Market Intelligence · FL / Homestead

Homestead, FL 33034 Housing Market

Homestead, FL 33034 has a typical home value of $381,753, which has declined 3.7% over the past year. The median list price stands at $394,248, with homes staying on the market a median of 60 days as of September 2026.

Updated September 2026Median value$382K

The median home value in Homestead, FL 33034 is $382K as of September 2026, down 3.7% 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 33034 range

$351K to $412K

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

-3.7% over 12 months

Sep 2025$397K

Low $382KHigh $397K

Sep 2026$382K

The numbers

What is the 33034 housing market like?

As of September 2026

Typical home value

$382K

3.7%YoY

Median list price

$394K

0.9%MoM

Days on market

3.4%MoM

Homes for sale

276

10.8%MoM

Price cuts

16.7%

57.4%MoM

New listings

54.2%MoM

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

The outlook

33034 housing market forecast 2027

+0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33034 to stay roughly flat by September 2027 (up 0.4%).

Over the 12 months through September 2026, typical home values in 33034 fell 3.7%, per the Zillow Home Value Index.

Will home prices drop in 33034?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 33034 to stay roughly flat by September 2027 (up 0.4%), after a 3.7% 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 33034 home prices compare?

33034$381,753
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 33034 ZIP shows a moderately active market with 276 homes for sale and 44 new listings in September 2026. The median list price of $394,248 sits slightly above the typical home value, suggesting some seller positioning relative to current conditions. With 60 median days on market and 16.7% of listings carrying a price cut, the market reflects buyer caution. The year-over-year decline of 3.7% in home values suggests this is a buyer-favorable environment where pricing expectations remain important for sellers to consider.

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Down payment20% · $76,351

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Common questions

What people ask us.

What is the typical home value in Homestead, FL 33034?

The typical home value is $381,753 as of September 2026, down 3.7% over the past year.

How many homes are currently for sale in 33034?

There are 276 homes for sale as of September 2026, with 44 new listings during that month.

How long do homes typically stay on the market here?

The median days on market is 60 as of September 2026.

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