City:

Homer, GA

Homer is a city in the state of georgia with a population of roughly 3,057. It is in Banks, Georgia Its Zip codes include 30547 .

The Rise and Fall of Homer's Home Prices

Homer is a small town located in the northwest corner of Georgia. The population was just over 2,000 in 2010. Homer is known for its rolling hills and picturesque countryside. It is also home to one of the largest collections of antebellum homes in the state.

Real estate in Homer is dominated by single-family homes and modest ranch-style dwellings. There are a few commercial properties, but most of the town's economic activity revolves around agriculture and tourism.

The median price for a single-family home in Homer was $137,500 in January 2016, according to Zillow data. This represents an increase of 9% from January 2015 and indicates that housing values continue to appreciate in Homer despite a nationwide slowdown in sales during the latter half of 2015 and early 2016. The average list price for a home sold during this period was $158,700, indicating that buyers were willing to pay more than average for properties located within the town limits.

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