Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $135,000
    4% ( $5,000 ) vs Jul 2013
  • Median Sales Price
    $120,800
    2% ( $1,800 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $109,300
    1% ( $700 ) vs Jul 2013
  • Foreclosures 3,067
    Homes for Sale 284
    Recently Sold 2,941

Market Summary

There are currently 3,067 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 284.

In August, the number of properties that received a foreclosure filing in Homestead, FL was 24% higher than the previous month and 32% lower than the same time last year.

Home sales for July 2014 were up 133% compared with the previous month, and up 47% compared with a year ago. The median sales price of a non-distressed home was $120,800. The median sales price of a foreclosure home was $109,300, or 10% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$109,300 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $106,200 (Median Foreclosure Sales Price) $105,750 (Median Foreclosure Sales Price) $100,500 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $120,800 (Median Sales Price) $119,000 (Median Sales Price) $118,000 (Median Sales Price) $114,000 (Median Sales Price) $108,000 (Median Sales Price) $106,000 (Median Sales Price) $109,300 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $106,200 (Median Foreclosure Sales Price) $105,750 (Median Foreclosure Sales Price) $100,500 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $120,800 (Median Sales Price) $119,000 (Median Sales Price) $118,000 (Median Sales Price) $114,000 (Median Sales Price) $108,000 (Median Sales Price) $106,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,721
36.4
% (y-o-y)
$240,000
4.8
% (y-o-y)
37.4%
51.5
% (y-o-y)
Fort Lauderdale
1,527
38.1
% (y-o-y)
$182,500
12.0
% (y-o-y)
30.1%
35.6
% (y-o-y)
Pompano Beach
775
42.7
% (y-o-y)
$160,000
9.8
% (y-o-y)
26.6%
31.1
% (y-o-y)
Hollywood
764
40.0
% (y-o-y)
$190,000
12.8
% (y-o-y)
18.4%
23.4
% (y-o-y)
Boca Raton
610
22.0
% (y-o-y)
$269,000
13.0
% (y-o-y)
24.8%
32.1
% (y-o-y)
Miami Beach
428
39.4
% (y-o-y)
$406,000
23.0
% (y-o-y)
42.4%
47.9
% (y-o-y)
Hialeah
355
39.0
% (y-o-y)
$160,000
14.3
% (y-o-y)
16.4%
32.1
% (y-o-y)
North Miami Beach
168
28.8
% (y-o-y)
$300,000
6.3
% (y-o-y)
38.3%
52.5
% (y-o-y)
Opa Locka
137
28.3
% (y-o-y)
$121,950
28.7
% (y-o-y)
26.7%
31.2
% (y-o-y)
Deerfield Beach
116
37.0
% (y-o-y)
$102,900
2.8
% (y-o-y)
Data not available

Local Info For Homestead

Population:
55,090
Cost of Living Index: 118.68
Crime Index: 202.83     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%