Homestead Report: New Homes in a Buyer's Market

Homestead real estate market analysis (Oct. 2025). A buyer's market with 12 months of inventory and a 4% discount. See the prices for new construction homes.

The Homestead real estate market report for October 2025 confirms a solid trend: for the past 12 months, it has remained firmly a buyer's market. However, unlike other markets in Miami-Dade, Homestead is defined by two factors: new construction and an overwhelming demand for family homes.

An astonishing 85.7% of all closed sales are for properties with 3 or more bedrooms. With an average discount of 4% and healthy inventory levels, buyers have time and negotiating power. In this Homestead real estate market report, we break down why this is the ideal market for families seeking newer properties.

Homestead is unique. Sellers are so realistic that the average price of active properties ($420K) is *lower* than the price of properties already sold ($430K). There's no overpricing; it's a market ready for action.

Miguel E. Hernandez P.A.

Key Homestead Market Statistics (October 2025)

Homestead's most revealing metric is its price alignment. The average sale price (Closed) is $430K, while the average price of listings (Active) is $420K. This indicates that sellers aren't inflating their prices and understand the market reality. Properties are moving at a steady pace, taking an average of 116 days to sell.

Who is Buying in Homestead?

Homestead is predominantly a market for families and homeowners, with 78.8% of buyers planning to live in the property. However, it also attracts a solid 21.2% of investors who see value in the new construction and high demand for family rentals. The payment method is very balanced, showing strong financial footing:

• Conventional Financing: 44.0%
• Cash: 41.4%
• FHA/VA Loans: 14.5%

International buyers are also present, primarily from Brazil, India, Honduras, the Bahamas, and Mexico.

Do You Qualify for a Property in Homestead?

With nearly half the market using conventional financing, getting pre-qualified is essential to compete.

Get Pre-Qualified Here!

Deep Dive: The Dominance of New Homes

The story of Homestead isn't in its condos; it's in its single-family homes. Unlike Hialeah (built in the 70s) or Doral (in the 90s), Homestead's inventory is significantly newer.

Family Homes (3-5 Bedrooms)

This is the heart of the market (85.7% of sales).

• Age: The average build year for 3 to 5-bedroom homes ranges from 2001 to 2008.
• Composition: This is a home-dominated market. In the 4-bedroom segment, 127 single-family homes sold versus only 35 condos. In the 5-bedroom segment, it was 51 homes and zero condos.
• Inventory: There are 11 to 12 months of inventory for these homes, confirming the buyer's market.

The "Sweet Spot" and the Opportunities

The market knows what it wants. Four-bedroom homes are the most desired, which is why they have the lowest discount, at only 3%.

The real opportunity for buyers with strong negotiating power is in the smaller condos. One-bedroom condos have 20 months of inventory and a 9% discount. Two-bedroom condos have 14 months of inventory and a 6% discount.

Find Your Family Home in Homestead

Now is the time to buy the new home your family needs. Explore the properties available in this buyer's market.

View Properties for Sale in Homestead

Homestead Market FAQs

Is it a good time to buy in Homestead in 2025?

Yes. It has been a consistent buyer's market for 12 months. With 11-12 months of inventory for family homes and a 4% average discount, buyers have time to choose and negotiate.

What type of property dominates in Homestead?

Single-family homes built in the 2000s. 85.7% of all sales are properties with 3 or more bedrooms, and the majority of those are houses, not condos.

Why are active prices lower than closed prices?

This is very rare and very positive. It means sellers aren't "testing" the market with high prices. They are listing their properties at realistic prices ($420K) to sell, which results in healthy final sales ($430K), likely for properties in excellent condition receiving offers near the asking price.

Where is the best negotiation opportunity?

In 1 and 2-bedroom condos. They have the highest inventory (14-20 months) and the biggest discounts (6% to 9%). However, the most desired property (4-bedroom house) has the lowest discount (3%).

Conclusion: The Realistic Buyer's Market

The Homestead report for October 2025 shows a mature and realistic market. It's a buyer's market where you don't have to fight against inflated prices. Sellers are ready to negotiate and buyers have the advantage, especially if they are looking for a family home.

With a balanced inventory and a steady sales pace of 116 days, this is the ideal time to find a recently-built property at a fair price. At NegocioMiami, we can help you navigate this market to find the perfect home for your family.

Contact our team for a strategic consultation on the opportunities in Homestead.