New Build
20
$354,638
17895 SW 356th Ter
Homestead, FL 33034
3 bd3 ba1,545 sqft$230/ft²
House
View photos & details
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Sarah Mitchell
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Compass Real Estate · Homestead, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Homestead, FL(512) 555-0184TX License #0512847
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Homestead, FL Housing Market & Real Estate
Buyer's market-14.7% YoY
Housing market overview · Updated monthly ·
$400,000median sale price
How is the Homestead, FL housing market right now?
The median home sale price in Homestead, FL is $400,000, down 14.7% year-over-year. Homes sell in an average of 82 days with 643 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Homestead a buyer's or seller's market?
Buyer's market9.3 months of supply82 avg. days on market
Homestead, FL is currently a buyer's market, based on 9.3 months of supply and homes selling in about 82 days. How we determine this →
Homes sold
69
Last 12 weeks
Days on market
82
Average pace
Active listings
643
9.3 months supply
Sale-to-list
98.4%
Below asking
What does the Homestead housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $400,000 |
| Median list price | $392,500 |
| Year-over-year price change | -14.7% |
| Average days on market | 82 days |
| Active inventory | 643 listings |
| Months of supply | 9.3 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $226/sq ft |
| Homes sold (latest month) | 69 |
| New listings (latest month) | 118 |
| Listings with a price cut | 17.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Homestead by property type?
How the Homestead, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $540,000 | $252/sq ft | 39 | 98 days |
| Condo / Co-op | $206,500 | $211/sq ft | 4 | 39 days |
| Townhouse | $327,500 | $208/sq ft | 26 | 80 days |
Source: Redfin · Updated monthly
The Homestead housing market is currently classified as a buyer's market with a median sale price of $400,000. Prices have fallen 14.7% compared to last year, with homes spending an average of 82 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.
Homes for sale in Homestead
There are currently 643 homes listed for sale in Homestead, Florida. The median listing price is $393K. Featured listings range from $354,638 to $810,000.
New BuildPrice Drop −$1K
20
$391,646
2659 SE 27th St
Homestead, FL 33035
3 bd3 ba1,545 sqft$253/ft²
House
View photos & details
New Build
6
$402,724
13838 SW 261st Ter
Homestead, FL 33032
1,436 sqft$280/ft²
House
View photos & details
New Build
6
$402,724
13842 SW 261st Ter
Homestead, FL 33032
1,436 sqft$280/ft²
House
View photos & details
New Build
14
$419,390
15629 SW 280th St Unit 3
Homestead, FL 33032
3 bd3 ba1,333 sqft$315/ft²
Townhouse
View photos & details
New Listing
$535,000
4119 NE 21st Ct
Homestead, FL 33033
3 bd2 ba1,698 sqft$315/ft²
House
Gendry Lopez · Miami New Realty
View photos & details
New Listing
62
$575,000
26581 SW 122nd Ct
Homestead, FL 33032
3 bd2 ba1,604 sqft$358/ft²
House8,063 sqft lot
Mariela Deluca · South Florida Real Estate Grp
View photos & details
New Listing
$575,000
199 NE 9th St
Homestead, FL 33030
5 bd3 ba2,624 sqft$219/ft²
House13,000 sqft lot
Cary Quinn · MarketWise Realty Inc
View photos & details
New Build
$580,000
2553 SE 3rd St
Homestead, FL 33033
4 bd3 ba2,720 sqft$213/ft²
House7,841 sqft lot
Laurenne Salomon · Lifestyle International Realty
View photos & details
New Build
$589,000
1624 SE 7th Ct
Homestead, FL 33033
4 bd3 ba2,085 sqft$282/ft²
House
View photos & details
New BuildPrice Drop −$7K
14
$730,175
27402 SW 159th Ct
Homestead, FL 33031
4 bd3 ba2,403 sqft$304/ft²
House
View photos & details
New Listing
49
$810,000
29071 SW 171st Ave
Homestead, FL 33030
3 bd2 ba2,137 sqft$379/ft²
House15,868 sqft lot
Christian Ferreyra · EXP Realty LLC
View photos & details
Looking to buy in Homestead?
Get connected with a local real estate expert — free, no obligation.
Active listings
643
Homes on market
Median list price
$393K
Avg. days on market
82
Days until sale
New this week
118
Newly listed
Price drops:17.3%of listings
Sale-to-list:98.4%
Who lives in Homestead?
Population
80,725
Median income
$61,975/yr
Median age
32.3 years
Owner-occupied
45.0%
College grads
24.3%
Avg commute
37.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Homestead?
Zillow home value
$437,066
Zillow rent index
$2,444/mo
Price-to-rent ratio
14.9x
Price-to-income
7.1x
Source: Zillow Research
What is it like to live in Homestead?
Homestead is a community of approximately 81K residents with a median age of 32.3 years.The median household income is $61,975, which represents a working-class community with solid middle-income opportunities. 24.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 45.0%, showing a blend of owner and renter-occupied properties. The average commute time is 37.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Homestead offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Homestead?
44 schools tracked · 33,230 students
The largest public schools serving Homestead, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SOUTH DADE SENIOR HIGH SCHOOL
Grades 9-12 · 3,254 students
HOMESTEAD SENIOR HIGH SCHOOL
Grades 9-12 · 2,247 students
KEYS GATE CHARTER SCHOOL
Grades K-8 · 1,979 students
SOMERSET ACADEMY SILVER PALMS
Grades K-8 · 1,928 students
GATEWAY ENVIRONMENTAL K-8 LEARNING CENTER
Grades PK-8 · 1,315 students
SOUTH DADE MIDDLE SCHOOL
Grades 4-8 · 1,241 students
COCONUT PALM K-8 ACADEMY
Grades PK-8 · 1,137 students
AIR BASE K-8 CENTER FOR INTERNATIONAL EDUCATION
Grades PK-8 · 1,102 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Homestead, FL?
Want a head-to-head view? Compare Homestead side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Homestead?
Is Homestead a good real estate investment market?
For investors evaluating Homestead, the price-to-rent ratio of 14.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 14.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Homestead's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Homestead's median home price.
Frequently asked questions
What is the average home price in Homestead?
The median home sale price in Homestead is $400,000, down 14.7% from last year.
How long do homes stay on market in Homestead?
Homes typically spend 82 days on market before going under contract.
What is the median income in Homestead?
The median household income is $61,975 per year.
Is Homestead a buyer's or seller's market?
With 9.3 months of supply, Homestead is currently a buyer's market.
How many homes are for sale in Homestead?
There are currently 643 homes listed for sale in Homestead, FL.
What is the Zillow home value estimate for Homestead?
The Zillow Home Value Index (ZHVI) for Homestead is $437,066, representing the typical home value in the area.
What is the median condo price in Homestead?
The median condo/co-op sale price in Homestead, FL is $206,500, compared to $540,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Homestead?
The median single-family home price in Homestead, FL is $540,000 (about $252 per square foot).
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