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Text (352) 352-5665Homestead, FL · Market Data
Homestead, Florida real estate market data.
Real estate market data for Homestead, FL (Miami-Dade County) — Census median home value $346,500, county listing prices down about 2.7% over the past year.
Homestead, FL is in Miami-Dade County, Florida — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 80,725, with a median household income of $61,975. Census data puts Homestead's median home value at $346,500 (all owner-occupied homes); Miami-Dade County's current median listing price runs $592,450, down about 2.7% over the past year.
At a glance
Homestead market snapshot
Population
80,725
Median Household Income
$61,975
Median Home Value (city)
$346,500
Median Listing Price (Miami-Dade County)
$592,450
Median Gross Rent
$1,619/mo
Price Trend (YoY)
-2.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Homestead different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Homestead's median home value — across all owner-occupied homes, not just recent sales — at $346,500. Separately, Miami-Dade County's current median listing price (via Realtor.com data, 2026-06-01) runs $592,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Miami-Dade County's FHFA house price index shows a 2.79% annual change in 2025.
Population & Income
Homestead has an estimated population of 80,725 and a median household income of $61,975, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Homestead's Census-reported median home value works out to about 5.6x the area's median household income, and median gross rent runs roughly 31% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Homestead FAQ
What are home values like in Homestead, FL?
The Census Bureau's American Community Survey puts Homestead's median home value at $346,500. Miami-Dade County's current median listing price runs $592,450, down about 2.7% over the past year.
What is the population of Homestead, FL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Homestead's population at approximately 80,725.
What's the median rent in Homestead, FL?
The Census ACS estimates median gross rent in Homestead at approximately $1,619 per month.
What is the median household income in Homestead, FL?
Census ACS data puts the median household income in Homestead at approximately $61,975.
Is the Homestead housing market growing?
Miami-Dade County's FHFA house price index shows a 2.79% annual change in 2025.
Is Homestead, FL affordable relative to income?
Census ACS data puts Homestead's median home value at about 5.6 times the median household income, with median gross rent equal to roughly 31% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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