Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,900
    3% ( $4,909 ) vs Nov 2014
  • Median Sales Price
    $140,000
    19% ( $22,200 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $115,000
    3% ( $3,600 ) vs Nov 2014
  • Foreclosures 1,746
    Homes for Sale 503
    Recently Sold 2,002

Market Summary

There are currently 1,746 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 503.

In December, the number of properties that received a foreclosure filing in Homestead, FL was 30% lower than the previous month and 38% lower than the same time last year.

Home sales for November 2015 were up 111% compared with the previous month, and down 22% compared with a year ago. The median sales price of a non-distressed home was $140,000. The median sales price of a foreclosure home was $115,000, or 18% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$115,000 (Median Foreclosure Sales Price) $111,400 (Median Foreclosure Sales Price) $115,600 (Median Foreclosure Sales Price) $114,850 (Median Foreclosure Sales Price) $110,100 (Median Foreclosure Sales Price) $105,100 (Median Foreclosure Sales Price) $140,000 (Median Sales Price) $117,800 (Median Sales Price) $115,600 (Median Sales Price) $135,500 (Median Sales Price) $135,000 (Median Sales Price) $136,750 (Median Sales Price) $115,000 (Median Foreclosure Sales Price) $111,400 (Median Foreclosure Sales Price) $115,600 (Median Foreclosure Sales Price) $114,850 (Median Foreclosure Sales Price) $110,100 (Median Foreclosure Sales Price) $105,100 (Median Foreclosure Sales Price) $140,000 (Median Sales Price) $117,800 (Median Sales Price) $115,600 (Median Sales Price) $135,500 (Median Sales Price) $135,000 (Median Sales Price) $136,750 (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
1,476
44.1
% (y-o-y)
$220,000
6.4
% (y-o-y)
29.0%
38.3
% (y-o-y)
Fort Lauderdale
880
42.7
% (y-o-y)
$172,800
0.2
% (y-o-y)
21.4%
19.9
% (y-o-y)
Pompano Beach
474
52.8
% (y-o-y)
$154,000
1.3
% (y-o-y)
15.6%
23.1
% (y-o-y)
Hollywood
454
41.0
% (y-o-y)
$182,500
1.4
% (y-o-y)
9.6%
13.5
% (y-o-y)
Hialeah
189
31.5
% (y-o-y)
$169,000
4.3
% (y-o-y)
11.2%
8.6
% (y-o-y)
Miami Beach
159
66.2
% (y-o-y)
$380,000
0.0
% (y-o-y)
33.4%
32.2
% (y-o-y)
Boca Raton
107
78.9
% (y-o-y)
$174,100
30.4
% (y-o-y)
Data not available
Opa Locka
75
40.5
% (y-o-y)
$125,100
15.3
% (y-o-y)
3.2%
16.9
% (y-o-y)
North Miami Beach
72
85.4
% (y-o-y)
$285,450
12.2
% (y-o-y)
46.2%
32.3
% (y-o-y)
Deerfield Beach
55
56.7
% (y-o-y)
$126,250
9.3
% (y-o-y)
Data not available

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: 6.00%
Percentage of vacant homes: 18.24%

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