Homer, AK

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Homer short-term rental market based on reliable data.

Listings

248 / 667

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$27,779

Middle-Earners Revenue

Occupancy

56%

Middle-Earners Occupancy

Home Value

$406,053

Median Home Sale Price

Top Earners

$61,308

Top-Earners Revenue

Homer

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Homer.

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A

Very Investor friendly

Homer Regulations

Seldovia has no specific STR ordinances, making STRs effectively permitted citywide without caps, strict zoning limits, or special fees. The main requirements are a simple municipal business license plus standard state lodging, sales, and business registrations—minimal compliance burden. While future changes could add risk, the current environment is highly investor-friendly.

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About Homer

Homer, Alaska, is a charming coastal city located on the southwest side of the Kenai Peninsula, approximately 225 miles southwest of Anchorage, the closest major city accessible by road. With a population of around 5,700 residents, Homer is renowned for its scenic beauty, arts community, and outdoor recreational opportunities.

One of the key highlights of Homer is the Homer Spit, a narrow 4.5-mile-long gravel bar extending into Kachemak Bay. The Spit is a hub for tourist activities, featuring shops, restaurants, and the famous Homer Harbor, known for its bustling marine activity. More information about Homer Spit can be found here.

Another significant attraction is the Alaska Maritime National Wildlife Refuge Visitor Center, also known as the Islands and Ocean Visitor Center, which provides exhibits and information about the natural environment and wildlife of the region. Details are available here.

For those interested in art and culture, the Pratt Museum offers exhibits on local history, natural history, and Native cultures, along with contemporary art. Additional details can be explored here.

Given its unique location and array of attractions, Homer offers a variety of short-term rental options that cater to tourists looking to explore the area. The city's well-developed infrastructure and proximity to key natural and cultural landmarks make short-term rentals an appealing choice for visitors seeking a base from which to enjoy all that Homer has to offer.

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