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Homestead, FL

Full City Profile · Florida · Miami-Dade County County

2.8 /5.0
C+ Fair
80,725 Population 5,353/sq mi density
$61,975 Median Income $24,245 per capita
$346,500 Home Value $436,039 Zillow
$1,619 Median Rent 36.8% income on rent
77°F Avg Temperature 340 sunny days/yr
953 Violent Crime/100K 3,166 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,975 median income, 2.5% unemployment
B+
Affordability
3.5 / 5.0
$346,500 home value, $1,619/mo rent
F
Safety
1.0 / 5.0
953 violent crimes/100K (151% above avg)
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher

Housing Overview

Median Home Value
$346,500
23% above
US avg: $281,900
Median Rent
$1,619/mo
39% above
US avg: $1,163/mo
Homeownership Rate
45.0%
31% below US avg (65.4%)
Total Housing Units
26,106
Median year built: 2001

Home Value by Source

Census Median
$346,500
Zillow (ZHVI)
$436,039
Median Sale Price
$371,250
Median List Price
$380,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

45.0%
Owner-Occupied
55.0%
Renter-Occupied
45%
55%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,619/mo · Zillow rent: $2,395/mo

Market Indicators (Redfin)

Median Days on Market
151 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
52
Price Drops
22.8%
of listings with price reduction
Price Per Sq Ft
$240
Active Inventory
666
homes for sale

Affordability & Housing Stock

Rent Burden
36.8%
of renters spending 30%+ of income on housing
19% above US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
45.0%

Complete Housing Data

Home Values

Census Median Value$346,500
Zillow Home Value (ZHVI)$436,039
Median Sale Price$371,250
Median List Price$380,500
Price Per Sq Ft$240

Rent

Census Median Rent$1,619
Zillow Rent (ZORI)$2,395
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market151
Sale-to-List Ratio1.0%
Price Drops22.8%
Homes Sold52
Active Inventory666
Price Per Sq Ft$240

Ownership & Stock

Owner-Occupied45.0%
Renter-Occupied55.0%
Homeownership Rate45.0%
Total Housing Units26,106
Median Year Built2001
Rent Burden36.8%