Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $209,900
    1% ( $3,000 ) vs May 2015
  • Median Sales Price
    $157,000
    0% ( $0 ) vs May 2015
  • Median Foreclosure Sales Price
    $130,250
    3% ( $3,650 ) vs May 2015
  • Foreclosures 1,755
    Homes for Sale 483
    Recently Sold 1,577

Market Summary

There are currently 1,755 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 483.

In June, the number of properties that received a foreclosure filing in Homestead, FL was 10% lower than the previous month and 44% lower than the same time last year.

Home sales for May 2016 were down 42% compared with the previous month, and up 3% compared with a year ago. The median sales price of a non-distressed home was $157,000. The median sales price of a foreclosure home was $130,250, or 17% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$130,250 (Median Foreclosure Sales Price) $126,600 (Median Foreclosure Sales Price) $121,100 (Median Foreclosure Sales Price) $125,050 (Median Foreclosure Sales Price) $124,500 (Median Foreclosure Sales Price) $122,100 (Median Foreclosure Sales Price) $157,000 (Median Sales Price) $157,000 (Median Sales Price) $154,900 (Median Sales Price) $154,000 (Median Sales Price) $147,000 (Median Sales Price) $145,900 (Median 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) $124,500 (Median Foreclosure Sales Price) $122,100 (Median Foreclosure Sales Price) $157,000 (Median Sales Price) $157,000 (Median Sales Price) $154,900 (Median Sales Price) $154,000 (Median Sales Price) $147,000 (Median Sales Price) $145,900 (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
1,558
32.1
% (y-o-y)
$253,000
1.2
% (y-o-y)
33.2%
36.8
% (y-o-y)
Fort Lauderdale
967
29.2
% (y-o-y)
$204,000
12.4
% (y-o-y)
30.3%
31.1
% (y-o-y)
Pompano Beach
524
32.1
% (y-o-y)
$184,000
8.4
% (y-o-y)
18.5%
29.3
% (y-o-y)
Hollywood
514
29.4
% (y-o-y)
$225,000
7.1
% (y-o-y)
11.1%
30.0
% (y-o-y)
Hialeah
206
31.3
% (y-o-y)
$199,100
5.7
% (y-o-y)
15.5%
28.3
% (y-o-y)
Boca Raton
184
60.3
% (y-o-y)
$285,000
5.9
% (y-o-y)
28.0%
26.7
% (y-o-y)
Miami Beach
178
49.0
% (y-o-y)
$350,000
6.7
% (y-o-y)
25.7%
35.6
% (y-o-y)
Deerfield Beach
93
28.5
% (y-o-y)
$122,782
11.6
% (y-o-y)
Data not available
Opa Locka
91
33.6
% (y-o-y)
$165,000
38.8
% (y-o-y)
19.0%
10.6
% (y-o-y)
North Miami Beach
64
46.7
% (y-o-y)
$292,250
4.2
% (y-o-y)
41.1%
24.9
% (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: 5.30%
Percentage of vacant homes: 18.24%

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