The housing market in 33035 Homestead, FL is booming. The median value of homes in the area is $313,600, which is slightly lower than the US median value of $338,100. However, over the past year, the appreciation rate for homes in Homestead has been 17.45%, much higher than the national average of 8.27%. This indicates that there is a growing demand for houses in Homestead and that it is becoming an increasingly desirable place to live.
The median home cost in Homestead (zip 33035) is $313,600. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Homestead (zip 33035) is up 26.6%.
Average Age of Homes
- The median age of Homestead (zip 33035) real estate is 14 years old
The Rental Market in Homestead (zip 33035)
- Renters make up 35.7% of the Homestead (zip 33035) population
- 5.6% of houses and apartments in Homestead (zip 33035), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.