Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $184,900
    0% ( $0 ) vs Jun 2014
  • Median Sales Price
    $136,750
    0% ( $500 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $105,100
    3% ( $2,850 ) vs Jun 2014
  • Foreclosures 1,776
    Homes for Sale 471
    Recently Sold 564

Market Summary

There are currently 1,776 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 471.

In July, the number of properties that received a foreclosure filing in Homestead, FL was 19% higher than the previous month and 31% higher than the same time last year.

Home sales for June 2015 were down 29% compared with the previous month, and down 22% compared with a year ago. The median sales price of a non-distressed home was $136,750. The median sales price of a foreclosure home was $105,100, or 23% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$105,100 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $109,400 (Median Foreclosure Sales Price) $111,200 (Median Foreclosure Sales Price) $115,500 (Median Foreclosure Sales Price) $136,750 (Median Sales Price) $136,250 (Median Sales Price) $130,000 (Median Sales Price) $125,000 (Median Sales Price) $129,100 (Median Sales Price) $130,000 (Median Sales Price) $105,100 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $109,400 (Median Foreclosure Sales Price) $111,200 (Median Foreclosure Sales Price) $115,500 (Median Foreclosure Sales Price) $136,750 (Median Sales Price) $136,250 (Median Sales Price) $130,000 (Median Sales Price) $125,000 (Median Sales Price) $129,100 (Median Sales Price) $130,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
1,886
12.0
% (y-o-y)
$250,000
4.2
% (y-o-y)
37.9%
38.8
% (y-o-y)
Fort Lauderdale
1,163
27.9
% (y-o-y)
$184,000
5.1
% (y-o-y)
29.7%
30.9
% (y-o-y)
Hollywood
653
19.7
% (y-o-y)
$210,450
16.3
% (y-o-y)
26.6%
14.4
% (y-o-y)
Pompano Beach
596
29.7
% (y-o-y)
$172,100
14.7
% (y-o-y)
28.5%
24.7
% (y-o-y)
Boca Raton
374
21.1
% (y-o-y)
$285,000
5.6
% (y-o-y)
20.9%
19.3
% (y-o-y)
Miami Beach
344
0.3
% (y-o-y)
$410,000
7.9
% (y-o-y)
46.3%
43.9
% (y-o-y)
Hialeah
273
2.6
% (y-o-y)
$180,000
9.1
% (y-o-y)
24.7%
18.2
% (y-o-y)
Opa Locka
114
20.0
% (y-o-y)
$122,600
6.6
% (y-o-y)
11.2%
20.9
% (y-o-y)
North Miami Beach
102
14.3
% (y-o-y)
$300,000
0.0
% (y-o-y)
31.3%
33.3
% (y-o-y)
Deerfield Beach
67
51.8
% (y-o-y)
$122,000
39.9
% (y-o-y)
42.5%
21.6
% (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: 6.80%
Percentage of vacant homes: 18.24%