Homestead Housing Market — Three months ending August 2026
The numbers a buyer or seller in Homestead should know this month, where they come from, and what they do and do not tell you.
Data as of August 2026
Redfin, Homestead housing market · Three months ending August 2026 · source
How to read the Homestead housing market numbers
A median is the middle sale, not the typical home. Half of the Homestead closings in this period sold for more and half for less, so a single large or small sale moves it less than an average would, but a shift in which homes sold (condos versus houses, or one subdivision) can move it without prices actually changing.
Price per square foot is the fairest way to compare a specific home to the market, as long as you compare the same type of property. A 1970s house on a large lot and a 2019 townhouse will never share a number.
Days on market counts from listing to pending. A low number means priced homes move; a high number usually means the first price was wrong, not that nobody wants the area.
Where the Homestead home price data comes from
The figures above are published by Redfin, Homestead housing market for Homestead and reflect closed sales through Three months ending August 2026. ClearPath republishes them with the date so you can judge how current they are. When ClearPath's MLS search is live, this page will refresh monthly from the MLS itself.
Homestead prices, month by month
| Month | Median sale price | Price per sq ft | Days on market |
|---|---|---|---|
| Three months ending August 2026 | $416,000 | $231 | 86 |
Monthly history begins once the MLS feed is live; until then this is the latest published snapshot. · Redfin, Homestead housing market
What this means if you are buying in Homestead
Use the price per square foot as your yardstick for a specific home of the same type, and the days-on-market figure to judge how much room there is to negotiate. Then check the address — flood zone, roof, association — before the price, because those set the monthly cost the median never shows.
What this means if you are selling in Homestead
The median is the market's frame, not your price. Price from the last six months of closed comparables for your property type, watch what the active competition is asking, and read the days-on-market figure as the penalty for getting the first price wrong.
“The present cash value of the property, which is the amount a willing purchaser would pay a willing seller, exclusive of reasonable fees and costs of purchase, in cash or the immediate equivalent thereof in a transaction at arm's length”
Neighborhood guides behind these numbers
- Brickell Condos for Sale
- Homes for Sale in Coconut Grove, Miami FL
- Coral Gables Homes for Sale
- Houses for Sale in Cutler Bay
- Homes for Sale in Doral, FL
- Houses for Sale in Hialeah
- Homes for Sale in Homestead, FL
- Kendall, Miami Homes for Sale
- Miami Gardens Homes for Sale
- Homes for Sale in Miami Lakes, FL
- Houses for Sale in Pinecrest, Miami FL
- Homes for Sale in Westchester, Miami FL
- Aventura Homes and Condos for Sale
- Coral Way Homes for Sale
- Fontainebleau Homes for Sale
- Hialeah Gardens Homes for Sale
- Key Biscayne Homes for Sale
- Little Havana Homes for Sale
- Miami Shores Homes for Sale
- Miami Springs Homes for Sale
- Miramar Homes and Condos for Sale
- North Miami Homes for Sale
- North Miami Beach Condos and Homes for Sale
- Homes for Sale in Palmetto Bay, FL
- Houses for Sale in Pembroke Pines
- Houses for Sale in South Miami
- Sunny Isles Beach Condos for Sale
- Sweetwater Homes for Sale
Homestead market questions
How is the housing market in Homestead right now?
The numbers on this page — median sale price, price per square foot and days on market, with their source and date — are the honest answer. Read the days-on-market figure first: it tells you whether correctly priced homes are moving, which matters more to a buyer or seller than the headline median.
Is the housing market going to crash?
Nobody can tell you that honestly, and we will not. What we can show is what closed in this area, at what price per square foot, and how fast — and whether those three are rising or falling month to month once the MLS feed refreshes this page. Decisions built on your timeline and a real net sheet survive any headline.
Are home prices dropping in Homestead?
Compare the median and the price per square foot on this page with the previous report, and weigh the mix: a month heavy in condos will show a lower median without any house losing value. Price per square foot for the same property type is the fairer signal.
What does days on market mean?
The count from the day a home is listed to the day it goes under contract. Low means priced homes move; high usually means first prices were wrong, not that nobody wants the area.
What is a home in Homestead worth?
Not the median. Medians describe the market; your home is priced from closed comparables adjusted for condition, flood zone, roof and association status. Send the address and we return a written range within one business day.
- Aventura $450,000
- Brickell $620,000
- Coconut Grove $1,870,000
- Coral Gables $1,400,000
- Coral Way $830,000
- Cutler Bay $595,000
- Doral $617,000
- Fontainebleau $320,000
- Hialeah $497,000
- Hialeah Gardens $460,000
- Kendall $590,000
- Key Biscayne $1,500,000
- Little Havana $537,000
- Miami Gardens $500,000
- Miami Lakes $680,000
- Miami Shores $1,200,000
- Miami Springs $794,000
- Miramar $550,000
- North Miami $487,000
- North Miami Beach $430,000
- Palmetto Bay $1,300,000
- Pembroke Pines $490,000
- Pinecrest $2,400,000
- South Miami $902,000
- Sunny Isles Beach $680,000
- Sweetwater $425,000
- Westchester $690,000
What is a home in Homestead actually worth?
County-wide numbers are context, not a price. Send the address and we reply with comparables within the day.