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South Miami-Dade News

Wednesday, November 6, 2024

Homestead home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Homestead rose by $10,000 while total sales decreased by 16.3%, according to BlockShopper.com.

In November 2019, there were 82 homes sold, with a median sale price of $190,000 - a 5.6% increase over the $180,000 median sale price for the same period of the previous year. There were 98 homes sold in Homestead in November 2018.

The median sales tax in Homestead for the most recent year with available data, 2015, was $1,780, approximately 0.9% of the median home sale price for November 2019.

The following table compares Homestead to other Miami-Dade County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Hialeah (unincorporated) 4360-28.3%$225,000$165,20036.2%
Miami Gardens89129-31%$220,000$208,9005.3%
Hialeah Gardens1416-12.5%$217,250$172,50025.9%
Bay Harbor Islands67-14.3%$210,250$195,0007.8%
Florida City9728.6%$205,000$156,00031.4%
North Bay Village1019-47.4%$197,500$190,0003.9%
Homestead8298-16.3%$190,000$180,0005.6%
North Miami Beach4253-20.8%$185,000$165,00012.1%
North Miami6271-12.7%$184,500$225,100-18%
Brownsville1330-56.7%$157,000$112,00040.2%
Opa-Locka110-90%$154,000$204,000-24.5%

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