Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Homer area can be challenging. Home prices in Homer are now at a median cost of $79,482, lower than the Louisiana average of $194,522.
The average cost of rent is $668/mo in Homer, primarily driven by the current value of real estate in the Homer area. While nearly 72.81% of residents own their homes outright in Homer, 37.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homer is $2,361 per month. Households that rent pay about 28.27% of their income on rent here. Homer's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Arizona, LA: higher priced homes
- Ruple, LA: less expensive homes
- Athens, LA: higher priced homes
- Oaks, LA: less expensive homes
- Aycock, LA: equally priced homes
- Marsalis, LA: equally priced homes
- Lisbon, LA: less expensive homes
- Old Athens, LA: higher priced homes
- Sugarcreek, LA: equally priced homes
- Sharon, LA: less expensive homes
Cities with Similar Populations
- Avondale, LA: higher priced homes
- Branchville, NJ: higher priced homes
- Buckner, MO: higher priced homes
- Catawissa, PA: higher priced homes
- Adamstown, MD: higher priced homes
- Copperopolis, CA: higher priced homes
- Seven Springs, NC: equally priced homes
- Johnston, SC: higher priced homes
- Karnes City, TX: higher priced homes
- Lucama, NC: higher priced homes
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