Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $145,000
    0% ( $0 ) vs Dec 2013
  • Median Sales Price
    $123,000
    3% ( $3,000 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $114,400
    1% ( $600 ) vs Dec 2013
  • Foreclosures 2,513
    Homes for Sale 326
    Recently Sold 1,894

Market Summary

There are currently 2,513 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 326.

In January, the number of properties that received a foreclosure filing in Homestead, FL was 20% higher than the previous month and 35% lower than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $123,000. The median sales price of a foreclosure home was $114,400, or 7% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$114,400 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $109,600 (Median Foreclosure Sales Price) $109,600 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $123,000 (Median Sales Price) $120,000 (Median Sales Price) $120,000 (Median Sales Price) $120,000 (Median Sales Price) $125,000 (Median Sales Price) $120,800 (Median Sales Price) $114,400 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $109,600 (Median Foreclosure Sales Price) $109,600 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $123,000 (Median Sales Price) $120,000 (Median Sales Price) $120,000 (Median Sales Price) $120,000 (Median Sales Price) $125,000 (Median Sales Price) $120,800 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
747
76.9
% (y-o-y)
$232,000
3.3
% (y-o-y)
38.9%
43.0
% (y-o-y)
Fort Lauderdale
334
83.8
% (y-o-y)
$169,900
6.2
% (y-o-y)
22.1%
30.0
% (y-o-y)
Pompano Beach
185
82.0
% (y-o-y)
$148,500
3.5
% (y-o-y)
17.2%
26.9
% (y-o-y)
Hollywood
183
82.0
% (y-o-y)
$190,000
6.4
% (y-o-y)
19.9%
21.6
% (y-o-y)
Hialeah
130
66.8
% (y-o-y)
$160,000
6.7
% (y-o-y)
9.1%
17.5
% (y-o-y)
Boca Raton
91
83.8
% (y-o-y)
$254,530
10.7
% (y-o-y)
21.1%
11.3
% (y-o-y)
Opa Locka
53
69.0
% (y-o-y)
$115,050
1.7
% (y-o-y)
18.8%
31.1
% (y-o-y)
Miami Beach
48
90.3
% (y-o-y)
$385,000
16.7
% (y-o-y)
37.7%
40.9
% (y-o-y)
North Miami Beach
27
85.4
% (y-o-y)
$321,750
17.0
% (y-o-y)
30.8%
31.3
% (y-o-y)
Hallandale
16
90.2
% (y-o-y)
$170,000
4.1
% (y-o-y)
31.2%
29.5
% (y-o-y)

Local Info For Homestead

Population:
55,090
Cost of Living Index: 118.68
Crime Index: 144.44     Rating: C+ View crime details
Schools: 39    Average School Rating: C- View individual school rating
Household Median Income: $37,901
Unemployment: 5.90%
Percentage of vacant homes: 18.24%