Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,900
    0% ( $0 ) vs May 2013
  • Median Sales Price
    $118,000
    4% ( $4,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $106,200
    0% ( $450 ) vs May 2013
  • Foreclosures 3,286
    Homes for Sale 363
    Recently Sold 2,854

Market Summary

There are currently 3,286 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 363.

In June, the number of properties that received a foreclosure filing in Homestead, FL was 27% higher than the previous month and 30% lower than the same time last year.

Home sales for May 2014 were up 35% compared with the previous month, and up 33% compared with a year ago. The median sales price of a non-distressed home was $118,000. The median sales price of a foreclosure home was $106,200, or 10% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$106,200 (Median Foreclosure Sales Price) $105,750 (Median Foreclosure Sales Price) $100,500 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $98,600 (Median Foreclosure Sales Price) $95,750 (Median Foreclosure Sales Price) $118,000 (Median Sales Price) $114,000 (Median Sales Price) $108,000 (Median Sales Price) $106,000 (Median Sales Price) $107,000 (Median Sales Price) $110,000 (Median 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) $98,600 (Median Foreclosure Sales Price) $95,750 (Median Foreclosure Sales Price) $118,000 (Median Sales Price) $114,000 (Median Sales Price) $108,000 (Median Sales Price) $106,000 (Median Sales Price) $107,000 (Median Sales Price) $110,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,904
23.6
% (y-o-y)
$236,000
10.8
% (y-o-y)
38.3%
46.0
% (y-o-y)
Fort Lauderdale
2,155
2.5
% (y-o-y)
$170,000
13.3
% (y-o-y)
32.2%
33.3
% (y-o-y)
Pompano Beach
1,038
17.5
% (y-o-y)
$142,250
16.1
% (y-o-y)
20.6%
28.2
% (y-o-y)
Hollywood
967
6.8
% (y-o-y)
$179,000
13.3
% (y-o-y)
16.2%
20.9
% (y-o-y)
Boca Raton
722
8.7
% (y-o-y)
$265,000
23.3
% (y-o-y)
17.0%
22.4
% (y-o-y)
Miami Beach
587
10.4
% (y-o-y)
$370,000
5.7
% (y-o-y)
45.9%
54.9
% (y-o-y)
Hialeah
362
33.8
% (y-o-y)
$158,000
17.0
% (y-o-y)
17.7%
31.9
% (y-o-y)
Deerfield Beach
219
4.4
% (y-o-y)
$84,000
13.5
% (y-o-y)
Data not available
North Miami Beach
203
37.2
% (y-o-y)
$282,000
0.8
% (y-o-y)
33.0%
54.3
% (y-o-y)
Hallandale
140
24.7
% (y-o-y)
$170,000
7.6
% (y-o-y)
28.4%
30.4
% (y-o-y)

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: 5.70%
Percentage of vacant homes: 18.24%