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South Miami-Dade News

Wednesday, November 6, 2024

Homestead (unincorporated) home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Homestead (unincorporated) rose by $26,450 while total sales decreased by 43.6%, according to BlockShopper.com.

In November 2019, there were 44 homes sold, with a median sale price of $294,950 - a 9.9% increase over the $268,500 median sale price for the same period of the previous year. There were 78 homes sold in Homestead (unincorporated) in November 2018.

The median sales tax in Homestead (unincorporated) for the most recent year with available data, 2015, was $1,474, approximately 0.5% of the median home sale price for November 2019.

The following table compares Homestead (unincorporated) 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)
West Miami56-16.7%$365,000$324,50012.5%
Virginia Gardens10-$350,000$0-
Miami Lakes3031-3.2%$342,500$270,00026.9%
Sunny Isles Beach3648-25%$312,500$332,500-6%
Miami371482-23%$300,000$292,0502.7%
Homestead (unincorporated) 4478-43.6%$294,950$268,5009.9%
North Miami Beach (unincorporated) 21100%$290,000$152,00090.8%
Miami Beach135183-26.2%$290,000$320,000-9.4%
Opa-Locka (unincorporated) 151315.4%$285,000$260,0009.6%
Aventura78101-22.8%$285,000$300,000-5%
Kendall91115-20.9%$280,000$285,000-1.8%

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