In August 2018, there were 113 homes sold, with a median sale price of $215,000 - a 20.4% increase over the $178,600 median sale price for the same period of the previous year. There were 142 homes sold in Homestead in August 2017.
The median sales tax in Homestead for the most recent year with available data, 2015, was $1,780, approximately 0.8% of the median home sale price for August 2018.
The following table compares Homestead to other Miami-Dade County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Miami | 578 | 611 | -5.4% | $271,000 | $280,000 | -3.2% |
| Homestead (unincorporated) | 75 | 105 | -28.6% | $243,000 | $215,000 | 13% |
| Miami (unincorporated) | 714 | 790 | -9.6% | $235,400 | $219,750 | 7.1% |
| Richmond Heights | 15 | 15 | 0% | $227,000 | $197,100 | 15.2% |
| El Portal | 2 | 5 | -60% | $218,300 | $382,500 | -42.9% |
| Homestead | 113 | 142 | -20.4% | $215,000 | $178,600 | 20.4% |
| North Bay Village | 22 | 29 | -24.1% | $210,050 | $219,000 | -4.1% |
| Hialeah | 168 | 182 | -7.7% | $204,000 | $211,750 | -3.7% |
| Miami Gardens | 179 | 154 | 16.2% | $200,000 | $188,500 | 6.1% |
| North Miami | 89 | 64 | 39.1% | $190,000 | $159,400 | 19.2% |
| Florida City (unincorporated) | 5 | 3 | 66.7% | $190,000 | $65,000 | 192.3% |
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