Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $182,987
    3% ( $6,187 ) vs May 2014
  • Median Sales Price
    $136,250
    5% ( $6,250 ) vs May 2014
  • Median Foreclosure Sales Price
    $107,950
    0% ( $0 ) vs May 2014
  • Foreclosures 1,898
    Homes for Sale 432
    Recently Sold 775

Market Summary

There are currently 1,898 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 432.

In June, the number of properties that received a foreclosure filing in Homestead, FL was 8% lower than the previous month and 32% lower than the same time last year.

Home sales for May 2015 were up 158% compared with the previous month, and down 40% compared with a year ago. The median sales price of a non-distressed home was $136,250. The median sales price of a foreclosure home was $107,950, or 21% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$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) $114,900 (Median Foreclosure 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) $127,600 (Median 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) $114,900 (Median Foreclosure 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) $127,600 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,276
21.5
% (y-o-y)
$250,000
6.4
% (y-o-y)
37.2%
38.0
% (y-o-y)
Fort Lauderdale
1,357
37.0
% (y-o-y)
$181,500
6.8
% (y-o-y)
31.1%
32.3
% (y-o-y)
Pompano Beach
772
25.6
% (y-o-y)
$169,750
19.1
% (y-o-y)
29.3%
20.7
% (y-o-y)
Hollywood
728
24.8
% (y-o-y)
$210,000
17.3
% (y-o-y)
30.0%
16.2
% (y-o-y)
Boca Raton
464
35.6
% (y-o-y)
$269,000
1.5
% (y-o-y)
26.7%
17.0
% (y-o-y)
Miami Beach
348
40.5
% (y-o-y)
$375,000
1.5
% (y-o-y)
35.6%
45.9
% (y-o-y)
Hialeah
297
18.0
% (y-o-y)
$187,600
18.0
% (y-o-y)
29.1%
18.2
% (y-o-y)
Opa Locka
136
6.3
% (y-o-y)
$118,850
4.3
% (y-o-y)
10.9%
19.9
% (y-o-y)
Deerfield Beach
130
40.6
% (y-o-y)
$110,000
31.0
% (y-o-y)
29.3%
18.8
% (y-o-y)
North Miami Beach
120
40.9
% (y-o-y)
$300,000
6.4
% (y-o-y)
23.6%
33.0
% (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: 6.40%
Percentage of vacant homes: 18.24%