Current Price

$160,980

1 Month Forecast

â–² $181,038

1-Year Forecast *

â–² $198,681

5-Year Forecast *

â–² $237,982

"Is it a good time to buy homes in Homer?" "Does investing in real estate in Homer (Illinois State, Champaign County) worth it?" According to our live Forecast System, buying a house in Homer is a good short-term (1-year) investment*. The Homer average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Homer" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Homer in Illinois State, Champaign County. If you are looking for homes for sale with good flipping profit, Homer can be a profitable property investment option. The median price of an average house in Homer was 160,980 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Homer" area is 237,982 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +47.83% meaning that investing 100000 USD today may yield a profit of 47,833 USD by 2031.

Current Median Listing Price: 160,980 USD Median Listing Price Per Square Foot: 89 USD

Homer Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Homer (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Homer Price Target

Homer median home price target in 12 months: $198,681* (upside of 23.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $179,361 $179,958 $178,941 $179,958
2024 $151,164 $160,980 $151,164 $160,980
2023 $142,142 $150,911 $141,491 $150,911
2022 $140,710 $142,691 $140,710 $145,414
2021 $127,232 $139,306 $127,232 $139,306
2020 $121,310 $126,683 $121,310 $126,683
2019 $115,667 $120,536 $115,667 $121,062
2018 $119,623 $115,537 $115,537 $120,386
2017 $111,220 $119,246 $111,220 $119,246
2016 $107,409 $110,195 $107,409 $110,392
2015 $104,902 $106,864 $103,155 $106,864
2014 $107,310 $105,586 $105,586 $107,367
2013 $102,401 $107,435 $101,193 $107,435
2012 $102,995 $103,461 $102,995 $104,801

Questions & Answers about the Homer Housing Market Forecast

How much does an average home cost in Homer today?

The value of an average home (the listing price) in Homer is $160,980 USD.

What is the average price per square foot in Homer?

According to Walletinvestor the median price per square foot in Homer is 89 USD.

Will the median listing price of homes in Homer grow / rise / go up?

Yes. The Homer home prices may rise from 160,980 USD to 198,681 USD in one year.

Is it profitable to invest in Homer homes?

Yes. The long-term profit potential is +23.42% in one year.

Will Homer house prices fall / drop?

No. See above.

What is the predicted price of a Homer home in 2030?

The predicted home sales price of a Homer home in 2030 in Homer is 223,319 USD.

What is the predicted price of a Homer home in 2035?

The predicted home sales price of a Homer home in 2035 in Homer is 286,062 USD.

Will real estate prices decrease in Homer?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Homer is the 14648. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Champaign, Homer decreased, looking at the past 12 months.

According to Walletinvestor's Homer real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.542% to 160,980 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 22.339% in 2021
  • 22.329% in 2022
  • 23.609% in 2023
  • 25.099% in 2024
  • 23.969% in 2025
  • 22.619% in 2026

Based on our Homer real estate market research and report the predicted sales prices will increase by 720.033% in the next 10 years.

Over the last 12 months, the value of homes in Homer fluctuated: increasing 2 times and decreasing 2 times.

Homer (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Homer Housing Market Forecast with Real Estate Prices for 2025
August 2025 181038 167098 194978
September 2025 182357 171416 193299
October 2025 184044 168032 200056
November 2025 185746 169586 201906
December 2025 187464 170405 204523
Homer Housing Market Forecast with Real Estate Prices for 2026
January 2026 188979 173105 204854
February 2026 190439 171396 209483
March 2026 191767 179110 204423
April 2026 193269 183219 203319
May 2026 195056 184133 205979
June 2026 196860 185442 208278
July 2026 198681 186164 211198
August 2026 200168 184755 215581
September 2026 200388 182554 218223
October 2026 200743 185085 216401
November 2026 200387 181951 218822
December 2026 199808 186021 213595
Homer Housing Market Forecast with Real Estate Prices for 2027
January 2027 198484 186575 210393
February 2027 197788 182559 213018
March 2027 197478 185432 209524
April 2027 197010 177900 216120
May 2027 196252 184673 207830
June 2027 195353 178358 212349
July 2027 195746 181848 209643
August 2027 196933 180194 213673
September 2027 198755 184246 213264
October 2027 200198 181379 219017
November 2027 201503 182965 220041
December 2027 202877 187864 217890
Homer Housing Market Forecast with Real Estate Prices for 2028
January 2028 203890 187986 219793
February 2028 205299 189286 221312
March 2028 206484 191823 221144
April 2028 207997 193645 222349
May 2028 208346 193345 223347
June 2028 208999 196877 221121
July 2028 210817 194795 226839
August 2028 212767 202128 223405
September 2028 214735 196267 233202
October 2028 216636 199305 233967
November 2028 217358 200404 234312
December 2028 217669 196773 238565
Homer Housing Market Forecast with Real Estate Prices for 2029
January 2029 217824 201705 233943
February 2029 219039 206773 231305
March 2029 220024 200662 239386
April 2029 220546 201579 239513
May 2029 222586 208118 237054
June 2029 223068 207453 238683
July 2029 223319 203444 243195
August 2029 223013 211862 234163
September 2029 222065 202523 241606
October 2029 222123 201910 242336
November 2029 223328 203675 242981
December 2029 224668 206694 242641
Homer Housing Market Forecast with Real Estate Prices for 2030
January 2030 226305 213179 239430
February 2030 228398 211953 244842
March 2030 230510 211378 249642
April 2030 232642 215659 249625
May 2030 234523 219748 249298
June 2030 236335 212938 259732
July 2030 237982 225131 250833
August 2030 239846 217540 262152
September 2030 242064 228751 255378
October 2030 244303 224026 264580
November 2030 246562 229550 263575
December 2030 248408 226300 270516
Homer Housing Market Forecast with Real Estate Prices for 2031
January 2031 248681 232019 265343
February 2031 249122 233925 264318
March 2031 248679 230277 267082
April 2031 247961 227380 268542
May 2031 246318 233509 259126
June 2031 245455 223364 267546
July 2031 245069 221788 268351
August 2031 244489 230064 258914
September 2031 243547 224307 262788
October 2031 242433 228614 256252
November 2031 242919 229559 256280
December 2031 244394 228019 260768
Homer Housing Market Forecast with Real Estate Prices for 2032
January 2032 246654 232101 261206
February 2032 248445 233290 263600
March 2032 250065 229309 270820
April 2032 251770 227852 275688
May 2032 253026 231519 274533
June 2032 254775 235667 273884
July 2032 256245 231646 280845

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.