Real Estate Market Update for Homestead, FL

Video: Real Estate Community Tour for Homestead, FL

See Real estate community tour for Homestead, FL
Welcome to November'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 20% from one year earlier, and down 8% 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 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 1%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 190-thousand dollars. The number of units sold decreased 26% year-over-year, and decreased 23% 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.
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Map Information for Homestead, FL
Area Information for Homestead, FL
  • Population: 66,419
  • Median Age: 31.53 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 2
  • Sales Tax: 7%
  • Population Density: 4,387/sq mi
  • Population Change Since 2000: 112.36%
  • Closest Airport: Miami International
  • Closest College: Universidad Flet
  • Closest Jr. College: Everest Institute-kendall Campus
  • Median Household Income: $41,242
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $120,000
  • Closest Major Sports Team: Miami Marlins
  • Change Avg. Household Income Since 2000: 55.74%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Homestead, FL
Median Age: 31.53 Married: 30% Number of Households: 20,872 Households with Children: 9,431
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 Homestead, FL

      School Name Distance Type Grades School Rating Parent Rating
      Miami Community Charter High School 4.3 mi Public 9-12 1 2
      Miami Community Charter Middle School 4.3 mi Public 6-8 1 0
      Bethel Elementary School Of Seventh-day Adv 4.4 mi Private PRESCHOOL-8 0 0
      Miami Community Charter School 4.5 mi Public K-12 2 4
      Shepherd Of God Christian Academy 4.7 mi Private - 0 0
      Little Language Academy 4.8 mi Private - 0 0
      Ebenezer Christian School Inc. 4.9 mi Private -12 0 0
      Advance Achievers Academy 4.9 mi Private K-10 0 0
      Avant School Of Excellence Inc 4.9 mi Private - 0 0
      West Homestead Elementary School 5.0 mi Public PRESCHOOL-8 0 4
      Kinderland 4 Kids 5.0 mi Private - 0 0
      Kingswood Montessori 5.0 mi Private PRESCHOOL-6 0 0
      Lawrence Academy 5.1 mi Public 6-12 1 0
      Florida City Elementary School 5.1 mi Public PRESCHOOL-5 1 0
      Ace Academy South 5.3 mi Private - 0 0
      Laura C. Saunders Elementary School 5.5 mi Public PRESCHOOL-5 0 0
      Discovery Montessori Academy 5.8 mi Private - 0 0
      Redondo Elementary School 5.8 mi Public PRESCHOOL-3 0 0
      Miami Bridge South 6.0 mi Public 4-12 0 0
      Lincoln-marti Schools International Campus 6.0 mi Public K-5 2 0
      South Dade Middle School 6.1 mi Public 4-8 1 0
      The Thinking Child Academy 6.1 mi Private PRESCHOOL-8 0 0
      Homestead Middle School 6.1 mi Public 6-8 0 0
      Neva King Cooper Educational Center 6.1 mi Public PRESCHOOL-12 0 0
      Somerset Academy Charter Elementary School (south Homestead) 6.2 mi Public PRESCHOOL-5 3 0
      Somerset Academy Charter High School (south Homestead) 6.2 mi Public K-5 1 4
      Atala Montessori School For Creative Expression 6.2 mi Private PRESCHOOL-7 0 0
      Grace Christian Preparatory 6.2 mi Private - 0 0
      A Learning Day Care Center For Kids 6.2 mi Private - 0 0
      Tiny Tykes Learning Center 6.3 mi Private - 0 0
      First United Methodist Christian School 6.3 mi Private PRESCHOOL-8 0 0
      School For Advanced Studies Homestead 6.4 mi Public 11-12 0 3
      Somerset Academy Charter Middle School (south Homestead) 6.4 mi Public 6-8 2 0
      Just Kids Preschool And Academy Llc 6.5 mi Private - 0 0
      Medical Academy For Science And Technology (m.a.s.t.) @ Homestead 6.5 mi Public 9-12 5 4
      Homestead Senior High School 6.5 mi Public 9-12 1 3
      South Dade Technical College 6.5 mi Public UNGRADE-UNGRADE 0 0
      Knights Learning Center 6.5 mi Private - 0 0
