Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $187,000
    1% ( $2,100 ) vs Feb 2015
  • Median Sales Price
    $154,000
    5% ( $7,500 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $125,000
    1% ( $1,200 ) vs Feb 2015
  • Foreclosures 1,690
    Homes for Sale 481
    Recently Sold 2,006

Market Summary

There are currently 1,690 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 481.

In March, the number of properties that received a foreclosure filing in Homestead, FL was 3% higher than the previous month and 22% lower than the same time last year.

Home sales for February 2016 were up 36% compared with the previous month, and up 52% compared with a year ago. The median sales price of a non-distressed home was $154,000. The median sales price of a foreclosure home was $125,000, or 19% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$125,000 (Median Foreclosure Sales Price) $123,800 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $111,400 (Median Foreclosure Sales Price) $115,600 (Median Foreclosure Sales Price) $154,000 (Median Sales Price) $146,500 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median Sales Price) $117,800 (Median Sales Price) $115,600 (Median Sales Price) $125,000 (Median Foreclosure Sales Price) $123,800 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $111,400 (Median Foreclosure Sales Price) $115,600 (Median Foreclosure Sales Price) $154,000 (Median Sales Price) $146,500 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median Sales Price) $117,800 (Median Sales Price) $115,600 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,327
25.4
% (y-o-y)
$247,500
8.0
% (y-o-y)
33.3%
30.2
% (y-o-y)
Fort Lauderdale
1,660
27.9
% (y-o-y)
$195,000
11.4
% (y-o-y)
28.5%
25.7
% (y-o-y)
Pompano Beach
866
27.0
% (y-o-y)
$165,500
11.1
% (y-o-y)
19.3%
16.1
% (y-o-y)
Hollywood
791
27.0
% (y-o-y)
$210,000
10.5
% (y-o-y)
16.7%
20.2
% (y-o-y)
Boca Raton
481
43.2
% (y-o-y)
$275,000
12.7
% (y-o-y)
15.1%
8.4
% (y-o-y)
Miami Beach
414
41.8
% (y-o-y)
$391,900
3.1
% (y-o-y)
42.3%
31.5
% (y-o-y)
Hialeah
299
24.1
% (y-o-y)
$184,200
15.1
% (y-o-y)
18.0%
9.8
% (y-o-y)
Opa Locka
135
31.1
% (y-o-y)
$135,600
13.0
% (y-o-y)
15.9%
15.1
% (y-o-y)
North Miami Beach
125
28.9
% (y-o-y)
$635,000
145.4
% (y-o-y)
68.3%
13.0
% (y-o-y)
Deerfield Beach
122
28.4
% (y-o-y)
$141,500
17.4
% (y-o-y)
12.4%
5.8
% (y-o-y)

Local Info For Homestead

Population:
55,090
Cost of Living Index: 118.68
Crime Index: 164.10     Rating: C View crime details
Schools: 39    Average School Rating: C- View individual school rating
Household Median Income: $37,901
Unemployment: 5.80%
Percentage of vacant homes: 18.24%

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