Call or Text (240) SELL-123

HOMER, MI 49245

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The HOMER, MI real estate market (49245) currently shows 12 active listings, with 4 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 52 days on market compared to 25 days last year.

The median listing price has risen 0.4% year-over-year, from $274,925 to $276,000.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for HOMER, MI 49245 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 4,445  ·  Density: 18.5/mi²  ·  Median household income: $57,870

Typical home value: $128,768  ·  Homeownership: 78.3%

Market Overview

Active Listings
12
⇩ 14.3% vs 14 last year
Pending
4
33% pending ratio
Median Price
$276,000
⇧ 0.4% vs $274,925 last year
Average Price
$351,175
⇧ 16.2% vs $302,344 last year
Days on Market
52
⇧ 108% vs 25 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 45.4% vs $130/sqft last year
Median Home Size
1,824 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 14 last year
  • Days on market: 52 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $276,000 (+0.4% YoY)
  • Average: $351,175 (+16.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 182 listings ($64,311,176 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49245Homer, MI 492450.0 mi6$1,283,178$275,000$213,863
49092Tekonsha, MI 490928.5 mi3$513,675$171,225$171,225
49224Albion, MI 4922410.2 mi41$9,203,639$144,900$224,479
49241Hanover, MI 4924111.4 mi5$1,485,060$314,900$297,012
49227Allen, MI 4922713.4 mi2$599,800$299,900$299,900
49082Quincy, MI 4908214.0 mi13$5,840,107$349,900$449,239
49033Ceresco, MI 4903315.2 mi6$2,104,398$306,250$350,733
49246Horton, MI 4924616.2 mi12$6,326,292$446,225$527,191
49284Springport, MI 4928418.1 mi8$3,722,336$247,450$465,292
49036Coldwater, MI 4903619.4 mi69$27,921,678$344,900$404,662
49076Olivet, MI 4907620.3 mi6$1,477,098$253,650$246,183
49011Athens, MI 4901120.9 mi6$1,764,750$263,250$294,125
49051East Leroy, MI 4905121.7 mi5$2,069,165$390,500$413,833

Frequently Asked Questions

How many homes are for sale in HOMER, MI 49245?

As of September 2026, there are 12 active listings in HOMER, MI (zip code 49245), compared to 14 the prior year.

What is the median home price in HOMER, MI 49245?

The median listing price in HOMER, MI 49245 is $276,000 as of September 2026, a 0.4% increase from $274,925 the prior year.

How long do homes stay on the market in HOMER, MI?

Homes in HOMER, MI 49245 spend an average of 52 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in HOMER, MI 49245?

Based on current inventory and days-on-market data as of September 2026, HOMER, MI 49245 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 52 days on market compared to 25 days last year.

How much can I save on real estate commission in HOMER, MI?

With SELL123.com's maximum 3% commission, sellers in HOMER, MI 49245 save an estimated $5,520 compared to a typical 5% commission on the median listing price of $276,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.