Homer, AK Housing Market
$432,181
10.0% 1-yrThe average Homer, AK home value is $432,181, up 10.0% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Homer Key Takeaways
Typical Home Values: $432,181
1-Year Value Change: +10%
(Data through August 31, 2026)
Homer Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Rabbit Creek$814,724
- Old Seward-Oceanview$461,143
- Bayshore-Klatt$510,778
- Bear Valley$633,338
- Sand Lake$453,247
- Huffman-O'Malley$632,260
- Turnagain Arm$572,891
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Homer Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Homer, AK?
The median home value in Homer, AK is $432,181 as of August 2026. This represents a 0.1% increase compared to last month and a 10.0% increase year-over-year.
How have home values changed in Homer, AK?
Home values in Homer, AK have increased by 0.1% month-over-month and 10.0% year-over-year.
How do home values in Homer, AK compare to Kenai Peninsula Borough, Alaska, and the national average?
The median home value in Homer, AK ($432,181) compares to: Kenai Peninsula Borough ($351,179), Alaska ($398,663), and the U.S. national median ($368,697).
