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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 $949,000, with homes selling in an average of 96 days — unchanged from last year. A total of 97 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 101 homes listed for sale in Homestead (33031), FL, an increase of 129.55% 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 $1,535,876 (up 18.13% year-over-year), and the average price per square foot is $477 compared to $460 in 2025. Properties spend an average of 145 days on the market before going under contract.
101
for sale
14
for rent
97
sold
Median Price
$999K
Median SQFT Price
$477
SF Range
1,032 - 11,907 SF
Beds
2 - 8
Avg. Dom
145 days
Year Built
1940 - 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

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
$745,990
House
4 bds · 3 ba
Wildwood Groves, Miami
27437 SW 159 AVE, 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
New
For Sale
$1,400,000
House
6 bds · 4 ba · 3,682 sqft
REDLAND, Homestead
20835 SW 236th St, Homestead FL 33031
New
For Sale
$649,000
Lots/Land
2.50 acres
OUTSIDE URBAN DEVELOPMENT, Homestead
22135 SW 260th St, Homestead FL 33031
New
For Sale
$1,350,000
House
5 bds · 3 ba · 3,095 sqft
SILVER PALM CITY, Homestead
15720 SW 252nd St, Homestead FL 33031

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