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Advertise here →Homer, NY · Market Data
Homer, New York real estate market data.
Real estate market data for Homer, NY (Cortland County) — Census median home value $160,500, county listing prices down about 15.7% over the past year.
Homer, NY is in Cortland County, New York — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,110, with a median household income of $71,675. Census data puts Homer's median home value at $160,500 (all owner-occupied homes); Cortland County's current median listing price runs $226,225, down about 15.7% over the past year.
At a glance
Homer market snapshot
Population
3,110
Median Household Income
$71,675
Median Home Value (city)
$160,500
Median Listing Price (Cortland County)
$226,225
Median Gross Rent
$1,050/mo
Price Trend (YoY)
-15.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Homer different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Homer's median home value — across all owner-occupied homes, not just recent sales — at $160,500. Separately, Cortland County's current median listing price (via Realtor.com data, 2026-06-01) runs $226,225. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Cortland County's FHFA house price index shows a 9.95% annual change in 2025.
Population & Income
Homer has an estimated population of 3,110 and a median household income of $71,675, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Homer's Census-reported median home value works out to about 2.2x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Homer FAQ
What are home values like in Homer, NY?
The Census Bureau's American Community Survey puts Homer's median home value at $160,500. Cortland County's current median listing price runs $226,225, down about 15.7% over the past year.
What is the population of Homer, NY?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Homer's population at approximately 3,110.
What's the median rent in Homer, NY?
The Census ACS estimates median gross rent in Homer at approximately $1,050 per month.
What is the median household income in Homer, NY?
Census ACS data puts the median household income in Homer at approximately $71,675.
Is the Homer housing market growing?
Cortland County's FHFA house price index shows a 9.95% annual change in 2025.
Is Homer, NY affordable relative to income?
Census ACS data puts Homer's median home value at about 2.2 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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