Homestead, PA Home Values & Market Trends

Real estate market trends reflect that there have been 367 transactions over the past year in Homestead. The median value for residential home transactions that occurred over the previous year is $148,691.14. The number of current listings in Homestead is 26, and the percentage of properties for sale in the city is 29.89%. Homestead, PA currently has 61 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 26 properties for sale.

Housing Market Summary for Homestead, PA

Apr 2022April 2023Change
Median Listing Price$100K$123.5K23.50%
Median Sold Price$128.3K$123.5K-3.70%
Homes For Sale1738123.53%
Homes Sold164143-12.80%
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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%.

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Browse Homes in Homestead, PA

Homestead home values range from $20,000 to $812,500. The median estimated value of a home in Homestead is $148,691.14. The median list price of a home is 116,950, and the total count of properties in the city is 7,148.

Foreclosure
There is 1 zips within Homestead, PA; within this zips, the median estimated home value for homes in foreclosure ranges from $432,700 in 15120 to the lowest value of $33,889 in 15120. Foreclosure homes account for 0.00% of properties in Homestead, PA with 15120 containing 61 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.78% of all residential properties in Homestead, PA with 15120 containing 56 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Homestead, PA; of that zips, the estimated home value for pre-foreclosure homes ranges from $432,700 in 15120 to the lowest home value of $33,889 in 15120.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Homestead, PA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Homestead, PA. There is 1 zips within Homestead, PA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    15120 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Homestead, PA. Auction homes and other auction properties account for 0.07% of all properties in Homestead, PA. There is 1 zips within Homestead, PA; of that zips, the median estimated home value for homes going to auction ranges from $227,033 in 15120 to the lowest value of $109,500 in $15120.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Homestead, PA with 15120 containing 26 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Homestead, PA; homes for sale in that zips, have a range of median values from $257,061 in 15120 to the lowest value of $27,540 in 15120.
    Sold Homes
    The median value for recently sold homes ranges from $280,000 in 15120 to the lowest price of $21,000 in 15120. There is 1 zips within Homestead, PA. 15120 has 136 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.90% of properties in Homestead, PA.

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