Home prices
Homer's median home value is $84,700. It is approximately $5,580 (6%) lower in comparison to other places in this area.In comparison to the rest of the nation it is approximately $132,800 (61%) lower, and it is approximately $3,900 (4%) higher compared to the city of Toledo.
Rents
The median rent in Homer is $635 a month. This is approximately $57 (8%) lower compared to nearby areas.It is roughly $427 (40%) lower compared to the rest of the nation, and it is about $90 (12%) lower in comparison to the city of Toledo.
Nearby places
Albion
Albion is roughly 7 miles north of Homer. Its housing prices are significantly less expensive. The median home price in Albion is $56,800, which comes out to $27,900 (49%) lower than Homer. Rents there are a bit more expensive. In Albion the median monthly rent is $680, which works out to $45 (6%) higher than Homer.
Litchfield
Litchfield is about 7 miles south of Homer. Its housing prices are a little less expensive. The median home in Litchfield costs $80,000, which comes out to $4,700 (5%) lower than Homer. The rent there is similar. Litchfield's median monthly rent is $646, which is $11 (1%) higher than Homer.
Concord
Concord is approximately 7 miles east of Homer. Real estate prices there are somewhat more expensive. The median home in Concord is valued at $113,200, which comes out to $28,500 (25%) higher than Homer. Rent there is a bit more expensive. Concord's median rent is $723 per month, which comes out to $88 (12%) higher than Homer.
Tekonsha
Tekonsha is about 8 miles southwest from Homer. Housing prices there are somewhat less expensive. The median home price in Tekonsha is $76,500, which is $8,200 (10%) lower than Homer. Rent there is a bit more expensive. The median monthly rent in Tekonsha is $680, which works out to $45 (6%) higher than Homer.
Marshall
Marshall is roughly 10 miles northwest of Homer. Real estate prices there are a lot more expensive. Marshall's median home price is $124,900, which works out to $40,200 (32%) higher than Homer. Its rents are a bit more expensive. Marshall's median monthly rent is $732, which is $97 (13%) higher than Homer.