SILVER PALM WEST in Homestead

SILVER PALM WEST
Homes for Sale in Homestead, FL

Community in Homestead · Miami-Dade County · ZIP 33032
Median sale $419K
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Live Market Pulse
25/100
Market Heat
Cooler than normal
2019 → 2026 · 83 at the 2022 peak
0 is SILVER PALM WEST's coldest market since 2019, 100 its hottest. Today: 25. How it's scored

Photo via miami

Built fromLive miami data9 years of closingsUpdated twice daily
Live · SILVER PALM WEST Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$419K
Median sold · 12 mo
down 8.9% vs the prior 12 months
-8.9%
1-yr price change
n = 11 and 11 sales in the two windows
$239/sf
Sold $/sqft · 12 mo
peak $271 in 2025
92.2%
Sale vs ask
Tempo
33days
Median DOM · closed
9 days at the 2021 low
11
Sold · last 12 mo
10-yr average: about 19 a year
Ownership and context
18%
Cash buyers · SILVER PALM WEST
2 of 11 sales, 12 mo ending July 2026
Track record · 9 years of records
1,832sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that matters most in Silver Palm West right now is the -8.9% year-over-year move on price. That is not noise — it is a market resetting after a run-up, and it shows up in a median price of $419,000 against a median $239.45 per square foot. With only 11 closings in the current window, each sale carries real weight in how the comps read, so pricing a listing or evaluating an offer here requires looking at the actual comparable, not a neighborhood average.

A market heat score of 25 puts this squarely in buyer-leverage territory, and a median days-on-market of 33 backs that up — homes are sitting just over a month before going under contract. For sellers, that means condition and pricing precision do the work that a hot market used to do automatically. For buyers, it means there is room to negotiate, but with volume this thin, patience and a sharp read on the specific unit matter more than trying to time the broader trend.

SILVER PALM WEST Housing Pulse · Momentum Research · as of July 20, 2026

SILVER PALM WEST right now

🔴 Off the recent peak. The trailing-12-month median ($419K) is down 8.9% from the prior 12 months ($460K). With about 19 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Medium (11 and 11 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

SILVER PALM WEST market snapshot (as of July 20, 2026): the median sale price is about $419K ($239 per sq ft over the trailing 12 months of closed sales), and a median 33 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level miami closed sales (11 closings in the current window).

Silver Palm West is trading in a corrected market — price is down meaningfully from a year ago and homes are taking a bit over a month to sell, with a small enough pool of closings that individual sales move the picture. No community amenities are currently identified in MLS listings, so value here is coming from the home itself and its lot, not shared features.

Best for

  • A buyer working with a value-driven budget who wants leverage in a market that has already corrected on price.
  • Someone comfortable doing home-by-home diligence rather than relying on a thin set of recent comps.
  • A buyer or seller who can be patient through a typical listing period of just over a month.

Probably not for

  • Anyone who needs on-site community amenities as part of the purchase, since none are currently identified.
  • A buyer who wants a large, deep comp set to validate pricing before making a decision.
  • Someone who needs a fast, near-certain closing timeline in a market currently running on low sales volume.

Windows contain 1 to 44 sales each (11 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$300K$400K20182020202220242026
Down 8.9% year over year.
Every sale since 2017 · price vs size
$0$200K$400K$600K2k3k
190 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$25020182020202220242026
Up from $145 in 2017 to a $271 peak in 2025; $239 now.
Median days on market · closed sales
05010020182020202220242026
9 days at the 2021 low; 33 now.
Sale price vs original ask · median
92%95%98%100%20182020202220242026
92.2% now.
Homes sold per 12-mo window
0204020182020202220242026
1 to 44 a year; 11 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
83 at the 2022 peak, 25 in the troughs, 25 now. Same score as the hero card, full history.
How much local inventory is already under contract

0% of homes for sale in ZIP 33032 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

SILVER PALM WEST Market Scorecard

Balanced

SILVER PALM WEST is currently a balanced market., and homes go under contract in about 10 days.

