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Homestead, FL Real Estate & Property Data

Homestead Real Estate Market Trends

Last Updated: May 03, 2024

To gain insights into Homestead, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Homestead real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 2,787 residential properties have been sold in Homestead, FL over the past year, with a median home price of $515,000. Additionally, 41.5% of homes in Homestead are equity rich, while 0.53% of homes are seriously underwater. There have been 44 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Homestead, Florida, you can rely on ATTOM, your go-to source for Homestead property reports and real estate data.

Homestead Real Estate Market Trends

Get property data for any address in Homestead, FL or the country:

Total Residential Properties 53,064

Total Commercial Properties 2,498

Avg. Home Age (Single Family Home) 33 Years

Avg. Square Feet (Single Family Home) 1,819

Total 2024 Residential Sales (year-to-date) 555

% of Homes Seriously Underwater (Q2 2024) 0.53%

Total 2023 Residential Sales 2,622

% of Equity Rich Homes (Q2 2024) 41.5%

Effective 2023 Property Tax 0.96%

Total Foreclosure Filings (year-to-date) 115

Homestead, FL Real Estate Overview

Homestead, FL saw 2,787 residential properties being sold in the past year, with a median home value of $462,096. The city of Homestead has a total of 53,064 residential properties, spread across 1322 streets and 7 zip codes.

Median Sales Price i

$515,000

(Mar 2024)

+12%

year-over-year

y-o-y

March '24 Mar '24 $515,000
February '24 Feb '24 $490,000
January '24 Jan '24 $500,000
December '23 Dec '23 $490,500
November '23 Nov '23 $504,000
October '23 Oct '23 $490,900
September '23 Sep '23 $500,000
August '23 Aug '23 $505,000
July '23 Jul '23 $485,500
June '23 Jun '23 $505,000
May '23 May '23 $482,500
April '23 Apr '23 $452,500

Median Down Payment i

$29,000

(Mar 2024)

+18.4%

year-over-year

y-o-y

March '24 Mar '24 $29,000
February '24 Feb '24 $25,700
January '24 Jan '24 $25,000
December '23 Dec '23 $25,129
November '23 Nov '23 $31,314
October '23 Oct '23 $35,627
September '23 Sep '23 $28,125
August '23 Aug '23 $40,019
July '23 Jul '23 $26,250
June '23 Jun '23 $31,225
May '23 May '23 $48,306
April '23 Apr '23 $22,500

Number of Homes Sold i

242

(Mar 2024)

+3%

year-over-year

y-o-y

March '24 Mar '24 242
February '24 Feb '24 135
January '24 Jan '24 178
December '23 Dec '23 184
November '23 Nov '23 212
October '23 Oct '23 179
September '23 Sep '23 265
August '23 Aug '23 222
July '23 Jul '23 205
June '23 Jun '23 233
May '23 May '23 284
April '23 Apr '23 213

Number of Purchase Loans i

241

(Mar 2024)

+11.6%

year-over-year

y-o-y

March '24 Mar '24 241
February '24 Feb '24 131
January '24 Jan '24 159
December '23 Dec '23 213
November '23 Nov '23 176
October '23 Oct '23 145
September '23 Sep '23 231
August '23 Aug '23 191
July '23 Jul '23 162
June '23 Jun '23 208
May '23 May '23 227
April '23 Apr '23 179

Number of REFI Loans i

131

(Mar 2024)

+5.6%

year-over-year

y-o-y

March '24 Mar '24 131
February '24 Feb '24 118
January '24 Jan '24 126
December '23 Dec '23 109
November '23 Nov '23 166
October '23 Oct '23 120
September '23 Sep '23 151
August '23 Aug '23 141
July '23 Jul '23 127
June '23 Jun '23 128
May '23 May '23 119
April '23 Apr '23 183

Number of HELOC Loans i

44

(Mar 2024)

+18.9%

year-over-year

y-o-y

March '24 Mar '24 44
February '24 Feb '24 28
January '24 Jan '24 34
December '23 Dec '23 30
November '23 Nov '23 44
October '23 Oct '23 27
September '23 Sep '23 38
August '23 Aug '23 46
July '23 Jul '23 29
June '23 Jun '23 39
May '23 May '23 50
April '23 Apr '23 27

Homestead, FL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

33030
$462,096 $254.01/sqft
33031
$813,726 $347.76/sqft
33032
$502,258 $267.31/sqft
33033
$466,987 $267.61/sqft
33034
$359,664 $230.45/sqft
33035
$346,043 $174.14/sqft
33039

Homestead, FL Foreclosure Activity

There were a total of 44 Homestead, FL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

44

(Mar 2024)

+18.9%

year-over-year

y-o-y

March '24 Mar '24 44
February '24 Feb '24 41
January '24 Jan '24 30
December '23 Dec '23 36
November '23 Nov '23 31
October '23 Oct '23 49
September '23 Sep '23 41
August '23 Aug '23 52
July '23 Jul '23 28
June '23 Jun '23 46
May '23 May '23 29
April '23 Apr '23 51

Foreclosure Starts i

40

(Mar 2024)

+66.7%

year-over-year

y-o-y

March '24 Mar '24 40
February '24 Feb '24 35
January '24 Jan '24 27
December '23 Dec '23 22
November '23 Nov '23 26
October '23 Oct '23 41
September '23 Sep '23 31
August '23 Aug '23 40
July '23 Jul '23 22
June '23 Jun '23 34
May '23 May '23 18
April '23 Apr '23 42

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 2
April '23 Apr '23 1

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