The Homestead housing market is not very competitive. Homes in Homestead receive 2 offers on average and sell in around 94 days. The median sale price of a home in Homestead was $405K last month, down 2.4% since last year. The median sale price per square foot in Homestead is $240, down 3.4% since last year.
What is the housing market like in Homestead today?
In June 2025, Homestead home prices were down 2.4% compared to last year, selling for a median price of $405K. On average, homes in Homestead sell after 94 days on the market compared to 65 days last year. There were 85 homes sold in June this year, down from 104 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$405,000
-2.4% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Homestead, FL
$405,000
-2.4%
United States
To compare other locations to the Homestead and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Homestead's median sale price is 9% lower than the national average. Overall cost of living in Homestead is 21% higher than the national average. Learn which home features in Homestead add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Homestead housing market?
Homestead is not very competitive. Homes sell in 89 days.
0
100
28
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 89 days.
Hot homes
can sell for around list price and go pending in around 46 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Homestead
Explore recent offers and recently sold homes in Homestead
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Homestead housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Homestead.
Flood Factor - Moderate
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Homestead has a moderate risk of flooding. 9,803 properties in Homestead are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in Homestead. Flood risk is increasing faster than the national average.
26% of properties are at risk of wildfire over the next 30 years
Fire Factor
Homestead has a moderate risk of wildfire. There are 5,011 properties in Homestead that have some risk of being affected by wildfire over the next 30 years. This represents 26% of all properties in Homestead.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Homestead has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Homestead is most at risk from hurricanes. 18,688 properties in Homestead have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 201 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 216 mph.