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Market Intelligence · FL / Miami-Dade County

Homestead, FL home prices and housing market

6 ZIP markets liveData updated September 2026Typical value$445K1-yr changeDown3.0%

The typical home value in Homestead, FL is $445K as of September 2026, down 3.0% from a year ago, based on the Zillow Home Value Index. In the typical Homestead ZIP code, the median list price is $452K and homes spend a median of 70 days on market as of September 2026 (Realtor.com).

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The coverage

Homestead, by the numbers.

Typical home valueZillow ZHVI, September 2026
$445K
1-yr changeMedian across Homestead ZIPs
-3.0%
ZIP markets live9 tracked in Homestead
6
County
Miami-Dade County

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12-month value trend

-3.0% over 12 months

Typical home value in Homestead over the last 12 months: $459K in Sep 2025 to $445K in Sep 2026 (-3.0%).

Sep 2025$459K

Sep 2026$445K

Median Zillow home value index across Homestead's ZIP codes.

Context

Homestead's housing market is cooling. The typical home value stands at $445,297, down 3.0% over the past year as of September 2026. With 1534 homes for sale and a median list price of $451,531, inventory is elevated. Homes are staying on the market for a median of 70 days, and 17.7% of listings carry a price cut, signaling softening demand. If you're thinking about selling, this is a buyer's market, and you'll likely face more negotiation than you might have a year ago.

The numbers

What is the housing market like in Homestead, FL?

Typical home value

$445K

Down3.0%YoY

Median list price

$452K

Days on market

70

Homes for sale

1,534

Price cuts

17.7%

New listings

304

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Homestead's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Homestead, FL home prices over time

Typical home values in Homestead, FL are down 3.0% over the past year, from $459K in September 2025 to $445K in September 2026.

Typical home value in Homestead, FL, September of each year
MonthTypical value1-yr change
September 2026$445,297-3.0%
September 2025$459,246No prior year

Typical value is the median Zillow Home Value Index across Homestead ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Homestead, FL a buyer's or seller's market?

Homestead, FL leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 70 days on market and 18% of listings with a price cut in the typical Homestead ZIP code, and 304 new listings against 1,534 active listings across Homestead, as of September 2026 (Realtor.com).

The outlook

Homestead housing market forecast 2027

+0.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 6 Homestead ZIP codes, points to typical home values rising 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in Homestead fell 3.0%, per the Zillow Home Value Index.

Will home prices drop in Homestead?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Homestead shows typical home values rising 0.5% by September 2027, after a 3.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 6 Homestead ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Homestead ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 9 Homestead ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Homestead, FL home prices.

What is a typical home value in Homestead?

As of September 2026, the typical home value in Homestead is $445,297. This represents a decline of 3.0% over the past year.

How long do homes stay on the market in Homestead?

Homes in Homestead stay on the market for a median of 70 days. With 1534 homes currently for sale, homes are taking longer to find buyers compared to tighter markets.

What share of listings in Homestead have price cuts?

As of September 2026, 17.7% of listings in Homestead carry a price cut, indicating negotiation pressure in the current market.

Are home prices going up or down in Homestead, FL?

Typical home values in Homestead, FL are down 3.0% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Homestead, FL a buyer's or seller's market?

Homestead, FL leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 70 days on market and 18% of listings with a price cut in the typical Homestead ZIP code, and 304 new listings against 1,534 active listings across Homestead, as of September 2026 (Realtor.com).

Nearby markets

More Florida housing markets.

The market is moving

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