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South Miami-Dade News

Friday, November 8, 2024

Homestead (unincorporated) home prices rose in November 2021

Realestate5

The median sale price of a home sold in November 2021 in Homestead (unincorporated) rose by $68,000 while total sales increased by 207.7%, according to BlockShopper.com.

In November 2021, there were 80 homes sold, with a median sale price of $365,000 - a 22.9% increase over the $297,000 median sale price for the same period of the previous year. There were 26 homes sold in Homestead (unincorporated) in November 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 November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Miami Lakes231291.7%$405,000$410,000-1.2%
Miami719256180.9%$389,000$301,50029%
Palmetto Estates14875%$380,000$350,0008.6%
Opa-Locka (unincorporated) 94125%$375,000$291,50028.6%
Sunny Isles Beach8834158.8%$372,500$362,0002.9%
Homestead (unincorporated) 8026207.7%$365,000$297,00022.9%
Richmond Heights141040%$357,500$327,5009.2%
North Bay Village231376.9%$350,000$245,00042.9%
Aventura21160251.7%$345,000$299,00015.4%
Kendall1096567.7%$332,000$282,50017.5%
Miami (unincorporated) 62031298.7%$320,000$297,0007.7%

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