Homestead, FL
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
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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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