Real Estate Market Update for 33034 (Homestead, FL)
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Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 29% from one year earlier, and down 6% 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 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 80-thousand dollars. The number of units sold decreased 23% year-over-year, and decreased 29% 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.
Map Information for 33034 (Homestead, FL)
Area Information for 33034 (Homestead, FL)
  • Population: 19,315
  • Median Age: 28.98 yr
  • Median Commute Time: 25.82 mins
  • Educational Climate*: 2
  • Sales Tax: 7%
  • Population Density: 69/sq mi
  • Population Change Since 2000: 29.77%
  • Closest Airport: Miami International
  • Closest College: Universidad Flet
  • Closest Jr. College: Everest Institute-kendall Campus
  • Median Household Income: $28,588
  • Annual Residential Turnover: 20.39%
  • Median Years in Residence: 2.23 yr
  • Median Home Sales Price: $58,000
  • Closest Major Sports Team: Marlins
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33034 (Homestead, FL)
Median Age: 28.98 Married: 18% Number of Households: 5,709 Households with Children: 2,825
Community:
    • 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 GreatSchools Rating Parent Rating
      Miami Community Charter High School 18.1 mi Public 9-12 2 0
      Bethel Elementary School Of Seventh-day Adv 18.1 mi Private PRESCHOOL-8 0 0
      Miami Community Charter School 18.4 mi Public K-5 1 4
      Miami Community Charter Middle School 18.4 mi Public 6-8 1 4
      First Assembly Christian Academy 18.5 mi Private PRESCHOOL-12 0 5
      Lawrence Academy Senior High Charter School 18.6 mi Public 9-12 1 3
      Lawrence Academy Elementary Charter School 18.6 mi Public PRESCHOOL-5 0 0
      Aim High Christian Academy 18.8 mi Private PRESCHOOL-12 0 0
      Lawrence Academy 18.8 mi Public 6-12 1 3
      Florida City Elementary School 18.9 mi Public PRESCHOOL-5 2-5 3
      Barrington Academy 19.2 mi Private PRESCHOOL-12 0 0
      Laura C. Saunders Elementary School 19.4 mi Public PRESCHOOL-5 1 0
      Lincoln-marti Schools International Campus 19.9 mi Public K-5 3-5 3
      Homestead Senior High School 20.1 mi Public 9-12 2 2
      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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 33034 (Homestead, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.