House Prices

House Prices & Home Values Homer, IL 2026


Average Data

average house price$161,167
average size per house1949 ft²
average price per ft²83 $ / ft²

04/17/2026 - The value range (VR) for house prices in Homer, IL is $78/ sqft to $78/ sqft. An average home with 1949 sqft costs approximately $152,022 to $152,022. Homer, IL includes 1 ZIP codes and it is located in Champaign county. The lowest prices are found in ZIP 61849, while the highest are in ZIP 61849. The average price per sqare feet is $83. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Homer

6184973 $ / ft²




Historical development of home values in Homer

Year Estimated value (USD) Change vs. 2025
2010 $74,849 -53.6%
2011 $71,954 -55.4%
2012 $71,761 -55.5%
2013 $74,443 -53.8%
2014 $78,145 -51.5%
2015 $82,155 -49.0%
2016 $86,443 -46.4%
2017 $91,108 -43.5%
2018 $96,145 -40.3%
2019 $100,603 -37.6%
2020 $105,804 -34.4%
2021 $120,341 -25.3%
2022 $140,290 -13.0%
2023 $147,943 -8.2%
2024 $156,501 -2.9%
2025 $161,167 0.0%

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



Example: 100% financing house in Homer

Loan amount: $161,167

Interest rate: 6.00%

Fixed monthly payment: $966.28

Breakdown in the 1st month:
Interest portion: $805.84  –  Principal portion: $160.44

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,616.18 $1,979.15 $159,187.85
2 $9,494.11 $2,101.22 $157,086.63
3 $9,364.51 $2,230.82 $154,855.81
4 $9,226.92 $2,368.41 $152,487.40
5 $9,080.84 $2,514.49 $149,972.92
6 $8,925.75 $2,669.58 $147,303.34
7 $8,761.10 $2,834.23 $144,469.11
8 $8,586.29 $3,009.04 $141,460.07
9 $8,400.70 $3,194.63 $138,265.44
10 $8,203.66 $3,391.67 $134,873.77
11 $7,994.47 $3,600.86 $131,272.91
12 $7,772.38 $3,822.95 $127,449.96
13 $7,536.59 $4,058.74 $123,391.22
14 $7,286.25 $4,309.08 $119,082.14
15 $7,020.48 $4,574.85 $114,507.29
16 $6,738.31 $4,857.02 $109,650.27
17 $6,438.74 $5,156.59 $104,493.68
18 $6,120.70 $5,474.64 $99,019.05
19 $5,783.03 $5,812.30 $93,206.75
20 $5,424.54 $6,170.79 $87,035.96
21 $5,043.94 $6,551.39 $80,484.57
22 $4,639.87 $6,955.47 $73,529.10
23 $4,210.87 $7,384.46 $66,144.64
24 $3,755.41 $7,839.92 $58,304.72
25 $3,271.86 $8,323.47 $49,981.25
26 $2,758.49 $8,836.84 $41,144.41
27 $2,213.45 $9,381.88 $31,762.53
28 $1,634.80 $9,960.53 $21,801.99
29 $1,020.45 $10,574.88 $11,227.11
30 $368.22 $11,227.11 $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, IL


1500 sqft3900 sqft
Ø selling price$150,645$320,463
Ø fast selling$136,950$288,417
Ø high price sale$164,340$352,510

In 2026, houses in Homer, IL will be offered at an average price of $83 per square foot. A 1,500 sqft home priced at $150,645 is 21.48% more expensive per square foot than a 3,900 sqft home priced at $320,463. Home prices in Homer, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $221,860. Sellers who can wait longer may achieve a higher price of up to $271,162.

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 $161,167 for an average home size of 1949 square feet. This corresponds to an average price of roughly $83 per square foot.

What is the average cost per square foot in Homer?

In 2026, homes in Homer sell for an average of around $83 per square foot, with a typical range between $78 and $78 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 1949 square feet, with an estimated 2026 value around $161,167.



Locations close to Homer, IL

Indianola, IL134 $ / ft²
Ivesdale, IL141 $ / ft²
Longview, IL142 $ / ft²
Henning, IL35 $ / ft²
Gifford, IL99 $ / ft²
Georgetown, IL69 $ / ft²
  imprint  Privacy