The Southwest Homestead housing market is somewhat competitive. The median sale price of a home in Southwest Homestead was $319K last month, up 2.9% since last year. The median sale price per square foot in Southwest Homestead is $328, up 184.4% since last year.
What is the housing market like in Southwest Homestead today?
In March 2024, Southwest Homestead home prices were up 2.9% compared to last year, selling for a median price of $319K. On average, homes in Southwest Homestead sell after 41 days on the market compared to 96 days last year. There were 5 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)
$319,000
+2.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Homestead, FL
$319,000
+2.9%
United States
To compare other locations to the Southwest 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 Southwest Homestead housing market?
Southwest Homestead is somewhat competitive. Homes sell in 58 days.
0
100
46
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 9 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 29 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
95.5%
-3.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Homestead, FL
95.5%
-3.8 pt
United States
Home offer insights for Southwest Homestead
Explore recent offers and recently sold homes in Southwest Homestead
Recent offers
View houses in Southwest Homestead that sold recently
Learn about schools in the Southwest Homestead area
Elementary
Middle
High
GreatSchools Rating
3/10
West Homestead Elementary School
Public • PreK-8
826
Students
2 reviews
3/10
Laura C. Saunders Elementary School
Public • PreK-5
598
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 Southwest Homestead housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Homestead.
Risk Factor
Flood Factor - Moderate
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Homestead has a moderate risk of flooding. 58 properties in Southwest Homestead are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Southwest 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
Southwest Homestead has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Homestead is most at risk from hurricanes. 1,511 properties in Southwest 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 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 202 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Southwest Homestead has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Homestead have an Extreme Heat Factor®.
Southwest Homestead is expected to see a 328% increase in the number of days over 107ºF over the next 30 years. Southwest Homestead is expected to experience 4