Market Intelligence · FL / Homestead

Homestead, FL 33033 Housing Market

Homestead's typical home value sits at $435,038, down 2.8% over the past year. The median list price stands at $446,836, with homes spending a median of 67 days on market as of September 2026.

Updated September 2026Median value$435K

The median home value in Homestead, FL 33033 is $435K as of September 2026, down 2.8% 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 33033 range

$400K to $470K

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

-2.8% over 12 months

Sep 2025$448K

Low $435KHigh $448K

Sep 2026$435K

The numbers

What is the 33033 housing market like?

As of September 2026

Typical home value

$435K

2.8%YoY

Median list price

$447K

0.6%MoM

Days on market

8.2%MoM

Homes for sale

413

5.6%MoM

Price cuts

19.0%

20.6%MoM

New listings

17.3%MoM

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

The outlook

33033 housing market forecast 2027

+0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33033 to stay roughly flat by September 2027 (up 0.3%).

Over the 12 months through September 2026, typical home values in 33033 fell 2.8%, per the Zillow Home Value Index.

Will home prices drop in 33033?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 33033 to stay roughly flat by September 2027 (up 0.3%), after a 2.8% 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 33033 home prices compare?

33033$435,038
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

The 33033 ZIP code has 413 homes for sale, with 86 new listings added in September 2026. About 19.0% of current listings carry a price cut, reflecting a market where seller expectations are adjusting downward. Days on market at 67 indicates homes are taking time to find buyers. The year-over-year decline in typical home value suggests the pace of sales and competition remain soft. Homeowners should expect a slower process and be realistic about pricing.

Monthly payment

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Home price

Down payment20% · $87,008

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 33033 worth?

The typical home value in Homestead's 33033 ZIP code is $435,038 as of September 2026, which represents a 2.8% decline from the prior year.

How long do homes stay on the market in 33033?

Homes in this area spend a median of 67 days on market, indicating a slower sales environment.

What share of homes have price reductions?

As of September 2026, 19.0% of listings in 33033 carry a price cut.

Discover

Nearby ZIP markets.

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