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Real Estate Market Trends and Analytics in Homestead (33031), FL

In August 2026, the median home sale price in Homestead (33031), FL was $949,500, with homes selling in an average of 98 days — slower than the 96-day average last year, suggesting buyers have more negotiating room. A total of 98 homes sold in this period, up from 94 last year — a sign of an active market.
View all properties for sale in Homestead (33031), FL

Homestead (33031), FL Market Trend

Median List Price
The median list price of Homestead (33031), FL, was $999,000 in August 2026, compared to $975,000 in August 2025.

Homestead (33031), FL Market Trend for Houses

Median List Price
The median list price of houses in Homestead (33031), FL, was $1,220,000 in August 2026, compared to $1,299,999 in August 2025.

Homestead (33031), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Homestead (33031), FL, was $405,415 in August 2026, compared to $410,990 in August 2025.

Homestead (33031), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Homestead (33031), FL, was $470,000 in August 2026, compared to $470,000 in August 2025.

Homestead (33031), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Homestead (33031), FL, was $862,500 in August 2026, compared to $1,349,500 in August 2025.

Homestead (33031), FL Housing Market Analysis

There are currently 103 homes listed for sale in Homestead (33031), FL, an increase of 134.09% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $1,552,749 (up 19.43% year-over-year), and the average price per square foot is $490 compared to $460 in 2025. Properties spend an average of 145 days on the market before going under contract.
103
for sale
14
for rent
98
sold
Median Price
$999K
Median SQFT Price
$490
SF Range
1,032 - 11,907 SF
Beds
2 - 8
Avg. Dom
145 days
Year Built
1937 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $442K
Median Monthly Mortgage $3K/mo
Median Rent $1K/mo
Homeownership Rate 90.0%
Cost Burden 27.3%

Foreclosure Risk Score

41/100 ELEVATED
30-Year Mortgage Rate 6.58%
Local Unemployment 3.9%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Homestead (33031), FL

For Sale
$1,995,000
House
3 bds · 3 ba · 2,405 sqft
The Redlands, Homestead
23550 SW 187th Ave, Homestead FL 33031
For Sale
$970,000
House
3 bds · 2 ba · 1,545 sqft
BONANZA RANCH ESTATES, Homestead
20890 SW 236th St, Homestead FL 33031
For Sale
$3,499,000
House
7 bds · 6 ba · 3,790 sqft
Redlands, Homestead
15720 SW 258th St, Homestead FL 33031
For Sale
$970,000
House
3 bds · 2 ba · 1,545 sqft
BONANZA RANCH ESTATES, HOMESTEAD
20890 SW 236TH STREET
New
For Sale
$790,000
House
4 bds · 2 ba · 2,135 sqft
THE REDLANDS SEC 2, Homestead
16880 SW 278th St, Homestead FL 33031
New
For Sale
$849,990
House
5 bds · 4 ba
Wildwood Groves, Miami
27307 SW 159 CT, Miami FL 33031
New
For Sale
$649,000
House
3 bds · 2 ba · 2,152 sqft
REDLANDS FOREST, Homestead
15905 SW 280th St, Homestead FL 33031
New
For Sale
$735,990
House
2 bds · 2 ba
Wildwood Groves, Miami
27440 SW 159 AVE, Miami FL 33031

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