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Homestead, FL Real Estate Guide

When buyers get priced out of everything north of the Turnpike's end, Homestead is the answer — builders keep delivering new communities at figures the urban core cannot touch, backed by the Speedway, the Air Force base and two national parks at the door. Deep rental demand and an express bus up the busway round out the case.

Homestead Market Snapshot

Every figure below is computed from closed MLS transactions in Homestead over the trailing twelve months — what buyers and tenants actually paid, not asking prices — and refreshes continuously.

1,978
Homes sold, last 12 months
$471K
Median sale price
$265
Median price per sqft
50 days
Median time on market
2,324
Leases signed, last 12 months
$2,450/mo
Median rent achieved
$2
Median rent per sqft
52 days
Median time to lease
Homes Sold per Month
177Oct161Nov167Dec113Jan117Feb176Mar202Apr182May194Jun176Jul166Aug61Sep
Median Sale Price per Month
$490K$440KOctNovDecJanFebMarAprMayJunJulAugSep
Median Sale Price by Bedrooms
BedroomsSalesMedian price
1 bd8$163,750
2 bd167$259,000
3 bd913$420,000
4 bd679$544,999
5+ bd211$645,000
Sales by Property Type
TypeSalesMedian price
Single Family Residence1,291$547,000
Townhouse539$374,900
Condominium124$199,950
Mobile Home17$200,000
Villa6$336,000
12-Month Sales Trend
MonthHomes soldMedian price
Oct 2025177$490,000
Nov 2025161$440,000
Dec 2025167$472,500
Jan 2026113$459,000
Feb 2026117$450,000
Mar 2026176$470,000
Apr 2026202$472,695
May 2026182$475,500
Jun 2026194$488,000
Jul 2026176$480,000
Aug 2026166$475,000
Sep 202661$470,000
Median Rent by Bedrooms
BedroomsLeasesMedian rent
Studio11$1,000/mo
1 bd131$1,500/mo
2 bd440$1,850/mo
3 bd1,271$2,500/mo
4 bd404$3,000/mo
5+ bd67$3,900/mo

Between Two National Parks

Homestead holds a geographic distinction no other American city can claim quite the same way: it is the doorstep to two national parks at once, with the Everglades' river of grass to its west and Biscayne's reefs and islands to its east, and the Redland's tropical-fruit farmland spread across its back. It is also Miami-Dade's second-oldest municipality — a railroad and farming town from the pioneer era — and, in this century, one of the fastest-growing residential markets in Florida, because it is where the county's new-construction affordability survives. Around eighty-five thousand people now call it home, with more arriving on every builder release.

Three engines drive the local economy — agriculture, the Homestead Air Reserve Base and the speedway's event weekends — but one fact drives the housing market: a South Florida family can still buy a brand-new four-bedroom here on a workforce income. Distance is the honest cost. The northbound commute is long, softened by the Turnpike and the Transitway, and an increasing share of residents skip it altogether by working in the city's own hospital, base and logistics operations.

Builder Belt, Pioneer Grid, Grove Country

Growth defines the map. Master-planned communities — Malibu Bay, Oasis, the lake districts around Waterstone, and a dozen active builder programs — are producing the newest housing in the county, tile-roofed and HOA-governed, pulling buyers from as far as forty miles up the coast. Keys Gate remains the established giant, a vast gated district with its own charter school and golf course.

Two other markets share the city. Around Krome Avenue's restored downtown, the historic grid holds pioneer-era and Mediterranean homes dating to the 1910s-40s — the character tier, popular with renovators and investors alike. And along the Redland edge lies a category unique to south Dade: agricultural estates, homes set among avocado and lychee rows on multi-acre grove parcels. Whatever the tier, local buyers check the same boxes — flood coverage, school zoning and, near the base, the flight paths — block by block.

Where the Turnpike Ends

Homestead is the Turnpike's last exit: downtown Miami runs about forty-five minutes on a clear road, Transitway buses ride the US-1 spine to Dadeland's rail terminus, and — the region's best-kept commuting secret — Key Largo is only about thirty minutes south, which makes Homestead a base for Keys workers as much as Miami ones. The parks' visitor centers bracket the city, championship weekends fill the speedway, and every errand risks a detour past a Redland fruit stand.

