Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $145,000
    0% ( $100 ) vs Nov 2013
  • Median Sales Price
    $120,000
    0% ( $0 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $115,000
    0% ( $0 ) vs Nov 2013
  • Foreclosures 2,677
    Homes for Sale 311
    Recently Sold 2,314

Market Summary

There are currently 2,677 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 311.

In December, the number of properties that received a foreclosure filing in Homestead, FL was 22% lower than the previous month and 24% lower than the same time last year.

Home sales for November 2014 were down 70% compared with the previous month, and down 61% 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 $115,000, or 4% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$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) $111,000 (Median Foreclosure 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) $119,000 (Median 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) $111,000 (Median Foreclosure 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) $119,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
1,675
38.6
% (y-o-y)
$235,000
0.0
% (y-o-y)
38.3%
44.7
% (y-o-y)
Fort Lauderdale
1,329
18.1
% (y-o-y)
$173,700
5.3
% (y-o-y)
21.4%
33.3
% (y-o-y)
Pompano Beach
800
1.0
% (y-o-y)
$156,000
10.6
% (y-o-y)
22.7%
26.3
% (y-o-y)
Hollywood
658
11.8
% (y-o-y)
$185,000
5.7
% (y-o-y)
13.5%
21.3
% (y-o-y)
Miami Beach
337
15.8
% (y-o-y)
$390,000
18.5
% (y-o-y)
34.6%
43.9
% (y-o-y)
Boca Raton
227
54.7
% (y-o-y)
$250,000
8.7
% (y-o-y)
21.3%
14.4
% (y-o-y)
North Miami Beach
203
10.9
% (y-o-y)
$305,000
15.1
% (y-o-y)
25.4%
26.4
% (y-o-y)
Hialeah
166
36.9
% (y-o-y)
$165,000
13.8
% (y-o-y)
13.3%
22.8
% (y-o-y)
Deerfield Beach
113
31.9
% (y-o-y)
$116,500
11.0
% (y-o-y)
Data not available
Hallandale
112
7.4
% (y-o-y)
$174,500
2.6
% (y-o-y)
19.6%
32.4
% (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%