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Homestead

Why you'd want to live in Homestead

Homestead, located just south of Miami, is a quieter and more laid-back area with a unique blend of suburban and rural living. Its proximity to the Everglades and Biscayne National Park makes it an ideal location for nature enthusiasts who enjoy outdoor activities like hiking, kayaking, and birdwatching. The cost of living in Homestead is typically lower than in the more urban parts of Miami, which attracts families and individuals looking for more affordable housing. Additionally, Homestead is known for its agricultural heritage, with fresh produce and local markets contributing to its charm.

Homestead Market Report

$752,295

AVERAGE PRICE OF 1,708 HOMES

$409,455

AVERAGE PRICE OF 18 DISTRESSED HOMES

$3,469,427

AVERAGE PRICE OF 156 MULTI-MILLION DOLLAR HOMES

$606,954

AVERAGE PRICE OF 211 NEWLY BUILT HOMES

$948,820

AVERAGE PRICE OF 153 HOMES WITH A POOL

$561,003

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $752,295
Avg Bedrooms 2.99 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $290,886
2 bedrooms $289,739
3 bedrooms $463,378
4 bedrooms $643,638
5 bedrooms $836,459
Homestead Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 1,597 1,459 1,465 1,460 1,454
Average Price $767,164 $781,095 $789,184 $773,808 $770,641
Avg Price Change -1.82% -1.04% +1.99% +0.41% -2.54%
Median Price $485,125 $485,297 $487,919 $489,058 $486,015
Med Price Change -0.04% -0.54% -0.23% +0.63% +0.20%
Avg Bedrooms 2.98 beds 2.96 beds 2.96 beds 2.97 beds 2.97 beds
Avg Bathrooms 2.4 baths 2.37 baths 2.37 baths 2.37 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Homestead 183 $482,752 91 days
Total Homes Average Price Avg Days on Site
All Homes 1,708 $752,295 113 days
Distressed Homes 18 $409,455 120 days
Multi-Million Dollar Homes 156 $3,469,427 249 days
Newly Built Homes 211 $606,954 102 days
Homes with a Pool 153 $948,820 93 days
Reduced Price Homes 88 $561,003 79 days
My Realty Group LLC
PR-Biz Homes Group
7791 Northwest 46th Street
Doral, FL 33166
305-922-5281
786-768-4297

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare ©2025 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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