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

In October 2026, the median home sale price in Homestead (33031), FL was $934,650, with homes selling in an average of 104 days — slower than the 98-day average last year, suggesting buyers have more negotiating room. A total of 106 homes sold in this period, up from 84 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 $1,050,000 in October 2026, compared to $1,145,000 in October 2025.

Homestead (33031), FL Market Trend for Houses

Median List Price
The median list price of houses in Homestead (33031), FL, was $1,247,500 in October 2026, compared to $1,300,000 in October 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 $472,490 in October 2026, compared to $410,990 in October 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 October 2026, compared to $470,000 in October 2025.

Homestead (33031), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Homestead (33031), FL, was $1,250,000 in October 2026, compared to $1,075,000 in October 2025.

Homestead (33031), FL Housing Market Analysis

There are currently 97 homes listed for sale in Homestead (33031), FL, an increase of 86.54% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,563,946 (up 23.37% year-over-year), and the average price per square foot is $505 compared to $460 in 2025. Properties spend an average of 135 days on the market before going under contract.
97
for sale
10
for rent
106
sold
Median Price
$1.1M
Median SQFT Price
$505
SF Range
1,216 - 11,907 SF
Beds
3 - 8
Avg. Dom
135 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 6.71%
Local Unemployment 3.7%

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
$799,000
House
4 bds · 3 ba · 2,604 sqft
BELLA MARIE ESTATES ,CHIA PROJECTS LLC, Homestead
29188 SW 165th Avenue, Homestead FL 33031
New
For Sale
$620,000
House
3 bds · 2 ba · 1,216 sqft
UNIVERSAL ESTATES SOUTH, Homestead
16345 SW 280th St, Homestead FL 33031
New
For Sale
$814,990
House
4 bds · 3 ba
Wildwood Groves, Miami
27555 SW 159 AVE, Miami FL 33031
New
For Sale
$8,500,000
House
3 bds · 3 ba · 2,956 sqft
None, Homestead
18575 SW 280th St, Homestead FL 33031
New
For Sale
$2,725,000
Commercial
0 room(s)
Redland Estate, Homestead
27950 SW 182nd Ave, Homestead FL 33031
New
For Sale
$6,999,000
Commercial
0 room(s)
REDLAND ESTATE W/ GROTTO, Homestead
17201 SW 248th St, Homestead FL 33031
New
For Sale
$425,000
Lots/Land
1.50 acres
OUTBACK RANCHES, Homestead
23280 SW 209th Pl, Homestead FL 33031
New
For Sale
$450,000
Lots/Land
1.50 acres
OUTBACK RANCHES, Homestead
24200 SW 209th Pl, Homestead FL 33031

Market Trends nearby