Housing in 49245 Homer, MI is affordable compared to the US house median value, with a median value of $148,000. This value has appreciated over the past year by 9.09%, higher than the national 1 year appreciation rate of 8.27%. With such a positive housing market trend, there are many attractive opportunities for prospective homebuyers in this area.
The median home cost in Homer (zip 49245) is $148,000. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Homer (zip 49245) is up 16.2%.
Average Age of Homes
- The median age of Homer (zip 49245) real estate is 52 years old
The Rental Market in Homer (zip 49245)
- Renters make up 24.2% of the Homer (zip 49245) population
- 1.6% of houses and apartments in Homer (zip 49245), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.