Homestead, FL

Buyer's market-17.8% YoY

Housing market overview · Updated weekly

$371,250median sale price

Homes sold

52

Last 12 weeks

Days on market

151

Average pace

Active listings

666

12.8 months supply

Sale-to-list

97.6%

Below asking

The Homestead housing market is currently classified as a buyer's market with a median sale price of $371,250. Prices have fallen 17.8% compared to last year, with homes spending an average of 151 days on market, indicating 12.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Homestead

There are currently 666 homes listed for sale in Homestead, Fl. The median listing price is $381K.

Active listings

666

Homes on market

Median list price

$381K

Avg. days on market

151

Days until sale

New this week

134

Newly listed

Price drops:22.8%of listings
Sale-to-list:97.6%

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Frequently asked questions

What is the average home price in Homestead?

The median home sale price in Homestead is $371,250, down 17.8% from last year.

How long do homes stay on market in Homestead?

Homes typically spend 151 days on market before going under contract.

Is Homestead a buyer's or seller's market?

With 12.8 months of supply, Homestead is currently a buyer's market.

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