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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 $882,000, with homes selling in an average of 92 days — faster than the 96-day average last year, indicating stronger demand. A total of 96 homes sold in this period, matching last year's pace.
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 $1,095,000 in August 2026, compared to $949,500 in August 2025.

Homestead (33031), FL Market Trend for Houses

Median List Price
The median list price of houses in Homestead (33031), FL, was $1,249,250 in August 2026, compared to $1,107,500 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 $740,000 in August 2026, compared to $1,349,500 in August 2025.

Homestead (33031), FL Housing Market Analysis

There are currently 95 homes listed for sale in Homestead (33031), FL, an increase of 115.91% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,547,895 (up 23.17% year-over-year), and the average price per square foot is $491 compared to $446 in 2025. Properties spend an average of 145 days on the market before going under contract.
95
for sale
16
for rent
98
sold
Median Price
$1.1M
Median SQFT Price
$485
SF Range
1,032 - 11,907 SF
Beds
3 - 8
Avg. Dom
148 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

For Sale
$18,500,000
House
3 bds · 3 ba · 2,956 sqft
Redland, Homestead
New
For Sale
$3,495,000
House
5 bds · 6 ba · 3,684 sqft
19 AC UP 60 AC OPTIONAL, Homestead
26500 SW 217th Ave, Homestead FL 33031
New
For Sale
$1,799,000
House
5 bds · 3 ba · 2,863 sqft
THE REDLANDS SEC 4, Homestead
17575 SW 280 TH ST, Homestead FL 33031
New
For Sale
$1,500,000
House
4 bds · 3 ba · 3,246 sqft
THE REDLANDS SEC 3, Homestead
27803 SW 172nd Pl, Homestead FL 33031
For Sale
$1,850,000
House
5 bds · 6 ba · 3,945 sqft
THE REDLANDS SEC 1, Homestead
27505 SW 172nd Ave, Homestead FL 33031
+$19K
For Sale
$969,000
House
3 bds · 3 ba · 1,904 sqft
SILVER PALM ACRES, Homestead
19501 SW 236th St, Homestead FL 33031
For Sale
$1,249,000
House
3 bds · 2 ba · 2,121 sqft
Redland, Homestead
24280 SW 182nd Ave, Homestead FL 33031
For Sale
$829,990
House
5 bds · 4 ba
Wildwood Groves, Miami
27370 SW 159 AVE, Miami FL 33031

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