Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $205,500
    3% ( $5,500 ) vs Apr 2015
  • Median Sales Price
    $157,000
    1% ( $2,100 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $126,600
    5% ( $5,500 ) vs Apr 2015
  • Foreclosures 1,747
    Homes for Sale 473
    Recently Sold 1,670

Market Summary

There are currently 1,747 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 473.

In May, the number of properties that received a foreclosure filing in Homestead, FL was 25% higher than the previous month and 44% lower than the same time last year.

Home sales for April 2016 were down 16% compared with the previous month, and up 365% 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 $126,600, or 19% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$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) $115,000 (Median Foreclosure 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) $145,100 (Median 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) $115,000 (Median Foreclosure 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) $145,100 (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
2,583
108.1
% (y-o-y)
$253,000
8.1
% (y-o-y)
34.2%
33.0
% (y-o-y)
Fort Lauderdale
1,982
115.2
% (y-o-y)
$200,000
21.2
% (y-o-y)
29.0%
24.2
% (y-o-y)
Pompano Beach
1,055
99.8
% (y-o-y)
$170,000
9.7
% (y-o-y)
16.9%
21.3
% (y-o-y)
Hollywood
941
74.9
% (y-o-y)
$222,500
10.7
% (y-o-y)
14.6%
26.3
% (y-o-y)
Boca Raton
624
97.5
% (y-o-y)
$279,450
11.8
% (y-o-y)
23.2%
20.6
% (y-o-y)
Miami Beach
426
187.8
% (y-o-y)
$370,000
4.9
% (y-o-y)
34.1%
36.2
% (y-o-y)
Hialeah
333
134.5
% (y-o-y)
$190,000
10.9
% (y-o-y)
14.4%
25.2
% (y-o-y)
Deerfield Beach
205
133.0
% (y-o-y)
$122,000
10.9
% (y-o-y)
Data not available
Opa Locka
140
125.8
% (y-o-y)
$162,000
54.3
% (y-o-y)
22.8%
5.9
% (y-o-y)
North Miami Beach
118
174.4
% (y-o-y)
$335,950
22.2
% (y-o-y)
46.1%
2.5
% (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: 5.40%
Percentage of vacant homes: 18.24%

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