The Homestead housing market is somewhat competitive. Homes in Homestead receive 1 offers on average and sell in around 59 days. The median sale price of a home in Homestead was $460K last month, up 15.0% since last year. The median sale price per square foot in Homestead is $265, up 11.3% since last year.
What is the housing market like in Homestead today?
In March 2024, Homestead home prices were up 15.0% compared to last year, selling for a median price of $460K. On average, homes in Homestead sell after 59 days on the market compared to 55 days last year. There were 123 homes sold in March this year, down from 152 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$460,000
+15.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Homestead, FL
$460,000
+15.0%
United States
To compare other locations to the Homestead and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Homestead's median sale price is 7% higher than the national average. Overall cost of living in Homestead is 17% higher than the national average. Learn which home features in Homestead add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Homestead housing market?
Homestead is somewhat competitive. Homes sell in 64 days.
0
100
46
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 29 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Homestead
Explore recent offers and recently sold homes in Homestead
Recent offers
View houses in Homestead that sold recently
Recently sold homes
SOLD MAY 3, 2024
3D WALKTHROUGH
$170,000 Last Sold Price
2 beds
1.5 baths
1,075 sq ft
14840 Naranja Lakes Blvd Unit C3M, Homestead, FL 33032
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Redondo Elementary School
Public • PreK-3
600
Students
4 reviews
6/10
Irving & Beatrice Peskoe K-8 Center
Public • PreK-8
900
Students
10 reviews
5/10
Campbell Drive K-8 Center
Public • PreK-8
1044
Students
9 reviews
5/10
Florida City Elementary School
Public • PreK-5
767
Students
5 reviews
5/10
Leisure City K-8 Center
Public • PreK-8
1067
Students
8 reviews
Only showing 5 of
12 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Homestead housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Homestead.
Risk Factor
Flood Factor - Major
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Homestead has a major risk of flooding. 10,752 properties in Homestead are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Homestead. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Homestead has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Homestead is most at risk from hurricanes. 18,697 properties in Homestead have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 201 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 216 mph.