Buying a Home in Homestead

Buying in Homestead starts with understanding what drives its market: new-build communities at South Dade's entry point. Benchmark the segment you're shopping with the bedroom and property-type tables above, then open the live map search to see everything currently available — every listing links straight to full photos, details and an inquiry line to a licensed Florida broker.

Financed purchases in South Florida typically close in 30–45 days, while cash can close in as little as two weeks. Condo purchases usually add an association-approval step, and properties near the water carry insurance considerations worth pricing before you offer — both are routine in Homestead transactions when planned early.

Renting in Homestead

Rentals move faster than sales — well-priced Homestead units are often signed within weeks, and most annual leases require first month, last month and a security deposit up front. The rent tables above show what tenants actually committed to by bedroom count over the last year; the live rental search shows every home and condo currently offered.

Featured Listings in Homestead

See every home for sale →

Things to Do & Places to See in Homestead

Everglades National Park, Ernest Coe entrance

The park's main gateway — the alligators of the Anhinga Trail are twenty minutes from downtown Homestead.

Biscayne National Park

A national park that is almost entirely water — snorkel trips and island paddles depart from Convoy Point.

Homestead-Miami Speedway

The racetrack that hosted NASCAR's championship for two decades and still remakes the city on event weekends.

The Redland

Groves, u-pick farms and roadside fruit stands — the living agricultural heritage of the county.

Krome Avenue historic downtown

The restored pioneer main street, anchored by the Seminole Theatre and the city's oldest storefronts.

Fruit & Spice Park (adjacent)

A public botanical orchard growing hundreds of varieties of tropical fruit from around the world.

Schnebly Redland's Winery (adjacent)

Wines made from mango, lychee and guava, poured to weekend music among the groves.

Dining in Homestead

Shiver's BBQ

Pit smoke rising since 1957 — the standard against which south Dade barbecue is measured.

Casita Tejas

The downtown Krome Avenue Mexican mainstay.

Robert Is Here (adjacent)

The famous fruit stand on the Everglades road, where the milkshake line is part of the experience.

Knaus Berry Farm (adjacent, seasonal)

The winter-only cinnamon-roll destination that draws pilgrims from the whole county.

The Krome Avenue taquerias

Mexican and Central American counters serving the farm workforce — the city's most authentic eating.

The Campbell Drive corridor

The everyday rotation of Latin kitchens along the city's main east-west spine.

Schools in Homestead

Homestead Senior High & South Dade Senior High
Public

The two district high schools — South Dade carries a storied agricultural academy program.

Keys Gate Charter School
Charter

The K-12 charter within the Keys Gate district, among the largest in Florida.

Somerset and Mater academy campuses
Charter

The charter networks' schools serving the growth belt.

District schools of the Redland and base areas
Public

The campuses covering the western and Air Base communities — confirm zoning by address.

First Baptist and area Christian academies
Private

The city's main parochial options.

School attendance boundaries change — always verify a specific address's assigned schools with Miami-Dade County Public Schools (or the relevant district) and confirm private-school admissions directly before relying on them in a purchase decision.

Homestead Real Estate FAQ

Is Homestead a good place to buy a home?

Homestead is known for new-build communities at South Dade's entry point, and that identity anchors long-term demand. Judge the market by the numbers on this page — actual closed sales, the median sale price, and how long homes took to sell over the trailing twelve months.

What is the median home price in Homestead?

The market snapshot above shows the current 12-month median sale price for Homestead, along with price per square foot and medians broken out by bedroom count and property type — all computed from closed MLS sales, refreshed continuously rather than quoted from stale reports.

Should I buy a condo or a house in Homestead?

The property-type table above shows how Homestead sales split between condos, single-family homes and townhomes, and what each segment's median ran over the last year. Condos add monthly association dues and a board-approval step; houses carry their own insurance and maintenance. Every property type has its own live search page linked below.

How do I see every home for sale in Homestead?

Use the Homestead map search — every active MLS listing in the city, updated continuously, with the city boundary drawn on the map and filters for property type, bedrooms and price.

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