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Homer, NY
Full City Profile · New York · Cortland County County
3.8
/5.0
B+
Good
3,110
Population
1,611/sq mi density
$71,675
Median Income
$41,128 per capita
$160,500
Home Value
$194,617 Zillow
$1,050
Median Rent
23.6% income on rent
44°F
Avg Temperature
246 sunny days/yr
805
Violent Crime/100K
3,982 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,675 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$160,500 home value, $1,050/mo rent
F
Safety
1.0 / 5.0
805 violent crimes/100K (112% above avg)
A+
Education
4.6 / 5.0
45.6% bachelor's degree or higher
Housing Overview
Median Home Value
$160,500
43% below
US avg: $281,900
Median Rent
$1,050/mo
10% below
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
1,563
Median year built: 1941
Home Value by Source
Census Median
$160,500
Zillow (ZHVI)
$194,617
Median Sale Price
$245,000
Median List Price
$199,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.0%
Owner-Occupied
30.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$1,050/mo
Market Indicators (Redfin)
Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$136
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
23.6%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1941
Average age of housing stock: 85 years
Homeownership Rate
70.0%
Complete Housing Data
Home Values
| Census Median Value | $160,500 |
| Zillow Home Value (ZHVI) | $194,617 |
| Median Sale Price | $245,000 |
| Median List Price | $199,000 |
| Price Per Sq Ft | $136 |
Rent
| Census Median Rent | $1,050 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
| Days on Market | 49 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 3 |
| Active Inventory | 4 |
| Price Per Sq Ft | $136 |
Ownership & Stock
| Owner-Occupied | 70.0% |
| Renter-Occupied | 30.0% |
| Homeownership Rate | 70.0% |
| Total Housing Units | 1,563 |
| Median Year Built | 1941 |
| Rent Burden | 23.6% |