Call or Text (240) SELL-123

HOMER, MI 49245

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

Market Analysis

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

The HOMER, MI real estate market (49245) currently shows 6 active listings, with 2 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 95 days on market compared to 44 days last year.

The median listing price has risen 59.4% year-over-year, from $172,500 to $275,000.

Whether you are buying or selling in HOMER, MI, 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.

★ 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
6
vs 6 last year
Pending
2
33% pending ratio
Median Price
$275,000
⇧ 59.4% vs $172,500 last year
Average Price
$213,863
⇧ 34.4% vs $159,167 last year
Days on Market
95
⇧ 115.9% vs 44 days last year

Price Per Square Foot

Median $/sqft
$95
⇩ 24.6% vs $126/sqft last year
Median Home Size
1,576 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 95 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (+59.4% YoY)
  • Average: $213,863 (+34.4% 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 — 179 listings ($59,384,156 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49245Homer, MI 492450.0 mi8$1,791,040$275,000$223,880
49092Tekonsha, MI 490928.5 mi4$839,996$199,950$209,999
49224Albion, MI 4922410.2 mi38$9,242,246$160,000$243,217
49241Hanover, MI 4924111.4 mi4$1,233,464$347,500$308,366
49227Allen, MI 4922713.4 mi3$899,700$299,900$299,900
49082Quincy, MI 4908214.0 mi12$3,408,204$274,450$284,017
49033Ceresco, MI 4903315.2 mi6$2,515,320$300,000$419,220
49246Horton, MI 4924616.2 mi14$6,130,250$447,450$437,875
49284Springport, MI 4928418.1 mi7$3,641,120$275,000$520,160
49036Coldwater, MI 4903619.4 mi69$26,073,651$329,950$377,879
49076Olivet, MI 4907620.3 mi6$1,365,000$227,500$227,500
49011Athens, MI 4901120.9 mi5$1,156,665$205,000$231,333
49051East Leroy, MI 4905121.7 mi3$1,087,500$362,500$362,500

Frequently Asked Questions

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

As of February 2026, there are 6 active listings in HOMER, MI (zip code 49245), compared to 6 the prior year.

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

The median listing price in HOMER, MI 49245 is $275,000 as of February 2026, a 59.4% increase from $172,500 the prior year.

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

Homes in HOMER, MI 49245 spend an average of 95 days on the market before going under contract, compared to 44 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 February 2026, HOMER, MI 49245 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 95 days on market compared to 44 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 $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.