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Homer, MI

Full City Profile · Michigan · Jackson County County

2.8 /5.0
C+ Fair
1,584 Population 1,131/sq mi density
$49,271 Median Income $23,841 per capita
$119,600 Home Value $176,165 Zillow
$734 Median Rent 24.8% income on rent
48°F Avg Temperature 260 sunny days/yr
834 Violent Crime/100K 3,124 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$49,271 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$119,600 home value, $734/mo rent
F
Safety
1.0 / 5.0
834 violent crimes/100K (119% above avg)
D
Education
1.9 / 5.0
10.7% bachelor's degree or higher

Housing Overview

Median Home Value
$119,600
58% below
US avg: $281,900
Median Rent
$734/mo
37% below
US avg: $1,163/mo
Homeownership Rate
63.7%
3% below US avg (65.4%)
Total Housing Units
720
Median year built: 1959

Home Value by Source

Census Median
$119,600
Zillow (ZHVI)
$176,165
Median Sale Price
$147,000
Median List Price
$290,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.7%
Owner-Occupied
36.3%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $734/mo

Market Indicators (Redfin)

Median Days on Market
1 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$71
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
63.7%

Complete Housing Data

Home Values

Census Median Value$119,600
Zillow Home Value (ZHVI)$176,165
Median Sale Price$147,000
Median List Price$290,000
Price Per Sq Ft$71

Rent

Census Median Rent$734
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market1
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold3
Active Inventory1
Price Per Sq Ft$71

Ownership & Stock

Owner-Occupied63.7%
Renter-Occupied36.3%
Homeownership Rate63.7%
Total Housing Units720
Median Year Built1959
Rent Burden24.8%