The median sale price of a home sold in January 2021 in Homestead rose by $25,200 while total sales decreased by 86.7%, according to BlockShopper.com.
In January 2021, there were 19 homes sold, with a median sale price of $230,000 - a 12.3% increase over the $204,800 median sale price for the same period of the previous year. There were 143 homes sold in Homestead in January 2020.
The median sales tax in Homestead for the most recent year with available data, 2019, was $2,486, approximately 1.1% of the median home sale price for January 2021.
The following table compares Homestead to other Miami-Dade County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Miami | 26 | 95 | -72.6% | $300,000 | $203,000 | 47.8% |
| Hialeah | 46 | 185 | -75.1% | $285,000 | $256,500 | 11.1% |
| Opa-Locka | 4 | 27 | -85.2% | $284,950 | $195,000 | 46.1% |
| North Bay Village | 9 | 23 | -60.9% | $265,000 | $275,000 | -3.6% |
| Hialeah Gardens | 4 | 21 | -81% | $255,000 | $250,000 | 2% |
| Brownsville | 7 | 15 | -53.3% | $251,000 | $189,000 | 32.8% |
| Homestead | 19 | 143 | -86.7% | $230,000 | $204,800 | 12.3% |
| Medley | 1 | 0 | - | $166,000 | $0 | - |
| Florida City (unincorporated) | 3 | 7 | -57.1% | $140,000 | $120,000 | 16.7% |
| Virginia Gardens | 1 | 1 | 0% | $130,000 | $160,000 | -18.8% |
| Florida City | 2 | 16 | -87.5% | $110,000 | $151,650 | -27.5% |
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