Market Overview
Home Prices in Homer City, PA
The median home value in Homer City, PA is $146,758 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Homer City are priced64% below average. Homer City is part of the Indiana, PA metro area.
Over the past five years, Homer City home values have risen by approximately28.6%, reflecting strong long-term appreciation in this market.
Price History
Homer City Home Price Trend
City Comparison
Homer City vs. National Median
At $146,758, homes in Homer City cost 64% below the national median of $410,000. This makes Homer City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Homer City?
20% Down Payment
$29,352
on $146,758
Monthly P&I
$765/mo
30-yr @ 6.8%
Total Monthly Est.
~$972/mo
incl. taxes & insurance
Income Needed
$38,880
gross annual (30% rule)
10% Down Option
$14,676
+ PMI applies
Loan Amount (20% dn)
$117,406
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Homer City, PA?
The median home value in Homer City is $146,758 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Homer City?
Over the past year, home values in Homer City have increased by 5.2%. Over five years, prices have risen approximately 28.6%.
How much do I need to earn to buy a home in Homer City?
To comfortably afford the median home price of $146,758 with a 20% down payment ($29,352) at today's rates (6.8%), you'd need a gross annual income of approximately $38,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Homer City compare to the national average home price?
The national median home value is approximately $410,000. At $146,758, homes in Homer City are 64% below the national average.
What metro area is Homer City part of?
Homer City is part of the Indiana, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.