Home prices
Homestead's median home value is $222,300. This is roughly $14,060 (6%) higher in comparison to nearby areas.It is roughly $4,800 (2%) higher compared to the United States as a whole, and in comparison to the city of Miami it is approximately $95,400 (30%) lower.
Rents
The median monthly rent in Homestead is $1,267. Compared to the surrounding areas it is roughly $100 (8%) higher.It is about $205 (19%) higher compared to the United States as a whole, and is approximately $84 (7%) higher in comparison to the city of Miami.
Nearby places
Leisure City
Leisure City is Homestead's neighbor to the north. Housing prices there are a bit less expensive. The price of the median home in Leisure City is $194,400, which works out to $27,900 (14%) lower than Homestead. Rents there are somewhat less expensive. Leisure City's median rent is $1,136 per month, which comes out to $131 (11%) lower than Homestead.
Florida City
Florida City is Homestead's neighbor to the southwest. The housing prices there are substantially less expensive. The median home in Florida City costs $153,100, which works out to $69,200 (45%) lower than Homestead. The rent there is a bit less expensive. The median monthly rent in Florida City is $1,168, which comes out to $99 (8%) lower than Homestead.
Naranja
Naranja is about 4 miles north of Homestead. Its housing prices are somewhat less expensive. Naranja's median home cost is $172,700, which comes out to $49,600 (28%) lower than Homestead. The rent there is a bit less expensive. The median monthly rent in Naranja is $1,168, which works out to $99 (8%) lower than Homestead.
Princeton
Princeton is roughly 6 miles northeast from Homestead. Real estate prices there are somewhat more expensive. The median home value in Princeton is $260,400, which is $38,100 (14%) higher than Homestead. Rent there is a little more expensive. The median monthly rent in Princeton is $1,468, which works out to $201 (13%) higher than Homestead.
Goulds
Goulds is approximately 8 miles northeast from Homestead. Its housing prices are a bit more expensive. Goulds's median home value is $260,600, which works out to $38,300 (14%) higher than Homestead. Its rents are significantly less expensive. In Goulds the median monthly rent is $895, which is $372 (41%) lower than Homestead.
