Is Homestead, FL 33033 a buyer’s or seller’s market?

The Homestead housing market right now

In the three months ending August 31, 2026, 13% of homes in Homestead, FL 33033 sold above their list price, the typical home went under contract in 77 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 208 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (87 days then) and the median sale price held steady to $482,286. Overall, Homestead is more competitive than a year ago, so tougher for buyers.

Within Miami-Dade County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Homestead ranks #263 of 796 FL ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Miami 33136 (0% sold over asking) or Miami 33128 (0% sold over asking), while Miami 33184 (26% sold over asking) and Opa Locka 33055 (24% sold over asking) are even more competitive.