Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $214,900
    1% ( $2,900 ) vs Jul 2015
  • Median Sales Price
    $170,000
    1% ( $2,500 ) vs Jul 2015
  • Median Foreclosure Sales Price
    $145,200
    7% ( $9,000 ) vs Jul 2015
  • Foreclosures 1,726
    Homes for Sale 476
    Recently Sold 1,682

Market Summary

There are currently 1,726 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 476.

In August, the number of properties that received a foreclosure filing in Homestead, FL was 8% lower than the previous month and 34% lower than the same time last year.

Home sales for July 2016 were down 2% compared with the previous month, and up 694% compared with a year ago. The median sales price of a non-distressed home was $170,000. The median sales price of a foreclosure home was $145,200, or 15% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$145,200 (Median Foreclosure Sales Price) $136,200 (Median Foreclosure Sales Price) $130,250 (Median Foreclosure Sales Price) $126,600 (Median Foreclosure Sales Price) $121,100 (Median Foreclosure Sales Price) $125,050 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $167,500 (Median Sales Price) $157,000 (Median Sales Price) $157,000 (Median Sales Price) $154,900 (Median Sales Price) $154,000 (Median Sales Price) $145,200 (Median Foreclosure Sales Price) $136,200 (Median Foreclosure Sales Price) $130,250 (Median Foreclosure Sales Price) $126,600 (Median Foreclosure Sales Price) $121,100 (Median Foreclosure Sales Price) $125,050 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $167,500 (Median Sales Price) $157,000 (Median Sales Price) $157,000 (Median Sales Price) $154,900 (Median Sales Price) $154,000 (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
1,027
21.5
% (y-o-y)
$250,000
0.0
% (y-o-y)
29.6%
37.6
% (y-o-y)
Fort Lauderdale
367
34.3
% (y-o-y)
$230,000
24.7
% (y-o-y)
32.3%
29.3
% (y-o-y)
Hollywood
253
23.8
% (y-o-y)
$235,000
16.0
% (y-o-y)
9.7%
21.0
% (y-o-y)
Pompano Beach
247
21.8
% (y-o-y)
$215,000
30.3
% (y-o-y)
29.2%
26.1
% (y-o-y)
Boca Raton
166
48.2
% (y-o-y)
$330,000
15.7
% (y-o-y)
22.4%
21.6
% (y-o-y)
Hialeah
114
22.4
% (y-o-y)
$220,000
22.2
% (y-o-y)
21.6%
24.4
% (y-o-y)
Miami Beach
98
55.6
% (y-o-y)
$420,000
3.2
% (y-o-y)
38.9%
45.5
% (y-o-y)
Opa Locka
56
16.4
% (y-o-y)
$152,000
23.8
% (y-o-y)
7.9%
11.2
% (y-o-y)
Deerfield Beach
32
13.5
% (y-o-y)
$162,500
38.9
% (y-o-y)
24.3%
26.5
% (y-o-y)
North Miami Beach
27
3.8
% (y-o-y)
$270,000
15.1
% (y-o-y)
23.0%
40.4
% (y-o-y)

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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