Live MLS data · 1,000 active listings · $430K median · Updated May 2026
The Homestead housing market has 1,000 active listings with a median asking price of $430K as of May 2026. 74% of listings have had a price reduction. Average price per square foot is $290, with homes spending an average of 75 days on market — a buyer's market.
1,000
Active Listings
$430K
Median Price
$290
Avg $/sqft
75
Avg Days on Market
74%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 10 | $195K |
| 2 BR | 117 | $225K |
| 3 BR | 490 | $400K |
| 4 BR | 285 | $530K |
| 5+ BR | 98 | $699K |
The Homestead real estate market currently has 1,000 active listings as of May 2026, with a median asking price of $430K and an average of $290/sqft. Homes are spending an average of 75 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.
Mobile/Manufactured represent the best value in Homestead right now, with an average price per square foot of $194 and a median asking price of $210K. There are currently 14 active mobile/manufactured listings available.
With 74% of listings having seen a price reduction, there is meaningful negotiating room in Homestead. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.
As of May 2026, the median asking price in Homestead is $430K, with an average of $526K. Prices range from $3K to $7.2M. The average price per square foot is $290.
Homestead is currently a buyer's market. Homes average 75 days on market and 74% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.
As of May 2026, homes in Homestead spend an average of 75 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.
Mobile/Manufactured are currently the most affordable by price per square foot in Homestead, averaging $194/sqft with a median price of $210K. There are 14 active mobile/manufactured listings available.
Based on the median home price of $430K in Homestead, Casa Simple buyers typically receive a rebate of $3K–$6K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate depends on purchase price and plan.
HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.
ELLA analyzes every listing in Homestead with an AI-powered IQ score. Get up to $6K back at closing.