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 $137,964, lower than the Nebraska average of $188,542.
The average cost of rent is $784/mo in Homer, primarily driven by the current value of real estate in the Homer area. While nearly 57.17% of residents own their homes outright in Homer, 25.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homer is $6,387 per month. Households that rent pay about 12.28% of their income on rent here. Homer's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Hubbard, NE: higher priced homes
- Winnebago, NE: less expensive homes
- Dakota City, NE: equally priced homes
- Sergeant Bluff, IA: higher priced homes
- Salix, IA: higher priced homes
- Jackson, NE: higher priced homes
- South Sioux City, NE: less expensive homes
- Owego, IA: higher priced homes
- Walthill, NE: less expensive homes
- Emerson, NE: equally priced homes
Cities with Similar Populations
- Five Forks, VA: higher priced homes
- Honeyville, FL: higher priced homes
- Highmore, SD: less expensive homes
- Hanover, KS: less expensive homes
- Grethel, KY: less expensive homes
- Grand Junction, IA: less expensive homes
- Garrison, IA: higher priced homes
- Gans, OK: less expensive homes
- Gainesville, NY: less expensive homes
- Fortuna, MO: equally priced homes
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