Home prices
The median home cost in Homer is $103,800. In comparison to other places in this area this is about $21,420 (17%) lower.Compared to the entire nation it is roughly $113,700 (52%) lower, and compared to the city of Champaign it is approximately $58,000 (35%) lower.
Rents
Homer's median rent is $748 a month. This is roughly $31 (3%) lower compared to other places in this area.It is about $314 (29%) lower in comparison to the rest of the country, and in comparison to the city of Champaign is about $204 (21%) lower.
Nearby places
Sidney
Sidney is approximately 5 miles west of Homer. Its housing prices are somewhat more expensive. The median home price in Sidney is $150,300, which works out to $46,500 (30%) higher than Homer. The rent there is a little more expensive. The median rent in Sidney is $892 per month, which works out to $144 (16%) higher than Homer.
Ogden
Ogden is roughly 5 miles north of Homer. Housing prices there are somewhat more expensive. The value of the median home in Ogden is $125,600, which is $21,800 (17%) higher than Homer. Its rents are a little more expensive. In Ogden the median rent is $969 a month, which comes out to $221 (22%) higher than Homer.
Fairmount
Fairmount is roughly 5 miles east of Homer. The housing prices there are a lot less expensive. The cost of the median home in Fairmount is $72,500, which comes out to $31,300 (43%) lower than Homer. The rent there is somewhat less expensive. Fairmount's median rent is $588 per month, which works out to $160 (27%) lower than Homer.
St. Joseph
St. Joseph is approximately 6 miles northwest from Homer. The housing prices there are significantly more expensive. The median home in St. Joseph costs $189,300, which is $85,500 (45%) higher than Homer. Rent there is similar. In St. Joseph the median monthly rent is $770, which is $22 (2%) higher than Homer.
Fithian
Fithian is approximately 6 miles northeast of Homer. The housing prices there are a little less expensive. Fithian's median home cost is $88,400, which works out to $15,400 (17%) lower than Homer. Rent there is a bit less expensive. In Fithian the median rent is $675 per month, which is $73 (10%) lower than Homer.
