In October 2018, there were 128 homes sold, with a median sale price of $185,800 - a 17.3% increase over the $158,450 median sale price for the same period of the previous year. There were 134 homes sold in Homestead in October 2017.
The median sales tax in Homestead for the most recent year with available data, 2015, was $1,780, approximately 1% of the median home sale price for October 2018.
The following table compares Homestead to other Miami-Dade County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| West Perrine | 18 | 12 | 50% | $228,000 | $170,000 | 34.1% |
| Miami (unincorporated) | 777 | 744 | 4.4% | $215,000 | $225,000 | -4.4% |
| Miami Gardens | 148 | 142 | 4.2% | $196,000 | $206,500 | -5.1% |
| Florida City (unincorporated) | 5 | 2 | 150% | $195,000 | $62,400 | 212.5% |
| Hialeah | 167 | 177 | -5.6% | $186,400 | $175,000 | 6.5% |
| Homestead | 128 | 134 | -4.5% | $185,800 | $158,450 | 17.3% |
| Hialeah (unincorporated) | 71 | 63 | 12.7% | $184,000 | $150,900 | 21.9% |
| Brownsville | 30 | 21 | 42.9% | $177,000 | $89,000 | 98.9% |
| North Miami | 82 | 86 | -4.7% | $170,000 | $170,000 | 0% |
| North Bay Village | 25 | 21 | 19% | $165,000 | $206,000 | -19.9% |
| Opa-Locka | 20 | 16 | 25% | $161,000 | $103,000 | 56.3% |
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