Market report, updated

Market Report

Search in the city of Homer

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Report prepared by joesellsmichigan.com ACE Real Estate Services

Market at a glance

Over the last 6 months, homes sold for 97.0% of list price in 36 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $240K Sold · $238K
$440K$340K$240K$140K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 8 sales in Sep. Last month: 3.

Where the market stands

All homes in this report, by status.

47homes
Active15 · 32%
Under contract7 · 15%
Sold (6 mo)25 · 53%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$235K
Under contract$286K
Sold$202K

Average days on market

Active138 days
Under contract60 days
Sold36 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 15
Average list price $235,300
Avg. days on market 138 days
Avg. price per ft² $137 Based on 9 of 15 homes
Avg. living area 2,058 ft² Based on 9 of 15 homes
Avg. beds / baths 3.7 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

6 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 9 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

6 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

26865 Q Drive S$199
25731 S Dr S$198
3963 22 Mile Road$182
203 E Main Street$140
29359 N Drive S$125
201 E Main Street$121
114 W Leigh Street$114

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
310 S Burgess StreetHomer, MI 49245 421,560$124,900$8064 days
201 E Main StreetHomer, MI 49245 442,469$299,900$12126 days
201 E Main StreetHomer, MI 49245 ———$299,900—26 days
203 E Main StreetHomer, MI 49245 ———$314,500—26 days
203 E Main StreetHomer, MI 49245 442,240$314,500$14026 days
122 E Main StreetHomer, MI 49245 —1—$95,000—28 days
114 W Leigh StreetHomer, MI 49245 421,824$209,500$11443 days
310 S Burgess StreetHomer, MI 49245 421,560$124,900$8064 days
29359 N Drive SHomer, MI 49245 332,549$320,000$12570 days
25731 S Dr SHomer, MI 49245 423,449$685,000$19885 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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