$419,000
Median sold
$265
List $/sqft
10
Days on mkt
5/2/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in SILVER PALM WEST

Live MLS inventory for SILVER PALM WEST. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending SILVER PALM WEST listings as of 2026-08-23, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Tap any home to ask about it.

If we were buying in SILVER PALM WEST today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in SILVER PALM WEST.

Best Buy
Buyers comfortable moving on a specific home's merits in a market with limited comparable sales to lean on.
Biggest Risk
With only 11 closings tracked, the median figures can shift quickly as new sales post, so treat averages cautiously.
Sweet Spot
Homes priced and presented tightly to the $239.45 per-square-foot benchmark tend to move within the 33-day window.
Avoid If
You need a fast, high-certainty timeline — low sales volume can make timing harder to predict here.

A market that is resetting, not stalling

The combination of a negative year-over-year price move and a low market heat score tells a consistent story: this is a period where sellers are adjusting expectations and buyers have more room to negotiate than they did a year ago. A median of 33 days on market is not a stalled listing — it is a normal, slightly buyer-favoring pace, and it means well-priced, well-presented homes are still moving in a reasonable window.

With just 11 closings in the tracked window, Silver Palm West is a low-volume market at the moment. That is not a red flag on its own, but it does mean broad neighborhood averages should be treated as a starting point, not a verdict. The per-square-foot figure of $239.45 is useful for sanity-checking a specific listing, but the real work — walking the comps, checking condition, understanding why a given unit priced where it did — has to happen at the individual property level here.

The location and the amenities are priced into every listing in SILVER PALM WEST. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin on closings and this clearly in a price correction, the difference between a good outcome and a mediocre one comes down to reading the specific comps correctly and negotiating from real leverage. We track the closing-by-closing detail behind the median, not just the headline number, so pricing and offer strategy in Silver Palm West are built on what is actually happening right now, not a lagging average.

SILVER PALM WEST in 15 seconds.

Best forBuyers comfortable moving on a specific home's merits in a market with limited comparable sales to lean on.
Biggest advantageA negative year-over-year trend and a low heat score give buyers real negotiating room on price and terms.
Biggest riskWith only 11 closings tracked, the median figures can shift quickly as new sales post, so treat averages cautiously.
Sweet spotHomes priced and presented tightly to the $239.45 per-square-foot benchmark tend to move within the 33-day window.
Avoid ifYou need a fast, high-certainty timeline — low sales volume can make timing harder to predict here.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed SILVER PALM WEST sales matched to your home.

What is your SILVER PALM WEST home worth?

Get a no-obligation home value based on real comparable sales in SILVER PALM WEST, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in SILVER PALM WEST on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in SILVER PALM WEST?
The median sale price in SILVER PALM WEST was $419K over the 12 months ending July 20, 2026 (11 closed sales, miami).
How long do homes in SILVER PALM WEST take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 33 days on market (11 sales, miami).
Do cash buyers compete in SILVER PALM WEST?
Cash buyers took 18% of SILVER PALM WEST sales in the 12 months ending July 2026 (2 of 11 closings, miami).
Who is the best real estate agent for SILVER PALM WEST?
The best agent for SILVER PALM WEST is one who actively works Homestead and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for SILVER PALM WEST.
How do I find a top Homestead real estate agent who knows SILVER PALM WEST?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows SILVER PALM WEST and the wider Homestead area.
Can Momentum Realty connect me with an agent for SILVER PALM WEST?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your SILVER PALM WEST purchase or sale - no call center and no pressure.
A buyer working with a value-driven budget who wants leverage in a market that has already corrected on price.Excellent fit
Someone comfortable doing home-by-home diligence rather than relying on a thin set of recent comps.Excellent fit
A buyer or seller who can be patient through a typical listing period of just over a month.Excellent fit
Anyone who needs on-site community amenities as part of the purchase, since none are currently identified.Probably not
A buyer who wants a large, deep comp set to validate pricing before making a decision.Probably not
Someone who needs a fast, near-certain closing timeline in a market currently running on low sales volume.Probably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2017 (190 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in SILVER PALM WEST? 11 recorded closings; median 33 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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