The Northwest Homestead housing market is somewhat competitive. The median sale price of a home in Northwest Homestead was $520K last month, up 22.4% since last year. The median sale price per square foot in Northwest Homestead is $282, up 6.4% since last year.
What is the housing market like in Northwest Homestead today?
In March 2024, Northwest Homestead home prices were up 22.4% compared to last year, selling for a median price of $520K. On average, homes in Northwest Homestead sell after 42 days on the market compared to 76 days last year. There were 23 homes sold in March this year, down from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$520,000
+22.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Northwest Homestead, FL
$520,000
+22.4%
United States
To compare other locations to the Northwest Homestead and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. 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.
How hot is the Northwest Homestead housing market?
Northwest Homestead is somewhat competitive. Homes sell in 53 days.
0
100
56
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 53 days.
Hot homes
can sell for around list price and go pending in around 24 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.9%
+4.2 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Northwest Homestead, FL
100.9%
+4.2 pt
United States
Home offer insights for Northwest Homestead
Explore recent offers and recently sold homes in Northwest Homestead
Recent offers
View houses in Northwest Homestead that sold recently
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Redondo Elementary School
Public • PreK-3
600
Students
4 reviews
5/10
Avocado Elementary School
Public • PreK-3
544
Students
10 reviews
3/10
South Dade Middle School
Public • 4-8
1286
Students
10 reviews
NR
South Dade Educational Center
Public • K-9
-
Students
N/A
NR
Miami Bridge South
Public • 4-12
9
Students
N/A
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 Northwest Homestead housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northwest Homestead.
Risk Factor
Flood Factor - Moderate
98% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northwest Homestead has a moderate risk of flooding. 317 properties in Northwest Homestead are likely to be
severely affected
by flooding over the next 30 years. This represents 98% of all properties in Northwest Homestead. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Northwest Homestead has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northwest Homestead is most at risk from hurricanes. 3,102 properties in Northwest 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.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Northwest Homestead has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Northwest Homestead have an Extreme Heat Factor®.
Northwest Homestead is expected to see a 328% increase in the number of days over 107ºF over the next 30 years. Northwest Homestead is expected to experience 7