Homestead (unincorporated) median home prices rose by 25.9% in January 2021

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The median sale price of a home sold in January 2021 in Homestead (unincorporated) rose by $70,000 while total sales decreased by 73.4%, according to BlockShopper.com.

In January 2021, there were 25 homes sold, with a median sale price of $340,000 - a 25.9% increase over the $270,000 median sale price for the same period of the previous year. There were 94 homes sold in Homestead (unincorporated) in January 2020.

The median sales tax in Homestead (unincorporated) for the most recent year with available data, 2019, was $2,182, approximately 0.6% of the median home sale price for January 2021.

The following table compares Homestead (unincorporated) to other Miami-Dade County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Doral2882-65.9%$387,500$304,90027.1%
Opa-Locka (unincorporated) 517-70.6%$368,000$292,40025.9%
Country Walk435-88.6%$360,000$350,5002.7%
Sweetwater27-71.4%$359,750$300,00019.9%
Palmetto Estates621-71.4%$345,000$300,00015%
Homestead (unincorporated) 2594-73.4%$340,000$270,00025.9%
Miami Gardens22165-86.7%$334,500$219,00052.7%
Cutler Bay2284-73.8%$319,300$285,50011.8%
Richmond Heights212-83.3%$310,000$277,50011.7%
North Miami2695-72.6%$300,000$203,00047.8%
Hialeah46185-75.1%$285,000$256,50011.1%

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