33032 (Homestead)
Housing Market & Home Values
Median sale price $522,000, up 0.7% year over year, with homes going under contract in about 56 days, 269 homes on the market.
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Housing Market Analyst
Inventory sits at 12.0 months of supply — heavy by the 3-to-6-month balanced benchmark, and 30% of listed homes are already under contract. Prices are up 0.7% versus the prior year and sellers are still collecting 96.1% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 30% of inventory sits under contract.
- Mortgage sensitivity — at 7.6× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33032 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 33032 is hot — and where it isn't
Each dot is a community (64 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 33032 (Homestead)
The median sale price across 33032 currently stands at $522,000, up 0.7% from a year ago. Buyers are paying a median of $281 per square foot. The typical home goes under contract in about 56 days. Sellers are capturing 96.1% of their original asking price on average.
There are 269 active listings on the market, with 82 more already under contract. At the current sales pace that works out to 12.0 months of supply — a buyer-leaning market by the standard six-month benchmark. 1 homes closed here over the trailing 12 months.
Zillow's home value index for Miami-Dade County stands at $521,011. About 16% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33032 is 45 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 5, 2026.
33032 since 2012 — and where it’s heading
A median home here sold for $136,550 in 2012 and $583,504 over the last recorded year — 327% appreciation across 14 years of recorded sales. Cash buyers took 40% of recent sales, down from a 58% peak.
Median sale price · 2012–2026 (7,189 recorded sales)
Days on market by year
Home value trend · Miami-Dade County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Miami-Dade County (MLS)
Median price · daily recalculation
What’s driving 33032
Top inbound states: NY, CA, TX, NJ. Movers arriving report ~$127,200 average income. Source: IRS SOI county-to-county migration, 2022-2023
56,357 Citizens policies in force in Miami-Dade County — the state-backed insurer of last resort. Budget insurance into any Miami-Dade purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
2,666 single-family · 13,869 multi-family · 6.2 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Miami-Dade
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33032 ← this page | $522K | 269 | 45 | |
| 33160 | $455K | 1,312 | 39 | Open → |
| 33131 | $628K | 810 | 46 | Open → |
| 33140 | $570K | 727 | 45 | Open → |
| 33180 | $485K | 615 | 36 | Open → |
| 33130 | $601K | 507 | 33 | Open → |
Neighborhoods on the move
| RedlandsMiami | $1.26M | ▲ 35% |
| SILVER PALM WESTHomestead | $549K | ▲ 26% |
| VILLAS DEL CAMPO SUBHomestead | $510K | ▲ 16% |
| THE REDLANDSHomestead | $1.14M | ▲ 15% |
| MEADOW WOOD MANOR #4Homestead | $557K | ▲ 9% |
| SPICEWOOD SUBHomestead | $367K | ▼ 28% |
| THE LANDINGSSarasota | $1.24M | ▼ 14% |
| BLUEWATERS SUBDIVISIONHomestead | $510K | ▼ 12% |
| MC RESIDENTIALHomestead | $448K | ▼ 9% |
| Hemingway PointHomestead | $560K | ▼ 6% |
| REDLANDHomestead | $977K | 26 |
| SILVER PALM RESIDENTIAL HHomestead | $412K | 20 |
| COCO PALM ESTATESHomestead | $400K | 17 |
| SIENA RESERVEMiami | $435K | 17 |
| RedlandsMiami | $1.26M | 13 |
| MEADOW WOOD MANORHomestead | $550K | 34 days |
| MC RESIDENTIALHomestead | $448K | 34 days |
| VILLAS DEL CAMPO SUBHomestead | $510K | 35 days |
| SPICEWOOD SUBHomestead | $367K | 38 days |
| MEADOW WOOD MANOR #4Homestead | $557K | 42 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33032 right now?
The data says conditions currently favor neither side decisively in 33032 — the Momentum Score reads 45/100 with 12.0 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33032 becoming more affordable?
No — the median sale price in 33032 is $522,000, up 0.7% versus the prior year, while sellers still capture 96.1% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33032?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are SPICEWOOD SUB (-28%); THE LANDINGS (-14%); BLUEWATERS SUBDIVISION (-12%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33032 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are MEADOW WOOD MANOR (34 days); MC RESIDENTIAL (34 days); VILLAS DEL CAMPO SUB (35 days) — homes there go under contract well ahead of the market-wide pace of 56 days.
33032 (Homestead) housing market FAQ
How is the housing market in 33032 right now?
As of October 5, 2026, the 33032 housing market is roughly balanced: the median sale price is $522,000 (up 0.7% year over year), 269 homes are for sale against 1 sales in the last 12 months, which is 12.0 months of supply, and the typical home goes under contract in about 56 days.
How much is a house in 33032?
The median home sold for $522,000 in 33032 over the last 12 months, about $281 per square foot; asking prices on the 269 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 33032?
By the numbers, sellers in 33032 are getting 96.1% of asking price and going under contract in about 56 days with 12.0 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 33032 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33032 median sale prices are up 0.7% year over year, inventory stands at 12.0 months of supply, and 30% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 33032?
The median sale price in 33032 is currently $522,000, up 0.7% from a year ago, based on MLS sales data updated October 5, 2026.
Is 33032 a buyer's or seller's market right now?
The data currently is roughly balanced. 33032 scores 45 of 100 on the Momentum Score, with 12.0 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33032?
The typical home in 33032 goes under contract in about 56 days, per current MLS data.
How many homes are for sale in 33032?
There are approximately 269 active listings in 33032 as of October 5, 2026.
Are home prices in 33032 rising or falling?
Median sale prices are up 0.7% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33032 (Homestead). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 5, 2026 at 1:44 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.