Is Homer, LA 71040 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 3.4 months of supply and 0% 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 supply3.4Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list94.1%Sold price ÷ list price

Median days on market80Listing to accepted offer

Median price per sq ft$101▲ +3.6% vs. last year

Run the numbers for 71040

Prefilled for 71040Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71040Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Athens 71003Seller’s market $154 /sq ft Haynesville 71038Buyer’s market $83 /sq ft Summerfield 71079 — /sq ft Browse all markets →

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