Homer is an odd little town with a heavy dose of resident artists. We found fun coffeeshops and lots of galleries, but overall it wasn't that appealing. It did have a "kick back" feel to it that might have been more fun halfway through our trip.
There's downtown Homer, and then there's the Homer Spit, which extends a few miles out into the bay, and is just a few hundred feet across. It was "lowered" in the 1964 earthquake and is barely above sea level. There's a long section of beach where people camp -- apparently there's a whole culture of "Spit Rats" who camp out on the beach all summer and create makeshift villages of tarps and tents. The camping area, which includes a number of RVs pulled right up on the beach, ends at a series of tiny buildings (hut-sized) that are connected by boardwalk and house touristy businesses -- art galleries and boat trip operators galore. Then there's a section of parking and then the ferry terminal and a marina. All interspersed with junk and empty spots. Because it's a long strip oriented to the road, it doesn't feel very walkable or pedestrian-friendly. It does, however, have an odd appeal just because it is a bizarre blend of junky and touristy. Exhibit A, here, is a collection of I'm-not-sure-what on the side of the road. There's the beached "castleboat," some random construction equipment (but no apparent construction project), some cars, some apparently abandoned boats...