Real Estate Market Update for 33034 (Homestead, FL)

Video: Real Estate Community Tour for 33034 (Homestead, FL)

See Real estate community tour for 33034 (Homestead, FL)
Welcome to October's Market Update. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 26% from one year earlier, and down 2% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 140-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 37%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold decreased 86% year-over-year, and decreased 83% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 33034 (Homestead, FL)
Area Information for 33034 (Homestead, FL)
  • Population: 21,005
  • Median Age: 31.37 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 2
  • Sales Tax: 6%
  • Population Density: 75/sq mi
  • Population Change Since 2000: 37.99%
  • Closest Airport: Miami International
  • Closest College: Universidad Flet
  • Closest Jr. College: Everest Institute-kendall Campus
  • Median Household Income: $29,398
  • Annual Residential Turnover: 24%
  • Median Home Sales Price: $80,000
  • Closest Major Sports Team: Miami Marlins
  • Change Avg. Household Income Since 2000: 16.99%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33034 (Homestead, FL)
Median Age: 31.37 Married: 20% Number of Households: 6,192 Households with Children: 2,636
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33034 (Homestead, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Miami Community Charter High School 18.0 mi Public 9-12 1 2
      Miami Community Charter Middle School 18.0 mi Public 6-8 1 0
      Bethel Elementary School Of Seventh-day Adv 18.1 mi Private PRESCHOOL-8 0 0
      Miami Community Charter School 18.3 mi Public K-12 2 4
      First Assembly Christian Academy 18.5 mi Private PRESCHOOL-12 0 0
      Avant School Of Excellence Inc 18.7 mi Private - 0 0
      Kinderland4kids 3 18.8 mi Private - 0 0
      Lawrence Academy 18.8 mi Public 6-12 1 0
      Florida City Elementary School 18.9 mi Public PRESCHOOL-5 1 0
      Ace Academy South 19.0 mi Private - 0 0
      Barrington Academy 19.2 mi Private PRESCHOOL-12 0 0
      Discovery Montessori Academy 19.7 mi Private - 0 0
      Lincoln-marti Schools International Campus 19.9 mi Public K-5 2 0
      Homestead Senior High School 20.1 mi Public 9-12 1 3
      Principitos Learning Child Care Center 20.4 mi Private - 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 33034 (Homestead, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.