$5,463 Closing Credit*
$460,000
1,402 SqFt
3 Beds
•2 Full Baths
Atalaya Millington, Listing Office: Premier Agent Realty
Is East Homestead, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Homestead was a Seller's Market.
Key Takeaway
East Homestead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Homestead, FL
How much do homes in East Homestead, FL cost?
Median Sold Price
$450,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+4.7%)
Key Takeaway
Homes in East Homestead have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in East Homestead was $450,000 in November 2024, up 4.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $295K | 0.0% |
| 3 Bedrooms | $380K | $415K | +9.2% |
| 4 Bedrooms | $462.5K | $504.5K | +9.1% |
| 5+ Bedrooms | $545K | $580K | +6.4% |
Summary: East Homestead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Neighborhoods
| South Naranja | $425K | $479K | +12.7% |
| Malibu Bay | $328K | $358K | +9.1% |
| Waterstone | $410K | $440K | +7.3% |
| East Homestead | $430K | $450K | +4.7% |
Housing Supply in East Homestead, FL
How many homes are available in East Homestead, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 136 | 134 | -1.5% |
Summary: The East Homestead real estate market had 134 homes for sale in November 2024, a 1.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 65 | 66 | +1.5% |
| 4 Bedrooms | 44 | 42 | -4.5% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The East Homestead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 6 | -70.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Homestead, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in East Homestead in November 2024, down by 70.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for East Homestead, FL
How long does it take to sell a home in East Homestead, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 39 Days | +72.0% |
Summary: Homes in East Homestead had an average of 39 days on market in Nov 2024, up by 72% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Homestead has remained consistent over time.
Summary: During November 2024, 6 homes were sold in East Homestead; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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