Home prices
The median home value in Homer is $136,900. It is roughly $20,800 (17%) higher in comparison to nearby areas.Compared to the entire nation it is approximately $80,600 (37%) lower, and it is roughly $42,500 (45%) higher compared to the city of Syracuse.
Rents
Homer's median monthly rent is $766. In comparison to other places in this area it is about $29 (3%) higher.In comparison to the US as a whole it is about $296 (27%) lower, and compared to the city of Syracuse is roughly $48 (5%) lower.
Nearby places
Cortland
Cortland is roughly 2 miles south of Homer. Housing prices there are a bit less expensive. The median home in Cortland costs $109,400, which comes out to $27,500 (25%) lower than Homer. The rent there is fairly similar. In Cortland the median rent is $754 a month, which is $12 (1%) lower than Homer.
Munsons Corners
Munsons Corners is approximately 4 miles south from Homer. The real estate prices there are a bit less expensive. The value of the median home in Munsons Corners is $129,900, which works out to $7,000 (5%) lower than Homer. Its rents are somewhat more expensive. In Munsons Corners the median monthly rent is $844, which works out to $78 (9%) higher than Homer.
McGraw
McGraw is roughly 4 miles southeast of Homer. Its housing prices are substantially less expensive. McGraw's median home value is $87,000, which is $49,900 (57%) lower than Homer. Rent there is a bit less expensive. McGraw's median rent is $689 a month, which works out to $77 (11%) lower than Homer.
Virgil
Virgil is approximately 8 miles south from Homer. Its real estate prices are a bit less expensive. The median home in Virgil is valued at $124,500, which comes out to $12,400 (9%) lower than Homer. The rent there is a bit less expensive. The median rent in Virgil is $721 per month, which comes out to $45 (6%) lower than Homer.
Groton
Groton is roughly 8 miles southwest from Homer. Real estate prices there are somewhat less expensive. Groton's median home cost is $129,700, which comes out to $7,200 (5%) lower than Homer. Its rents are somewhat less expensive. Groton's median monthly rent is $677, which comes out to $89 (13%) lower than Homer.
