Homer, NE—68030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Homer, NE
As of Oct '25, the median home price in Homer, NE is $246,000, with a year-over-year change of 4.2%. This indicates that home prices in Homer, NE are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 4.2% |
| Single Family | $246,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $257,000 | 3.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Homer, NE
Homer, NE lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Homer, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Homer, NE is 9. This is a decrease of -75.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $175,000 | 95.0% |
Listing Count | 1 | 100.0% |
| Listings as % of Homes | 1.0% | 100.0% |
Days on Market | 9 | -75.0% |
Demographics — Homer, NE
As of the latest ACS Survey released in 2023, Homer, NE has a population of 641, which has decreased by -13.0% over the past 5 years. Homer, NE is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 641 | -13.0% |
% Under 18 | 18.4% | -13.2% |
% Seniors | 24.0% | 31.1% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 10.7% | -31.4% |
As of the latest ACS Survey released in 2023, Homer, NE is a predominantly white area, with 94.9% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Homer, NE is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.9% of the population in Homer, NE, and this percentage has increased by 125.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.9% | 4.5% |
% Black | 0.0% | N/A |
% Hispanic | 0.9% | -78.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.9% | 125.0% |
Mortgage and Risk — Homer, NE
According to HUD data as of 2023, there were 39 mortgage originations in Homer, NE, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Homer, NE. Investor activity is low, as 8.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 8.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Homer, NE
Homer, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Homer, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $246,000 |
| Median Household Income | $87,600 |