I don't understand. If you're worried about feeling like "owing him something" why is nixing the tickets ok, but you're NOT nixing staying in his home the whole time?
If it was nothing really serious and you're sure you're just friends, this shouldn't be an issue. But it doesn't sound like you're sure, so you may be setting yourself up for an uncomfortable time.
Can you accept the tickets but say you don't want to abuse his hospitality, get a hotel room, and still spend time with him?
Either way, of course it would be nice to treat him to at least one meal.