In July 2018, there were 134 homes sold, with a median sale price of $185,500 - a 14.6% increase over the $161,800 median sale price for the same period of the previous year. There were 132 homes sold in Homestead in July 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 July 2018.
The following table compares Homestead to other Miami-Dade County cities with similar median sales prices in July 2018:
| City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Miami (unincorporated) | 32 | 31 | 3.2% | $231,250 | $438,000 | -47.2% |
| Bay Harbor Islands | 9 | 10 | -10% | $220,000 | $260,000 | -15.4% |
| Hialeah | 177 | 192 | -7.8% | $217,500 | $185,800 | 17.1% |
| North Miami Beach | 60 | 60 | 0% | $213,750 | $182,350 | 17.2% |
| Miami Gardens | 171 | 170 | 0.6% | $208,000 | $195,000 | 6.7% |
| Homestead | 134 | 132 | 1.5% | $185,500 | $161,800 | 14.6% |
| Brownsville | 17 | 22 | -22.7% | $185,000 | $115,800 | 59.8% |
| Sweetwater | 4 | 16 | -75% | $181,000 | $131,300 | 37.9% |
| North Miami | 102 | 79 | 29.1% | $172,500 | $195,000 | -11.5% |
| Hialeah (unincorporated) | 57 | 71 | -19.7% | $161,900 | $144,900 | 11.7% |
| Opa-Locka | 15 | 23 | -34.8% | $150,000 | $145,000 | 3.4% |
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