Real Estate Market Update for Homestead, FL
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 48% from one year earlier, and down 17% 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 170-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 8%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 150-thousand dollars. The number of units sold decreased 18% year-over-year, and decreased 17% 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: 62,940
  • Median Age: 28.54 yr
  • Median Commute Time: 23.87 mins
  • Educational Climate*: 3
  • Sales Tax: 6.905%
  • Population Density: 4,157/sq mi
  • Population Change Since 2000: 100.22%
  • Closest Airport: Miami International
  • Closest College: Universidad Flet
  • Closest Jr. College: Everest Institute-kendall Campus
  • Median Household Income: $38,128
  • Annual Residential Turnover: 22.47%
  • Median Years in Residence: 2.46 yr
  • Median Home Sales Price: $77,000
  • Closest Major Sports Team: Marlins
  • Change Avg. Household Income Since 2000: 45%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Homestead, FL
Median Age: 28.54 Married: 22% Number of Households: 19,938 Households with Children: 10,426
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 GreatSchools Rating Parent Rating
      Miami Community Charter Middle School 4.3 mi Public 6-8 1 4
      Miami Community Charter High School 4.3 mi Public 9-12 2 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 1 4
      First Assembly Christian Academy 4.7 mi Private PRESCHOOL-12 0 5
      Lawrence Academy Senior High Charter School 4.8 mi Public 9-12 2-5 3
      West Homestead Elementary School 5.0 mi Public PRESCHOOL-6 1 3
      Kingswood Montessori 5.0 mi Catholic PRESCHOOL-6 0 5
      Lawrence Academy 5.1 mi Public 6-12 1 3
      Florida City Elementary School 5.1 mi Public PRESCHOOL-5 2-5 3
      Barrington Academy 5.3 mi Private PRESCHOOL-12 0 0
      Laura C. Saunders Elementary School 5.5 mi Public PRESCHOOL-5 1 0
      Redondo Elementary School 5.8 mi Public PRESCHOOL-3 2-5 3
      Lincoln-marti Schools International Campus 6.0 mi Public K-5 4-5 3
      South Dade Middle School 6.1 mi Public 4-8 2 4
      The Thinking Child Academy 6.1 mi Private PRESCHOOL-8 0 0
      Homestead Middle School 6.1 mi Public 6-8 1 3
      Neva King Cooper Educational Center 6.1 mi Public PRESCHOOL-12 0 5
      Somerset Academy Charter High School (south Homestead) 6.2 mi Public K-5 0 0
      Sacred Heart Catholic School 6.2 mi Catholic PRESCHOOL-8 0 5
      Atala Montessori School For Creative Expression 6.2 mi Private PRESCHOOL-7 0 0
      First United Methodist Christian School 6.3 mi Private PRESCHOOL-8 0 5
      School For Advanced Studies Homestead 6.4 mi Public 11-12 5 4
      Homestead Senior High School 6.5 mi Public 9-12 2 2
      South Dade Technical College 6.5 mi Public UNGRADE-UNGRADE 0 0
      Faith Fellowship School 6.6 mi Private K-12 0 1
      St John's Episcopal School 6.7 mi Private PRESCHOOL-8 0 5
      Decroly Learning Childcare Center 6.7 mi Private PRESCHOOL-K 0 0
      Somerset Oaks Academy 6.7 mi Public PRESCHOOL-5 0 0
      Somerset Arts Academy 6.7 mi Public K-5 3 4
      Mavericks High Of South Miami Dade County 6.9 mi Public 9-12 0 2
      Christian Preparatory Academy Of South Dade 7.0 mi Private PRESCHOOL-9 0 0
      Hope Academy 7.2 mi Private K-12 0 0
      Medical Academy For Science And Technology (m.a.s.t.) @ Homestead 7.4 mi Public 9-12 4-5 3
      Colonial Christian School 7.5 mi Private PRESCHOOL-12 0 4
      Redland Christian Academy 7.6 mi Private PRESCHOOL-12 0 4
      Avocado Elementary School 7.7 mi Public PRESCHOOL-3 2-5 4
      Gateway Environmental K-8 Learning Center 7.8 mi Public PRESCHOOL-8 2-5 3
      Keys Gate Charter School 8.1 mi Public 3-6 2-5 4
      Campbell Drive K-8 Center 8.3 mi Public PRESCHOOL-8 2-5 4
      South Dade Senior High School 8.3 mi Public 9-12 1 3
      Keys Gate Charter High School 8.3 mi Public 9-12 1 4
      Lincoln-marti Community Agency 9.3 mi Private PRESCHOOL-12 0 4
      Lincoln Marti School 28 9.3 mi Private K-12 0 0
      Leisure City K-8 Center 9.5 mi Public PRESCHOOL-8 2 4
      Advantage Academy Of Math And Science At Waterstone 9.6 mi Public K-8 0 5
      Irving & Beatrice Peskoe K-8 Center 9.9 mi Public PRESCHOOL-8 2 4
      Aspira South Youth Leadership Charter School 10.2 mi Public 6-8 3 4
      The Charter School At Waterstone 10.3 mi Public K-5 3 4
      Redland Middle School 10.4 mi Public 6-8 1 3
      Redland Elementary School 10.4 mi Public PRESCHOOL-5 2-5 3
      Steve's Academy 10.7 mi Private PRESCHOOL-K 0 0
      Everglades Preparatory Academy High School 10.7 mi Public 9-10 0 0
      Everglades Preparatory Academy 10.7 mi Public 6-8 0 0
      Dr. William A. Chapman Elementary School 11.0 mi Public PRESCHOOL-5 2-5 3
      Miami Macarthur South 11.1 mi Public 6-12 0 0
      Air Base Elementary School 11.9 mi Public K-8 4-5 4
      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
      Princeton Christian School 12.3 mi Private PRESCHOOL-12 0 4
      Mandarin Lakes K-8 Academy 13.1 mi Public K-8 1 2
      Coconut Palm K-8 Academy 13.2 mi Public K-8 1 2
      Summerville Advantage Academy 14.0 mi Public PRESCHOOL-8 2 4
      Advantage Academy Of Math And Science At Summerville 14.0 mi Public K-5 0 0
      Somerset Academy (silver Palms) 14.4 mi Public K-8 4-5 4
      Somerset Academy Charter Middle School (south Homestead) 14.4 mi Public 6-8 4 5
      Somerset Academy Charter High School 14.4 mi Public 9-12 4 4
      Somerset Academy At Silver Palms 14.4 mi Public K-8 4-5 5
      Somerset Academy Charter High School (south Campus) 14.4 mi Public 9-12 4-5 0
      Goulds Elementary School 14.6 mi Public K-5 2-5 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 © 2015
      Local Weather for Homestead, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.