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 $161,785, higher than the Oklahoma average of $161,319.
The average cost of rent is $874/mo in Homer, primarily driven by the current value of real estate in the Homer area. While nearly 37.74% of residents own their homes outright in Homer, 22.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homer is $5,328 per month. Households that rent pay about 16.40% of their income on rent here. Homer's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Ahloso, OK: equally priced homes
- Ada, OK: less expensive homes
- Happyland, OK: equally priced homes
- Oakman, OK: less expensive homes
- Hird, OK: less expensive homes
- Union Valley, OK: equally priced homes
- Byng, OK: less expensive homes
- Steedman, OK: less expensive homes
- Pickett, OK: equally priced homes
- Lawrence, OK: less expensive homes
Cities with Similar Populations
- Wallaceton, KY: equally priced homes
- Ellisforde, WA: higher priced homes
- Ellisville, WA: higher priced homes
- Elrod, AL: equally priced homes
- Emma, GA: higher priced homes
- Enoch, TX: less expensive homes
- Waterproof, LA: less expensive homes
- Warnock, KY: less expensive homes
- Wapato, OR: higher priced homes
- Ellenburg Center, NY: less expensive homes
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