Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $142,000
    3% ( $3,500 ) vs Sep 2013
  • Median Sales Price
    $120,000
    4% ( $5,000 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $109,800
    0% ( $200 ) vs Sep 2013
  • Foreclosures 2,912
    Homes for Sale 212
    Recently Sold 3,040

Market Summary

There are currently 2,912 properties in Homestead, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 212.

In October, the number of properties that received a foreclosure filing in Homestead, FL was 29% higher than the previous month and 27% lower than the same time last year.

Home sales for September 2014 were up 41% compared with the previous month, and up 8% compared with a year ago. The median sales price of a non-distressed home was $120,000. The median sales price of a foreclosure home was $109,800, or 8% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$109,800 (Median Foreclosure Sales Price) $109,600 (Median Foreclosure Sales Price) $109,300 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $106,200 (Median Foreclosure Sales Price) $105,750 (Median Foreclosure Sales Price) $120,000 (Median Sales Price) $125,000 (Median Sales Price) $120,800 (Median Sales Price) $119,000 (Median Sales Price) $118,000 (Median Sales Price) $114,000 (Median Sales Price) $109,800 (Median Foreclosure Sales Price) $109,600 (Median Foreclosure Sales Price) $109,300 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $106,200 (Median Foreclosure Sales Price) $105,750 (Median Foreclosure Sales Price) $120,000 (Median Sales Price) $125,000 (Median Sales Price) $120,800 (Median Sales Price) $119,000 (Median Sales Price) $118,000 (Median Sales Price) $114,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,720
21.3
% (y-o-y)
$240,000
4.3
% (y-o-y)
37.0%
48.9
% (y-o-y)
Fort Lauderdale
1,648
19.8
% (y-o-y)
$181,500
6.8
% (y-o-y)
25.2%
37.1
% (y-o-y)
Pompano Beach
966
10.9
% (y-o-y)
$165,000
10.0
% (y-o-y)
23.8%
31.8
% (y-o-y)
Hollywood
802
22.8
% (y-o-y)
$189,900
9.8
% (y-o-y)
13.8%
21.9
% (y-o-y)
Boca Raton
561
14.4
% (y-o-y)
$260,000
8.3
% (y-o-y)
15.1%
27.1
% (y-o-y)
Miami Beach
403
27.8
% (y-o-y)
$400,000
19.4
% (y-o-y)
33.8%
44.8
% (y-o-y)
Hialeah
342
28.2
% (y-o-y)
$160,000
10.3
% (y-o-y)
15.6%
34.4
% (y-o-y)
North Miami Beach
158
20.2
% (y-o-y)
$310,000
17.0
% (y-o-y)
32.3%
41.1
% (y-o-y)
Deerfield Beach
147
15.5
% (y-o-y)
$128,500
5.4
% (y-o-y)
2.6%
3.5
% (y-o-y)
Opa Locka
126
25.4
% (y-o-y)
$110,000
14.6
% (y-o-y)
18.1%
16.8
% (y-o-y)

Local Info For Homestead

Population:
55,090
Cost of Living Index: 118.68
Crime Index: 202.83     Rating: C- View crime details
Schools: 39    Average School Rating: C- View individual school rating
Household Median Income: $37,901
Unemployment: 6.00%
Percentage of vacant homes: 18.24%