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HOMER, LA 71040

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

Market Analysis

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

The HOMER, LA real estate market (71040) currently shows 23 active listings, with 4 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 64 days on market compared to 73 days last year.

The median listing price has fallen 5.2% year-over-year, from $326,750 to $309,750.

Whether you are buying or selling in HOMER, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,996  ·  Density: 10.5/mi²  ·  Median household income: $30,813

Typical home value: $70,401  ·  Homeownership: 67.6%

Market Overview

Active Listings
23
⇧ 9.5% vs 21 last year
Pending
4
17% pending ratio
Median Price
$309,750
⇩ 5.2% vs $326,750 last year
Average Price
$398,316
⇧ 24.5% vs $320,019 last year
Days on Market
64
⇩ 12.3% vs 73 days last year

Price Per Square Foot

Median $/sqft
$154
vs $154/sqft last year
Median Home Size
2,092 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 21 last year
  • Days on market: 64 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $309,750 (-5.2% YoY)
  • Average: $398,316 (+24.5% 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 32.3 miles — 178 listings ($45,463,731 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71040Homer, LA 710400.0 mi22$8,579,208$271,250$389,964
71003Athens, LA 7100310.8 mi3$2,028,750$512,750$676,250
71001Arcadia, LA 7100114.9 mi10$1,685,630$157,500$168,563
71072Shongaloo, LA 7107220.3 mi1$265,000$265,000$265,000
71222Bernice, LA 7122220.7 mi3$637,500$212,500$212,500
71235Dubach, LA 7123520.8 mi11$2,276,593$167,750$206,963
71740Emerson, AR 7174022.2 mi1$240,000$240,000$240,000
71018Cotton Valley, LA 7101824.4 mi5$1,597,400$314,900$319,480
71245Grambling, LA 7124524.9 mi5$956,250$191,250$191,250
71277Spearsville, LA 7127728.8 mi2$154,000$77,000$77,000
71039Heflin, LA 7103929.7 mi3$540,126$169,875$180,042
71075Springhill, LA 7107531.3 mi21$2,547,069$109,375$121,289
71753Magnolia, AR 7175332.3 mi91$23,956,205$231,050$263,255

Frequently Asked Questions

How many homes are for sale in HOMER, LA 71040?

As of March 2026, there are 23 active listings in HOMER, LA (zip code 71040), compared to 21 the prior year.

What is the median home price in HOMER, LA 71040?

The median listing price in HOMER, LA 71040 is $309,750 as of March 2026, a 5.2% decrease from $326,750 the prior year.

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

Homes in HOMER, LA 71040 spend an average of 64 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in HOMER, LA 71040?

Based on current inventory and days-on-market data as of March 2026, HOMER, LA 71040 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 73 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HOMER, LA 71040 save an estimated $6,195 compared to a typical 5% commission on the median listing price of $309,750. 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.