114 W Leigh StreetHomer, MI 49245 421,824$209,500$11438 days
310 S Burgess StreetHomer, MI 49245 421,560$124,900$8059 days
29359 N Drive SHomer, MI 49245 332,549$320,000$12565 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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