Is Homer, MI 49245 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Homer is a seller’s market. With about 3.8 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.8Under 4 months = seller’s market

Sold above original list18.2%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market28Listing to accepted offer

Median price per sq ft$140▼ −3.8% vs. last year

Run the numbers for 49245

Prefilled for 49245Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49245Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albion 49224Seller’s market $127 /sq ft Athens 49011Seller’s market $139 /sq ft Battle Creek 49014Seller’s market $166 /sq ft Battle Creek 49015Seller’s market $140 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology