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| Homestead Florida Median Home Price Stats - updated 07/05/09 |
Average Listing Price
$200,185 + - Up $1,697 - / + 0.9% w-o-w
Week ending June 24
Median Sale Price
$94,250 - Down $105,750 - / -52.9% y-o-y
The median sales price for homes in Homestead FL was $136,000 down $94,000 or 40.9%. There are 2366
Pre-Foreclosures and 1136 Bank Owned Properties in the Homestead market place as per RealtyTrac.com.
Order a property appraisal in Homestead - HERE
$200,185 + - Up $1,697 - / + 0.9% w-o-w
Week ending June 24
Median Sale Price
$94,250 - Down $105,750 - / -52.9% y-o-y
The median sales price for homes in Homestead FL was $136,000 down $94,000 or 40.9%. There are 2366
Pre-Foreclosures and 1136 Bank Owned Properties in the Homestead market place as per RealtyTrac.com.
Order a property appraisal in Homestead - HERE
| Toll Free: 866-775-3395 Palm Beach: 561-674-0498 Cell Line: 954-415-1630 Fax Line: 561-892-0913 |
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| Homestead Florida Market History |
Homestead is a city in Miami-Dade County, Florida, United States nestled between Biscayne National Park to the
east and Everglades National Park to the west. Homestead was incorporated in 1913 and is the second oldest city
in Miami-Dade County next to the City of Miami. It is located approximately 35 miles southwest of the city of Miami,
and 25 miles northeast of Key Largo. The name originates from when the Florida East Coast Railway extension to
Key West was being built. The rail line was passing through an area recently opened up for homesteading, and as
the construction camp at the end of the line did not have a particular name, construction materials and supplies for
the workers were consigned to "Homestead Country", shortened to "Homestead" by the engineers who mapped the
area.
Homestead bore the brunt of Hurricane Andrew, a Category 5 hurricane, which hit South Florida on August 24, 1992.
The city of Homestead was put on the map due to the sheer devastation wrought by Hurricane Andrew. Since 2002,
the city has experienced a building and housing boom due to the scarcity of developable land elsewhere in
Miami-Dade County.
east and Everglades National Park to the west. Homestead was incorporated in 1913 and is the second oldest city
in Miami-Dade County next to the City of Miami. It is located approximately 35 miles southwest of the city of Miami,
and 25 miles northeast of Key Largo. The name originates from when the Florida East Coast Railway extension to
Key West was being built. The rail line was passing through an area recently opened up for homesteading, and as
the construction camp at the end of the line did not have a particular name, construction materials and supplies for
the workers were consigned to "Homestead Country", shortened to "Homestead" by the engineers who mapped the
area.
Homestead bore the brunt of Hurricane Andrew, a Category 5 hurricane, which hit South Florida on August 24, 1992.
The city of Homestead was put on the map due to the sheer devastation wrought by Hurricane Andrew. Since 2002,
the city has experienced a building and housing boom due to the scarcity of developable land elsewhere in
Miami-Dade County.