The Homestead housing market is somewhat competitive. The median sale price of a home in Homestead was $543K last month, up 33.6% since last year. The median sale price per square foot in Homestead is $327, up 4.5% since last year.
What is the housing market like in Homestead today?
In March 2024, Homestead home prices were up 33.6% compared to last year, selling for a median price of $543K. On average, homes in Homestead sell after 107 days on the market compared to 64 days last year. There were 4 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$542,500
+33.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Homestead, OR
$542,500
+33.6%
United States
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How hot is the Homestead housing market?
Homestead is somewhat competitive. Homes sell in 27 days.
0
100
58
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 27 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.
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.
Risk Factor
Flood Factor - Moderate
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Homestead has a moderate risk of flooding. 23 properties in Homestead are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Homestead. Flood risk is increasing slower than the national average.
93% of properties are at risk of wildfire over the next 30 years
Fire Factor
Homestead has a moderate risk of wildfire. There are 664 properties in Homestead that have some risk of being affected by wildfire over the next 30 years. This represents 93% of all properties in Homestead.