The Southwest Homestead housing market is somewhat competitive. The median sale price of a home in Southwest Homestead was $443K last month, up 18.0% since last year. The median sale price per square foot in Southwest Homestead is $309, up 22.1% since last year.
What is the housing market like in Southwest Homestead today?
In October 2024, Southwest Homestead home prices were up 18.0% compared to last year, selling for a median price of $443K. On average, homes in Southwest Homestead sell after 43 days on the market compared to 58 days last year. There were 16 homes sold in October this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$442,500
+18.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Southwest Homestead, FL
$442,500
+18.0%
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.
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Work with the best agents in Southwest Homestead
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How hot is the Southwest Homestead housing market?
Southwest Homestead is somewhat competitive. Homes sell in 43.5 days.
0
100
44
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 44 days.
Hot homes
can sell for around list price and go pending in around 27 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.7%
+0.6 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Southwest Homestead, FL
96.7%
+0.6 pt
United States
View houses in Southwest Homestead that sold recently
Learn about schools in the Southwest Homestead area
Elementary
Middle
High
GreatSchools Rating
4/10
Laura C. Saunders Elementary School
Public • PreK-5
525
Students
N/A
3/10
West Homestead Elementary School
Public • PreK-8
854
Students
2 reviews
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.
Flood Factor - Minor
67% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Homestead has a minor risk of flooding. 57 properties in Southwest Homestead are likely to be
severely affected
by flooding over the next 30 years. This represents 67% of all properties in Southwest Homestead. Flood risk is increasing slower 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. 1,509 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