Market Intelligence · FL / Homestead

Homestead, FL 33032 Housing Market

The typical home value in Homestead, FL 33032 is $455,555, down 3.3% over the past year. The median list price stands at $456,225, with homes spending a median of 72 days on market as of September 2026.

Updated September 2026Median value$456K

The median home value in Homestead, FL 33032 is $456K as of September 2026, down 3.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 33032 range

$419K to $492K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.3% over 12 months

Typical home value in 33032 over the last 12 months: $471K in Sep 2025 to $456K in Sep 2026 (-3.3%).

Sep 2025$471K

Sep 2026$456K

The numbers

What is the 33032 housing market like?

Typical home value

$456K

Down3.3%YoY

Median list price

$456K

Up0.3%MoM

Days on market

72

Up5.9%MoM

Homes for sale

372

Up3.9%MoM

Price cuts

13.6%

Up6.8%MoM

New listings

82

Down18.0%MoM

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

The outlook

33032 housing market forecast 2027

+0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33032 to stay roughly flat by September 2027 (up 0.4%).

Over the 12 months through September 2026, typical home values in 33032 fell 3.3%, per the Zillow Home Value Index.

Will home prices drop in 33032?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 33032 to stay roughly flat by September 2027 (up 0.4%), after a 3.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 33032 home prices compare?

  • 33032$455,555
  • Homestead$445,297
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Homestead: 6 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

Homestead's market shows moderate inventory with 372 homes for sale and 82 new listings in September 2026. The median days on market of 72 suggests homes are taking their time to sell. About 13.6% of listings have seen a price cut, reflecting some seller adjustments in response to softer demand. The typical home value decline of 3.3% over the past year indicates cooling conditions. Sellers should expect a patient buyer process and may need flexibility on pricing.

Monthly payment

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20% · $91,111

Common questions

What people ask us.

What is the typical home value in 33032?

The typical home value in Homestead is $455,555, down 3.3% over the past year as of September 2026.

How long do homes take to sell in 33032?

Homes in this ZIP spend a median of 72 days on market.

What percentage of homes have had price cuts?

About 13.6% of listings in 33032 have had a price cut as of September 2026.

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