Florida Housing Data · ZIP Scorecard

Homestead, FL (33035) housing scorecard.

Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 33035, free, from Zillow, Realtor.com and Census data.

Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED. Score by Momentum Realty (methodology).
Updated 2026-08-22
55/ 100
Momentum Market Score
Buyer value
Homestead, FL (33035) is leaning to the buyer on price and leverage.

At about 4.9 times the local median income, prices sit close to the Florida norm. Gross rent yield is around 8.44%. Values are up roughly 6.6% a year over the last five years. Owning the typical home at today's 6.65% 30-year rate takes about 30.2% of a median income in principal and interest, the affordability squeeze in one number. About 18.6% of listings have cut their price.

$331,237
Home value
1yr -6.6%
6.6%
5yr growth/yr
ZHVI CAGR
$2,328
Median rent
monthly (ZORI)
8.44%
Cap rate
gross yield
4.9x
Price to income
value vs incomes
-1.8%
Over/undervalued
vs FL norm
30.2%
Affordability
income to own/yr
80
Days on market
median (Realtor)
18.6%
Price cuts
share of listings
$67,601
Median income
household (Census)
18,756
Population
Census ACS
44
New listings
last month

Typical home value, last 13 months

What drives the score

Cheapness vs income54
Price-cut leverage14
Inventory growth73
Affordability54
Rent yield89

Each bar ranks this ZIP against every other Florida ZIP (0 = lowest, 100 = highest) on that input, then weighted into the score. Full methodology.

Common questions

Is Homestead, FL (33035) a buyer's or seller's market?

By the Momentum Market Score, Homestead, FL (33035) reads buyer value (55 out of 100), meaning it is leaning to the buyer on price and leverage. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.

What is the typical home value in Homestead?

About $331,237 (Zillow Home Value Index, 2026-08-22), up roughly 6.6% a year over five years.

Where does this data come from?

Zillow Research (home value, rent), Realtor.com (days on market, listings), U.S. Census (income, population), Freddie Mac via FRED (rate). Score and derived metrics by Momentum Realty, methodology here.

Data: Zillow Research, Realtor.com, U.S. Census Bureau ACS, and Freddie Mac 30-Year Fixed Rate Mortgage Average [MORTGAGE30US] via FRED. Score by Momentum Realty.

Housing distress & ownership in ZIP 33035

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.72%
2 of 278 listings · short sale 2
Months of supply
10.8
buyer’s market · active inventory ÷ sales pace (trailing 12 mo)
Actives with a price cut
39.6%
median cut 6.5% off original price · 106 of 268 active listings
Out-of-state owners
4.1%
mailing address outside FL
Non-homestead
69.3%
not owner-occupied (investor/2nd-home proxy)
Median just value
$234,730
10,112 parcels
Median closed sale price — $345,750 · ▼ 9.8% yr (12-mo rolling)
Distress share trend — 0.72% now (2026-08-10 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period August 2026 through August 2026. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

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