Property prices in Homagama
This page summarises 152 public property listings in Homagama, Colombo district, collected from ikman.lk on 3 November 2026. Figures are asking prices, not sale prices. Each row shows the median (the middle ad), the middle half of ads (25th to 75th percentile) and the number of ads behind it.
| Measure | Median | Middle half of ads | Ads |
|---|---|---|---|
| Land, per perch | Rs 880,000 | Rs 600,000 to Rs 1.05 million | 87 |
| Houses for sale, asking price | Rs 19.6 million | Rs 18.5 million to Rs 23.5 million | 54 |
| Houses, asking price per sq ft | Rs 14,583 | Rs 12,917 to Rs 16,800 | 54 |
Measures with fewer than 10 ads are left out of the table: Apartments for sale, asking price; Apartments, asking price per sq ft; Houses for rent, per month.
How Homagama compares
- Median land per perch: Rs 880,000, about 1.4 times the middle town figure island-wide (Rs 650,000). Rank 32 of 85 towns with enough listings, highest first.
- Median house asking prices: Rs 19.6 million, about 51% of the middle town figure island-wide (Rs 38.62 million). Rank 60 of 66 towns with enough listings, highest first.
The island reference is the median of town medians for towns with at least 30 listings, so it describes a typical town, not the national market.
What stands out in Homagama
- The sample is mostly land (87 of 151 usable ads), with very few houses for rent (4), so that row should be read with extra care.
- Asking-price spread for land, per perch is about the same as a typical town: the middle half runs Rs 600,000 to Rs 1.05 million (a 1.8x gap between the quartiles, against 1.6x for the median town).
- Within Colombo district, the median land, per perch here is about 43% of the district figure (Rs 880,000 vs Rs 2.05 million), rank 20 of 20 priced towns in the district.
- On gross house yield (7.7%), Homagama ranks 1 of 38 towns where rent and sale samples are both thick enough to compute one.
How the Homagama numbers have moved
- House asking prices: the median is down about 18% compared with four weeks earlier - Rs 19.6 million against Rs 24 million on 6 October, on 54 ads now and 24 then.
- The mix of ads has shifted since 10 October: land now makes up 58% of the usable sample, against 83% four weeks earlier. When the mix moves, a median can move without any asking price changing.
This compares daily asking medians on changing samples of ads; it describes this site's sample, not a formal price index.
Read this before using the numbers
Sellers ask more than buyers pay, and listings expire or sell. Outliers are trimmed to the 5th to 95th percentile band and ads whose title names a different town are excluded. The method page explains every step. Nothing here is valuation or investment advice.
Run a price check for a specific property