Skip to main content

MI area data

Homer, MI

Homer, MI.

Population: 4,547 (Census ACS)

Home values & appreciation

Median home value
$146,125
1-year appreciation
+6.1%
3-year appreciation
+21.5%
5-year appreciation
+28.8%
10-year appreciation
+117.1%
All-time peak (2026-07)
$146,125
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$190,000
Median list price
$230,000
Median days on market
37 days
Sale-to-list ratio
98.4%
Active listings
9
1-year forecast
+1.4%
New listings (monthly)
3

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, coldWave, hail, iceStorm, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
38.6 in

Walkability & transit

Walkability index
9.0 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Claucherty Airport (4 mi)
Nearest major airport
Jackson County Airport/Reynolds Field (JXN) (20 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
2.7 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-78 tax filers

Housing stock

Median year housing built
1,963
Median annual property tax
$1,941
Mean commute to work
25 min
Households with broadband internet
49.4%

Employment & development

Total county employment
43,064
Average weekly wage
$1,184
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
62

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents