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Homestead

Homestead

Located in Miami/Dade County

$433,700 Average Value
$299 Average Price per Sq Ft
1243 Homes For Sale

A growing city with plenty of potential

Homestead is a growing city on the southern edge of Miami-Dade County. Farms, nurseries and fruit stands are still prominent in this city of 82,000, which has maintained its small-town feel as it adds big-city touches. Homestead Station, a mixed-use project transforming the city’s historic downtown, is the focus of ongoing expansion efforts. It now includes a modern transit center that connects residents to Miami, just 25 miles away. Homestead’s most recent addition is an Amazon distribution facility the size of 17 football fields. “It’s a city that has potential to be even more than it is today. It’s a city full of opportunities,” says Marlon Cadenas, a broker with Grand Beach Realty who has sold dozens of properties in Homestead. “When the big dogs like Amazon are coming, you know it’s growing.”

Homestead is a mixture of suburban farmland and beautifulsuburban homes.
Homestead is a mixture of suburban farmland and beautifulsuburban homes.
Homestead Station has a variety of retail therapy and entertainment in the heart of downtown.
Homestead Station has a variety of retail therapy and entertainment in the heart of downtown.
Homestead Station offers residents reliable public transportation with its new Metro Station.
Homestead Station offers residents reliable public transportation with its new Metro Station.
Newly built Amazon Facility offers new jobs for the residents of Homestead, FL.
Newly built Amazon Facility offers new jobs for the residents of Homestead, FL.
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Economy remains anchored by agriculture

In many ways, farming is the lifeblood of Homestead. The industry produces nearly $200 billion annually for Florida. In 2023, the city started a program providing property owners with information on available resources for the continued agricultural use of their lands. This came a year after the state legislature passed a law allowing farmers to use their land for agritourism. But while the city remains rooted in agriculture, the economy is changing. “A lot of the farmland has been converted for new homes,” Cadenas says. “Some people applaud the growth, but others who were born here and grew up here don’t like what they see.” The Homestead Air Reserve Base is another key contributor to the economy. It adds an estimated $360 million to the local economy each year.

Farmland is the main lifeblood of Homestead.
Farmland is the main lifeblood of Homestead.
Residents can use their land to grow crops in the city of Homestead.
Residents can use their land to grow crops in the city of Homestead.
Newly built homes are taking over the farmlands of Homestead.
Newly built homes are taking over the farmlands of Homestead.
The Homestead Airforce Base brings a large part of economy to Homestead.
The Homestead Airforce Base brings a large part of economy to Homestead.
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Homestead Station is helping to transform a historic downtown district

Homestead Station was built as the city’s first contemporary entertainment center. The downtown complex is anchored by a movie theater that includes a bowling alley, arcade and bar. “Downtown Homestead has been revitalized,” Cadenas says. “There’s a new police department and a new city hall. But entertainment is still one of the things it lacks.”
The city’s main cultural attraction is the Seminole Theater, which reopened in 2015 after it was almost destroyed by Hurricane Andrew 23 years earlier. The Cybrarium, part of Homestead Station, is a state-of-the-art library where technology and literacy converge. The free Downtown Trolley allows visitors to explore an area that in 2007 was placed on the National Register of Historic Places and is currently filled with dining options. Other popular destinations include seasonal farmers markets, which serve everything from sticky buns to brisket. Boutique shops are prominent downtown, and several city shopping centers offer big-box retailers and grocery stores.

Homestead Station is home to EVO Entertainment, with a bowling alley, arcade, and bar.
Homestead Station is home to EVO Entertainment, with a bowling alley, arcade, and bar.
The Homestead Police Station is conveniently located in Downtown Homestead.
The Homestead Police Station is conveniently located in Downtown Homestead.
The Seminole Theater is the main culture center in Hometead, FL.
The Seminole Theater is the main culture center in Hometead, FL.
Travel in the Historical Trolley for easy access in Downtown Homestead.
Travel in the Historical Trolley for easy access in Downtown Homestead.
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Homebuyers attracted to relatively affordable options

The city’s median sales price is about $450,000. “In the past 10 years, Homestead has attracted people because of lower home prices,” Cadenas says. “That doesn’t mean prices haven’t gone up, but it has become a destination for people looking for more affordable options.” Those options range from small condos to large pool homes and new model homes in amenities-filled gated communities. Contemporary homes built primarily from the 1980s into the 2000s are found in neighborhood settings throughout the city. Older homes include ranch-style designs on oversized lots that offer not only space but little to no HOA fees. The city is near Biscayne Bay, so flooding and related wind damage are risks tied to insurance costs.

Homestead, FL has newly developed modern homes for residents to choose from.
Homestead, FL has newly developed modern homes for residents to choose from.
Homes in Homestead, FL are affordable for new residents.
Homes in Homestead, FL are affordable for new residents.
Ranch-style homes in Homestead, FL, offers residents spacious lots and friendly neighbors.
Ranch-style homes in Homestead, FL, offers residents spacious lots and friendly neighbors.
Affordable condos are readily available in Homestead, FL.
Affordable condos are readily available in Homestead, FL.
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School for Advanced Studies is one of the county's highest-rated institutions

Students attend Miami-Dade County public schools. The district earns an A-minus from Niche. The city’s School for Advanced Studies, which serves students in 11th and 12th grades, is one of the few district schools that earns an A-plus. It is located on the Homestead campus of Miami Dade College. The two institutions partnered to give high-performing students a chance to earn an associate of arts degree while finishing the final two years of high school.

Conveniently located between Everglades National Park and Biscayne National Park

Losner Park’s recent expansion into a 3-acre walkable green space was key to the city’s downtown revitalization efforts. Biscayne National Park, east of the city, provides beachgoers, boaters and anglers with multiple recreational opportunities. Everglades National Park, the largest subtropical wilderness in the United States, is west of the city. Its abundance of native wildlife makes it a haven for nature lovers. A third of its waters can be navigated by boat or kayak. Visitors can also explore the park via hiking and biking trails. Residents also have access to golf and other resort-style activities. Homestead-Miami Speedway hosts an annual weekend of NASCAR races as well as selected playoff races.

Losner Park is a great place for young residents of Homestead, FL to have fun and relax.
Losner Park is a great place for young residents of Homestead, FL to have fun and relax.
Residents of Homestead, FL, can enjoy the beauty of Everglades National Park, minutes from home.
Residents of Homestead, FL, can enjoy the beauty of Everglades National Park, minutes from home.
Biscayne National Park near Homestead, FL, offers residents a quiet place to fish.
Biscayne National Park near Homestead, FL, offers residents a quiet place to fish.
Homestead Speedway is a great place to experience NASCAR races and select playoff races.
Homestead Speedway is a great place to experience NASCAR races and select playoff races.
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Homestead Station provides public transportation into Miami

Homestead Station’s transit center provides a centralized location from which residents can commute. The Metrobus connects to the Coconut Grove Metrorail station. From there, it’s about a 20-minute ride into downtown Miami. The Tri-Rail commuter service, which shares its tracks with Amtrak, has yet to expand south of Miami International Airport, which is about 35 miles away. Growth has created the need for alternative travel options. “Traffic going into and within Homestead has increased dramatically,” Cadenas says. Homestead has a general aviation airport. It’s also home to Baptist Health Homestead Hospital. U.S. Highway 1 connects directly to Miami and other destinations along the coast. It can also be taken into the Florida Keys.

Matt Pallister
Written By
Matt Pallister
Yanan Sun
Photography Contributed By
Yanan Sun
Rebecca Askin
Video By
Rebecca Askin

Interested in learning more about homes in this area? Reach out to Daniel Oquendo, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Homestead Housing Trends

Housing Trends

Median List Price
$499,000
Median Sale Price
$485,000
Median Single Family Sale Price
$550,000
Median Townhouse Sale Price
$397,750
Median 2 Bedroom Sale Price
$225,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
1,959
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$299

Area Facts

Number of Homes in Neighborhood
37,531
Number of Homes for Sale
1,243
Median Year Built
2000
Months of Supply
7.60
Average Single Family Home Size Sq Ft
1,880
On par with the national average
1,925
Average Townhouse Size Sq Ft
1,561
Average 2 Bedroom Size Sq Ft
1,024
Average 1 Bedroom Size Sq Ft
784
Median Lot Size Sq Ft
7,405

Open Houses

  • Saturday, Sep 13
    Open Sat 11AM - 1PM

    557 SE 37th Place, Homestead, FL 33033

    $599,000

    • 5 Beds
    • 3 Baths
    • 2,656 Sq Ft
    • 557 SE 37th Place

    Your dream home + resort-style living! Beautifully updated 5BD/3BA Lake view home in Mallorca at The Vineyards. Includes a convenient downstairs bedroom with full bath. Custom (2023) kitchen w/quart countertops, wood cabinets Samsung appliances. Bamboo & porcelain tile floors. New AC (2020), accordion shutters, impact French door, Ring doorbell & 4 Eufy cameras. Extended driveway (4+ cars),

    Agent Photo
    Arlene Mion
    Keller Williams Realty Premier Properties
    (645) 300-2231
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  • Saturday, Sep 13
    Open Sat 12PM - 2PM

    364 NE 25th Place Unit 103, Homestead, FL 33033

    $279,000

    • 2 Beds
    • 2 Baths
    • 1,048 Sq Ft
    • 364 NE 25th Place
    • Unit 103
    • New 23 days ago

    Welcome to Caribbean Isles a gate gem community living meets everyday convenience. This unit has been totally updated. NEW BATHS. NEW FLOORS ,NEW APPLIANCES ,NEW AC. The community has a nice club house. Well-equipped Gym. Billars, Play ground and Swimming Pool. Near to soppings center &. Restaurants.

    Agent Photo
    SONIA ORJUELA
    Nizz Realty Inc
    (786) 947-9901
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  • Saturday, Sep 13
    Open Sat 11AM - 1:30PM

    13432 SW 288th Terrace, Homestead, FL 33033

    $549,900

    • 3 Beds
    • 2 Baths
    • 1,442 Sq Ft
    • 13432 SW 288th Terrace
    • New 2 days ago

    Charming single-story home set on a desirable corner lot in the Homestead area. This home is perfect for easy entertaining and comfortable living. Large windows fill the home with natural light. A generous side entry provides ample room for parking a boat or RV, a rare feature in this location. The absence of a homeowner association offers added freedom and flexibility for future owners. Whether

    Nataly Sabalsa LPT Realty, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Homestead

Property Mix - Square Feet

Homestead Has More Renters

Demographics

Total Population
75,909
Median Age
34
Population under 18
30.6%
Above the national average
23.8%
Population over 65
10.6%
Below the national average
19.1%

Finances

Median Household Income
$55,991
Significantly below the national average
$71,702
Average Household Income
$70,005

Education and Workforce

High School Graduates
76.2%
Below the national average
89.1%
College Graduates
24%
Below the national average
34.1%
Advanced Degrees
7.7%
% Population in Labor Force
73.1%

Weather

Annual Precipitation
64''
Average Winter Low Temperature
56°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

33 / 100

Car-Dependent

Walk Score®®

25 / 100

Some Transit

Transit Score®®

29 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Homestead
Daniel Oquendo
Oquendo Level Realty LLC
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