Zip 61849 (Homer, IL) Housing

The housing market in Homer, IL 61849 is currently quite strong. The median value of houses in the area is $148,300, which is much lower than the US national median value of $338,100. Furthermore, in the past year there has been an 8.72% appreciation in the house values in Homer. This is slightly higher than the US-wide appreciation of 8.27%. Therefore, it appears to be a great time to invest in buying property in Homer, IL 61849 with potential for solid growth over the coming years.

The median home cost in Homer (zip 61849) is $148,300. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Homer (zip 61849) is up 14.5%.

Average Age of Homes

- The median age of Homer (zip 61849) real estate is 58 years old

The Rental Market in Homer (zip 61849)

- Renters make up 13.0% of the Homer (zip 61849) population
- 0.9% of houses and apartments in Homer (zip 61849), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Homer, Illinois	United States
	912.0	139,647,020.0
	63	42
	$148,300	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$18.80	$10.98
	$2,743	$2,690
	82.5%	57.4%
	7.1%	11.2%
	10.4%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	4.7%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	2.5%	2.4%
	6.6%	2.8%
	5.2%	3.9%
	7.0%	4.5%
	27.0%	11.3%
	17.7%	13.0%
	7.7%	20.1%
	16.9%	13.6%
	4.3%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	9.8%	13.6%
	8.4%	13.2%
	11.7%	14.8%
	9.8%	13.6%
	10.1%	10.0%
	7.0%	4.7%
	34.5%	12.2%

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