Homestead Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $151,800
    1% ( $1,855 ) vs Mar 2014
  • Median Sales Price
    $125,000
    3% ( $4,100 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $109,400
    2% ( $1,800 ) vs Mar 2014
  • Foreclosures 2,084
    Homes for Sale 425
    Recently Sold 1,323

Market Summary

There are currently 2,084 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 425.

In April, the number of properties that received a foreclosure filing in Homestead, FL was 43% higher than the previous month and 20% lower than the same time last year.

Home sales for March 2015 were down 74% compared with the previous month, and down 95% compared with a year ago. The median sales price of a non-distressed home was $125,000. The median sales price of a foreclosure home was $109,400, or 12% lower than non-distressed home sales.

Sales Prices - Homestead, FL




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$109,400 (Median Foreclosure Sales Price) $111,200 (Median Foreclosure Sales Price) $115,500 (Median Foreclosure Sales Price) $114,900 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $125,000 (Median Sales Price) $129,100 (Median Sales Price) $130,000 (Median Sales Price) $127,600 (Median Sales Price) $122,600 (Median Sales Price) $120,000 (Median Sales Price) $109,400 (Median Foreclosure Sales Price) $111,200 (Median Foreclosure Sales Price) $115,500 (Median Foreclosure Sales Price) $114,900 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $125,000 (Median Sales Price) $129,100 (Median Sales Price) $130,000 (Median Sales Price) $127,600 (Median Sales Price) $122,600 (Median Sales Price) $120,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
1,115
61.0
% (y-o-y)
$230,000
3.6
% (y-o-y)
30.4%
37.6
% (y-o-y)
Fort Lauderdale
944
49.0
% (y-o-y)
$165,000
3.1
% (y-o-y)
24.2%
28.1
% (y-o-y)
Hollywood
515
43.3
% (y-o-y)
$187,500
8.2
% (y-o-y)
20.7%
17.3
% (y-o-y)
Pompano Beach
495
50.0
% (y-o-y)
$150,000
8.7
% (y-o-y)
20.0%
19.2
% (y-o-y)
Hialeah
195
40.9
% (y-o-y)
$167,200
15.3
% (y-o-y)
16.7%
22.6
% (y-o-y)
Boca Raton
188
71.0
% (y-o-y)
$235,000
1.1
% (y-o-y)
19.7%
8.9
% (y-o-y)
Miami Beach
130
74.9
% (y-o-y)
$390,800
11.7
% (y-o-y)
33.0%
48.0
% (y-o-y)
Deerfield Beach
72
61.3
% (y-o-y)
$110,000
33.4
% (y-o-y)
Data not available
Opa Locka
64
48.0
% (y-o-y)
$112,000
1.8
% (y-o-y)
12.9%
15.9
% (y-o-y)
North Miami Beach
59
70.2
% (y-o-y)
$251,900
8.4
% (y-o-y)
7.8%
34.9
% (y-o-y)

Local Info For Homestead

Population:
55,090
Cost of Living Index: 118.68
Crime Index: 144.44     Rating: C+ View crime details
Schools: 39    Average School Rating: C- View individual school rating
Household Median Income: $37,901
Unemployment: 5.80%
Percentage of vacant homes: 18.24%