Market Summary

Homer, Kenai Peninsula Borough, AK

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Median Home Price Price

$373,846 $373.8K

Median Monthly Rent Rent

$1,478 $1.5K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kenai Peninsula Borough County

Region Price Rent GRM Display
$340,548 $1,474 19.0x
$471,246 $1,462 27.0x
$302,622 $1,424 18.0x
$267,059 $1,649 14.0x
$336,175 $1,379 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AK outside of Kenai Peninsula Borough County

Home prices

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Monthly rent

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GRM

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Similar markets outside of AK

Region Price Rent GRM Display
$397,637 $942 36.0x
$309,473 $1,142 23.0x
$325,821 $1,024 27.0x
$219,714 $676 28.0x
$161,495 $1,373 10.0x
$685,542 $1,771 32.0x
$221,361 $907 21.0x
$360,466 $876 35.0x
$232,157 $1,461 13.0x
$190,633 $884 18.0x
$192,444 $837 19.0x
$279,546 $3,067 8.0x
$1,507,534 $1,569 81.0x
$205,584 $1,195 15.0x
$296,290 $1,287 19.0x
$310,680 $1,231 21.0x
$407,295 $900 38.0x
$172,258 $841 17.0x
$200,716 $859 20.0x
$1,025,519 $1,396 62.0x
$307,271 $1,188 22.0x
$597,499 $1,505 33.0x
$194,807 $951 17.0x
$281,440 $1,262 19.0x
$551,204 $1,557 30.0x
$223,513 $1,055 18.0x
$193,107 $869 19.0x
$247,768 $1,084 19.0x
$213,631 $1,410 13.0x
$129,661 $1,226 9.0x
$224,739 $1,101 17.0x
$476,435 $1,573 25.0x

Home prices

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Monthly rent

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GRM

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Homer

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Trend Insights

Median Rent in Homer, AK is $1,478, with MoM change +$18 and YoY change +$95 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Homer, AK.

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Metric
Base market Homer, AK
Compare market Select a market
Delta vs base
Median rent
$1,478
N/A
Median price
$373,846
N/A
YoY change
+$95
N/A
Price-to-rent
21.1x
Data unavailable
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