Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,900
    4% ( $4,900 ) vs Feb 2013
  • Median Sales Price
    $106,000
    1% ( $1,000 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $100,000
    1% ( $1,400 ) vs Feb 2013
  • Foreclosures 4,045
    Homes for Sale 349
    Recently Sold 2,980

Market Summary

There are currently 4,045 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 349.

In March, the number of properties that received a foreclosure filing in Homestead, FL was 12% higher than the previous month and 43% lower than the same time last year.

Home sales for February 2014 were down 26% compared with the previous month, and up 1% compared with a year ago. The median sales price of a non-distressed home was $106,000. The median sales price of a foreclosure home was $100,000, or 6% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$100,000 (Median Foreclosure Sales Price) $98,600 (Median Foreclosure Sales Price) $95,500 (Median Foreclosure Sales Price) $90,800 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $85,000 (Median Foreclosure Sales Price) $106,000 (Median Sales Price) $107,000 (Median Sales Price) $110,000 (Median Sales Price) $105,000 (Median Sales Price) $102,400 (Median Sales Price) $99,000 (Median Sales Price) $100,000 (Median Foreclosure Sales Price) $98,600 (Median Foreclosure Sales Price) $95,500 (Median Foreclosure Sales Price) $90,800 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $85,000 (Median Foreclosure Sales Price) $106,000 (Median Sales Price) $107,000 (Median Sales Price) $110,000 (Median Sales Price) $105,000 (Median Sales Price) $102,400 (Median Sales Price) $99,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,417
8.9
% (y-o-y)
$220,000
14.9
% (y-o-y)
37.1%
39.9
% (y-o-y)
Fort Lauderdale
1,626
6.9
% (y-o-y)
$160,000
23.1
% (y-o-y)
26.3%
23.8
% (y-o-y)
Pompano Beach
941
11.1
% (y-o-y)
$142,000
21.4
% (y-o-y)
22.5%
27.2
% (y-o-y)
Hollywood
851
3.9
% (y-o-y)
$175,000
26.8
% (y-o-y)
17.2%
13.0
% (y-o-y)
Boca Raton
445
16.2
% (y-o-y)
$230,000
15.0
% (y-o-y)
9.4%
27.7
% (y-o-y)
Miami Beach
413
7.8
% (y-o-y)
$350,000
20.7
% (y-o-y)
48.6%
45.2
% (y-o-y)
Hialeah
324
0.9
% (y-o-y)
$151,000
16.2
% (y-o-y)
24.3%
23.0
% (y-o-y)
North Miami Beach
159
21.7
% (y-o-y)
$290,000
11.5
% (y-o-y)
40.8%
40.8
% (y-o-y)
Deerfield Beach
143
7.5
% (y-o-y)
$89,000
2.3
% (y-o-y)
Data not available
Hallandale
121
25.3
% (y-o-y)
$177,000
18.0
% (y-o-y)
28.2%
26.7
% (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: 6.50%
Percentage of vacant homes: 18.24%