Homestead, FL Home Values & Market Trends
Real estate market trends reflect that there have been 2,446 transactions over the past year in Homestead. The median value for residential home transactions that occurred over the previous year is $467,202.01. The number of current listings in Homestead is 267, and the percentage of properties for sale in the city is 267.00%. Homestead, FL currently has 694 properties in foreclosure, 1 bank owned properties, 27 properties headed for auction, and 267 properties for sale.
Homestead, FL Real Estate Market Overview
Housing Market Summary for Homestead, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $465K | $460.3K | -1.02% |
| Median Sold Price | $414.4K | $460.3K | 11.07% |
| Homes For Sale | 166 | 241 | 45.18% |
| Homes Sold | 1,307 | 1,124 | -14.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Homestead, FL
Browse Homes in Homestead, FL
Homestead home values range from $34,433 to $21,800,000. The median estimated value of a home in Homestead is $467,202.01. The median list price of a home is 475,000, and the total count of properties in the city is 47,845.
- Pre-ForeclosurePre-foreclosure homes account for 1.39% of all residential properties in Homestead, FL with 33033 containing 286 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within Homestead, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $849,900 in 33031 to the lowest home value of $154,800 in 33033.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Homestead, FL ranges from the highest value of $596,492 in 33033 to the lowest value of $596,492 in 33033. Bank owned homes and properties account for 0.00% of properties in Homestead, FL. There are 7 zips within Homestead, FL; 33033 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions33033 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Homestead, FL. Auction homes and other auction properties account for 0.06% of all properties in Homestead, FL. There are 7 zips within Homestead, FL; of those zips, the median estimated home value for homes going to auction ranges from $703,021 in 33034 to the lowest value of $313,271 in 33034.
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More Real Estate Resources for Homestead, FL
Guide for Homestead, FL
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