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Homer, IL

Full City Profile · Illinois · Vermilion County County

3.5 /5.0
B+ Good
1,130 Population 1,153/sq mi density
$75,833 Median Income $57,995 per capita
$125,700 Home Value $172,831 Zillow
$956 Median Rent 35.8% income on rent
52°F Avg Temperature 275 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$75,833 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$125,700 home value, $956/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher

Housing Overview

Median Home Value
$125,700
55% below
US avg: $281,900
Median Rent
$956/mo
18% below
US avg: $1,163/mo
Homeownership Rate
78.4%
20% above US avg (65.4%)
Total Housing Units
505
Median year built: 1938

Home Value by Source

Census Median
$125,700
Zillow (ZHVI)
$172,831
Median Sale Price
$113,000
Median List Price
$139,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.4%
Owner-Occupied
21.6%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $956/mo

Market Indicators (Redfin)

Median Days on Market
36 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$85
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
35.8%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
78.4%

Complete Housing Data

Home Values

Census Median Value$125,700
Zillow Home Value (ZHVI)$172,831
Median Sale Price$113,000
Median List Price$139,900
Price Per Sq Ft$85

Rent

Census Median Rent$956
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market36
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$85

Ownership & Stock

Owner-Occupied78.4%
Renter-Occupied21.6%
Homeownership Rate78.4%
Total Housing Units505
Median Year Built1938
Rent Burden35.8%