How much do homes in Homestead, FL cost?

Median List Price

$265,103

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$25,139(+10.5%)

Key Takeaway

The list price of homes in Homestead has increased by 10.5% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $111.4K$117.2K+5.2%
2 $140K$160K+14.3%
3 $233.8K$254.9K+9.1%
4 $299.9K$330K+10.0%
5+ $344.9K$393K+13.9%

Median List Price Compared To Nearby Cities

Florida City
+31.4%
Everglades
+19.7%
Princeton-Goulds
+11.8%
Homestead
+10.5%

How many homes are available in Homestead, FL?

Number of Homes For Sale

Apr 2021May 2021%
359338-5.8%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 43-25.0%
2 6564-1.5%
3 187173-7.5%
4 8580-5.9%
5+ 18180.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
160 Days88 Days-45.0%

Breakdown of Home Sale Times

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About Homestead, FL

There are 338 homes are for sale in Homestead, FL real estate market.

Listings spent 88 days on the market in May 2021, and had a median list price of $265,103 during the same period.

From April 2021 through May 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 5.2%, 2 bedrooms properties prices increased by 14.3%, 3 bedrooms properties prices increased by 9.1%, the cost of 4 bedrooms properties went up by 10%, the cost of 5 bedrooms properties went up by 13.9%.

The inventory of homes for sale in Homestead, FL between April 2021 and May 2021 decreased by 5.8%.

Housing inventory have changed in this real estate market: 1 bedroom homes inventory decreased by 25%, volume of 2 bedrooms homes went dowm by 1.5%, volume of 3 bedrooms homes went dowm by 7.5%, 4 bedrooms homes inventory decreased by 5.9%, 5 bedrooms homes did not move.

In May 2021 more than 22 listings in Homestead, FL were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 33 were sold below.

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