71040 Home Values & Market Trends
There are 58 homes currently listed for 71040. 71040 real estate market trends show that home prices range from $10,000 to $1,580,000, and the median sales price in the 71040 zip code is $244,896. The total number of properties sold within the past twelve months is 83. In 71040, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
71040 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Homer | $ 244,896 $ 95/sqft |
Housing Market Summary for 71040
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $198K | $217.4K | 9.82% |
| Median Sold Price | $128.3K | $50,907 | -60.32% |
| Homes For Sale | 49 | 55 | 12.24% |
| Homes Sold | 22 | 56 | 154.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 71040
Browse Homes in 71040
The median list price of a home in Homer, is $244,896. A total of 58 properties are for sale, and the percentage of properties for sale in the zip code is 58.00%. The total count of 71040 properties is 120.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 71040 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 71040; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 71040 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 71040. There is 1 cities within 71040; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionshomer has 1 auction properties, the highest number of properties going to auction in a single city in the state of 71040. Auction homes and other auction properties account for 0.83% of all properties in 71040. There is 1 cities within 71040; of that cities, the median estimated home value for homes going to auction ranges from $68,107 in homer to the lowest value of $68,107 in homer.
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More Real Estate Resources for 71040
Guide for 71040
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.