      Faith Fellowship School 6.6 mi Private K-12 0 0
      Principitos Learning Child Care Center 6.7 mi Private - 0 0
      St John's Episcopal School 6.7 mi Private PRESCHOOL-8 0 0
      Somerset Oaks Academy 6.7 mi Public K-1 2 0
      Somerset Arts Academy 6.7 mi Public K-5 3 3
      Somerset Academy Charter Middle School (country Palms) 6.8 mi Public 6-8 0 0
      Mavericks High Of South Miami Dade County 6.9 mi Public 9-12 0 0
      Hope Academy 7.2 mi Private K-12 0 0
      Decroly Learning Childcare Center 7.2 mi Private PRESCHOOL-K 0 0
      Colonial Christian School 7.5 mi Private PRESCHOOL-12 0 0
      Redland Christian Academy 7.7 mi Private PRESCHOOL-12 0 0
      Avocado Elementary School 7.7 mi Public PRESCHOOL-3 0 0
      Gateway Environmental K-8 Learning Center 7.8 mi Public PRESCHOOL-8 1 0
      Brilliant Beginning Learning Center 8.0 mi Private - 0 0
      Center For International Education A Cambridge Associate School 8.1 mi Public 9-12 0 0
      Keys Gate Charter School 8.1 mi Public 3-6 2 0
      Keys Gate Charter High School 8.2 mi Public 9-12 1 3
      Campbell Drive K-8 Center 8.3 mi Public PRESCHOOL-8 1 0
      South Dade Senior High School 8.3 mi Public 9-12 1 3
      Creative Kids Academy Inc 8.4 mi Private - 0 0
      Su's Creative Corner Preschool #2 Inc 8.8 mi Private - 0 0
      Countryside Early Learning Center 9.2 mi Private - 0 0
      Lincoln-marti Community Agency 9.3 mi Private PRESCHOOL-12 0 0
      Leisure City K-8 Center 9.5 mi Public PRESCHOOL-8 2 0
      Mini Me Learning Center Iv Inc 9.6 mi Private - 0 0
      The Charter School At Waterstone 9.6 mi Public K-5 3 0
      Advantage Academy Of Math And Science At Waterstone 9.6 mi Public K-5 0 0
      Southpoint Academy 9.7 mi Private - 0 0
      Promised Land Therapy And Academy 9.9 mi Private - 0 0
      Irving & Beatrice Peskoe K-8 Center 9.9 mi Public PRESCHOOL-8 1 0
      Villa Preparatory Academy Head Start 10.2 mi Private - 0 0
      Aspira Leadership And College Preparatory Academy 10.2 mi Public 6-8 1 0
      Redland Middle School 10.4 mi Public 6-8 1 0
      Redland Elementary School 10.4 mi Public PRESCHOOL-5 1 0
      Steve's Academy 10.7 mi Private PRESCHOOL-K 0 0
      Everglades Preparatory Academy 10.7 mi Public K-8 2 0
      Everglades Preparatory Academy High School 10.7 mi Public 9-12 2 5
      Chapman Partnership (north) Head Start/early Head 10.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Dr. William A. Chapman Elementary School 11.0 mi Public PRESCHOOL-5 1 0
      Crystal Learning Center Head Start 11.1 mi Private - 0 0
      Miami Macarthur South 11.1 mi Public 6-12 0 0
      Kinderkids Learning Center & Preschool Ii 11.2 mi Private - 0 0
      Abf Learning Center 11.7 mi Private - 0 0
      Air Base K-8 Center For International Education 11.9 mi Public K-8 5 0
      Title I Migrant Education Program 12.0 mi Public PRESCHOOL-12 0 0
      Lovely Stars Child Care 12.1 mi Private PRESCHOOL-2 0 0
      Mandarin Lakes K-8 Academy 12.2 mi Public K-8 1 0
      Princeton Christian School 12.3 mi Private PRESCHOOL-12 0 0
      Play & Learn Child Care Center 12.8 mi Private - 0 0
      Coconut Palm K-8 Academy 13.3 mi Public K-8 1 0
      Advantage Academy Of Math And Science At Summerville 14.0 mi Public K-5 0 0
      Summerville Advantage Academy 14.0 mi Public 1-5 3 0
      Lovely Stars Academy Ii 14.2 mi Private - 0 0
      Kids Paradise 2 Inc 14.3 mi Private - 0 0
      Somerset Academy (silver Palms) 14.4 mi Public K-8 4 5
      Somerset Academy Charter High School 14.4 mi Public 9-12 4 2
      Somerset Academy Charter High School (south Campus) 14.4 mi Public 9-12 5 0
      Somerset Academy At Silver Palms 14.4 mi Public K-5 4 3
      Goulds Elementary School 14.6 mi Public K-5 1 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 SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 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.