House Prices

House Prices & Home Values Homer, AK 2026


Average Data

average house price$724,667
average size per house2453 ft²
average price per ft²296 $ / ft²

05/30/2026 - The value range (VR) for house prices in Homer, AK is $330/ sqft to $330/ sqft. An average home with 2453 sqft costs approximately $809,490 to $809,490. Homer, AK includes 1 ZIP codes and it is located in Kenai Peninsula county. The lowest prices are found in ZIP 99603, while the highest are in ZIP 99603. The average price per sqare feet is $296. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Homer

99603307 $ / ft²




Historical development of home values in Homer

Year Estimated value (USD) Change vs. 2025
2010 $336,548 -53.6%
2011 $323,534 -55.4%
2012 $322,663 -55.5%
2013 $334,723 -53.8%
2014 $351,367 -51.5%
2015 $369,401 -49.0%
2016 $388,679 -46.4%
2017 $409,657 -43.5%
2018 $432,305 -40.3%
2019 $452,350 -37.6%
2020 $475,735 -34.4%
2021 $541,097 -25.3%
2022 $630,798 -13.0%
2023 $665,205 -8.2%
2024 $703,688 -2.9%
2025 $724,667 0.0%

Graph: estimated home values in Homer over time (USD)



Example: 100% financing house in Homer

Loan amount: $724,667

Interest rate: 6.00%

Fixed monthly payment: $4,344.74

Breakdown in the 1st month:
Interest portion: $3,623.34  –  Principal portion: $721.41

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $43,237.94 $8,899.00 $715,768.00
2 $42,689.07 $9,447.87 $706,320.14
3 $42,106.35 $10,030.59 $696,289.55
4 $41,487.68 $10,649.25 $685,640.29
5 $40,830.86 $11,306.08 $674,334.22
6 $40,133.53 $12,003.41 $662,330.80
7 $39,393.18 $12,743.76 $649,587.05
8 $38,607.17 $13,529.76 $636,057.29
9 $37,772.69 $14,364.25 $621,693.04
10 $36,886.73 $15,250.20 $606,442.83
11 $35,946.13 $16,190.80 $590,252.03
12 $34,947.52 $17,189.42 $573,062.61
13 $33,887.32 $18,249.62 $554,812.99
14 $32,761.72 $19,375.22 $535,437.77
15 $31,566.70 $20,570.24 $514,867.53
16 $30,297.97 $21,838.97 $493,028.56
17 $28,950.99 $23,185.95 $469,842.61
18 $27,520.93 $24,616.01 $445,226.61
19 $26,002.67 $26,134.27 $419,092.34
20 $24,390.77 $27,746.17 $391,346.17
21 $22,679.44 $29,457.50 $361,888.67
22 $20,862.57 $31,274.37 $330,614.30
23 $18,933.63 $33,203.30 $297,411.00
24 $16,885.73 $35,251.21 $262,159.79
25 $14,711.51 $37,425.43 $224,734.36
26 $12,403.19 $39,733.75 $185,000.61
27 $9,952.50 $42,184.44 $142,816.18
28 $7,350.66 $44,786.28 $98,029.90
29 $4,588.34 $47,548.60 $50,481.29
30 $1,655.64 $50,481.29 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Homer, AK


1500 sqft3900 sqft
Ø selling price$537,241$1,142,856
Ø fast selling$488,401$1,028,571
Ø high price sale$586,080$1,257,142

In 2026, houses in Homer, AK will be offered at an average price of $296 per square foot. A 1,500 sqft home priced at $537,241 is 21.34% more expensive per square foot than a 3,900 sqft home priced at $1,142,856. Home prices in Homer, AK vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $791,209. Sellers who can wait longer may achieve a higher price of up to $967,033.


Homer, AK Travel Guide

Overview

Located at the end of the Kenai Peninsula, Homer, AK blends rugged wilderness with small-town charm.
This coastal hub on Kachemak Bay draws visitors for its scenery, wildlife, and easy access to outdoor adventures.

Signature Sights

The iconic Homer Spit offers beaches, restaurants, charter docks, and sweeping glacier views. Photographers love sunrise and sunset light over the bay and the distant Kenai Mountains. From May to September, wildflowers and seabirds make the shoreline especially vibrant.

Outdoor Adventures

Top things to do in Homer Alaska include world-class halibut fishing, sea kayaking, and hiking across the bay in Kachemak Bay State Park. Wildlife tours may feature otters, whales, puffins, and seasonal bear viewing in nearby destinations. Guided charters and water taxis make it simple to reach trailheads, beaches, and remote cabins.

Arts, Culture, and Dining

Homer?s creative scene shines through local galleries, the Pratt Museum, and a vibrant food culture emphasizing fresh seafood.

Planning Tips

Plan your Alaska road trip with flexible lodging reservations, book summer charters early, and consider shoulder-season travel for fewer crowds and great deals.



FAQ – Home Values in Homer

What is the median home value in Homer in 2026?

In 2026, the typical home value in Homer is about $724,667 for an average home size of 2453 square feet. This corresponds to an average price of roughly $296 per square foot.

What is the average cost per square foot in Homer?

In 2026, homes in Homer sell for an average of around $296 per square foot, with a typical range between $330 and $330 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Homer is about 2453 square feet, with an estimated 2026 value around $724,667.



Locations close to Homer, AK

Hooper Bay, AK286 $ / ft²
Hope, AK255 $ / ft²
Iliamna, AK284 $ / ft²
Holy Cross, AK305 $ / ft²
Saint George Island, AK237 $ / ft²
Grayling, AK215 $ / ft²
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