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PURE EQUITY

Housing Market

Homestead housing market

The median home in Homestead sold for $550,000 in October 2026, up 11.7% from $492,390 16 months earlier. On the measures below the market leans toward buyers.

What is your Homestead home worth?

The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.

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Where Homestead stands right now

Median sale price

$550,000

October 2026

Median days on market

52 days

October 2026

Leverage

Are buyers or sellers in control in Homestead?

On the last full month of data, Homestead leans toward buyers.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

  • ·7.41% of sales closed above asking
  • ·55.56% of sellers cut their price before closing

Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.

Homestead market trends, month by month

Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.

Median sale price

$492,390 in Jul 2025 to $550,000 in Oct 2026, up 11.7% over 16 months. Trending in sellers' favour.

Median sale price by month
MonthMedian sale price
Jul 2025$492,390
Aug 2025$480,000
Sep 2025$468,868
Oct 2025$490,000
Nov 2025$440,000
Dec 2025$472,500
Jan 2026$459,500
Feb 2026$450,000
Mar 2026$470,000
Apr 2026$475,000
May 2026$477,000
Jun 2026$486,000
Jul 2026$487,500
Aug 2026$475,000
Sep 2026$471,750
Oct 2026$550,000

Median days on market

61 days in Jul 2025 to 52 days in Oct 2026, down 14.8% over 16 months. Trending in sellers' favour.

Median days on market by month
MonthMedian days on market
Jul 202561 days
Aug 202560 days
Sep 202554 days
Oct 202554 days
Nov 202551 days
Dec 202565 days
Jan 202667 days
Feb 202674 days
Mar 202653 days
Apr 202647 days
May 202647 days
Jun 202648 days
Jul 202646 days
Aug 202649 days
Sep 202650 days
Oct 202652 days

Share of sales closing above asking

11.2% in Jul 2025 to 7.4% in Oct 2026, down 33.7% over 16 months. Trending in buyers' favour.

Share of sales closing above asking by month
MonthShare of sales closing above asking
Jul 202511.2%
Aug 202518.8%
Sep 202511.0%
Oct 202514.7%
Nov 20257.5%
Dec 202511.5%
Jan 202615.2%
Feb 202610.9%
Mar 202610.7%
Apr 202617.0%
May 202614.9%
Jun 202612.3%
Jul 202619.1%
Aug 202611.4%
Sep 202610.8%
Oct 20267.4%

Share of sellers who cut their price

53.6% in Jul 2025 to 55.6% in Oct 2026, up 3.6% over 16 months. Trending in buyers' favour.

Share of sellers who cut their price by month
MonthShare of sellers who cut their price
Jul 202553.6%
Aug 202548.4%
Sep 202553.3%
Oct 202549.7%
Nov 202548.1%
Dec 202560.6%
Jan 202661.6%
Feb 202652.9%
Mar 202650.0%
Apr 202644.9%
May 202645.9%
Jun 202643.1%
Jul 202645.5%
Aug 202646.1%
Sep 202641.9%
Oct 202655.6%

Homes sold

179 in Jul 2025 to 27 in Oct 2026, down 84.9% over 16 months.

Homes sold by month
MonthHomes sold
Jul 2025179
Aug 2025186
Sep 2025154
Oct 2025177
Nov 2025160
Dec 2025165
Jan 2026112
Feb 2026119
Mar 2026178
Apr 2026194
May 2026181
Jun 2026195
Jul 2026178
Aug 2026167
Sep 2026148
Oct 202627

Buying in Homestead?

The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.

Browse Homes for SaleTalk to a Buyer's Agent

Nearby Markets

Compare Homestead with nearby markets

Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.

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