
Affordable
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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 $425,530, higher than the Ohio average of $236,816.
The average cost of rent is $1,036/mo in Homer, primarily driven by the current value of real estate in the Homer area. In Homer, 3.86% of households rent, and 29.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Homer is $11,187 per month. Households that rent pay about 9.26% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Alexandria, OH: equally priced homes
- Granville, OH: higher priced homes
- High Water, OH: less expensive homes
- Concord, OH: equally priced homes
- Johnstown, OH: less expensive homes
- Vanatta, OH: less expensive homes
- Newark, OH: less expensive homes
- Jersey, OH: equally priced homes
- Croton, OH: equally priced homes
- Claylick, OH: less expensive homes
Cities with Similar Populations
- Granville, TN: less expensive homes
- Tabiona, UT: less expensive homes
- Sutherland, UT: less expensive homes
- Summit, SD: less expensive homes
- Summerfield, MO: less expensive homes
- Summer City, TN: less expensive homes
- Sugar Valley, WV: less expensive homes
- Stoutsville, MO: less expensive homes
- Stillwater, OH: less expensive homes
- Table Rock, NE: less expensive homes
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