What are current home values in Homestead, FL?

The median home value in Homestead, FL is $436,925 as of July 2026. This represents a 0.1% decrease compared to last month and a 4.0% decrease year-over-year.

How have home values changed in Homestead, FL?

Home values in Homestead, FL have decreased by 0.1% month-over-month and 4.0% year-over-year.

How do home values in Homestead, FL compare to Miami-Dade County, Florida, and the national average?

The median home value in Homestead, FL ($436,925) compares to: Miami-Dade County ($523,890), Florida ($378,167), and the U.S. national median ($371,774).

Homestead, FL Housing Market

$436,925

3.9% 1-yr

The average Homestead, FL home value is $436,925, down 3.9% over the past year, and homes go to pending in around 58 days. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Homestead Key Takeaways

Typical Home Values: $436,925

1-Year Value Change: -3.9%

(Data through July 31, 2026)

Homestead Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 1,404 (July 31, 2026)

New Listings: 238 (July 31, 2026)

Median Sale to List Ratio: 0.994 (June 30, 2026)

Median Sale Price: $461,333 (June 30, 2026)

Median List Price: $436,267 (July 31, 2026)

Percent of Sales Over List Price: 18.8% (June 30, 2026)

Percent of Sales Under List Price: 52.8% (June 30, 2026)

Median Days to Pending: 58 (July 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Homestead

NameMedian ZHVI
Leisure City$457,189
Naranja$371,877
Princeton$462,391
Goulds$535,791
Richmond West$627,218
South Miami Heights$542,889
Country Walk$637,261
Cutler Creek$434,679
Benson Manor$561,367

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Homestead Homes for Sale

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Homestead Rental Market Trends

Average Rent: $2,454 (July 31, 2026)

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: 0.3% (July 31, 2026)

Year-Over-Year Change: -1.1% (July 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.