Homestead, FL Real Estate

According to census data in the year 2000 there were 11,099 housing units in Homestead. This represents a 3% growth from 10,775 in 1990.

Of those housing units, 11,072 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.

Homeownership rate in Homestead is about 36.3%. Homestead's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 3.13 people.

The majority of houses, apartments or condos in Homestead were built after 1981.


Housing Size

Housing Units by Size
Studio Type8.30%
One Bedroom27.30%
Two Bedrooms34.40%
Three Bedrooms23.80%
Four Bedrooms5.90%
Five Bedrooms or more0.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1982
Median Value of occupied units$88,200
Median Price asked for vacant units$86,800

Rented Homes, Apartments and Condos

Average Household Size3.42
Median year structure was built1980
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9.30%
Home Equity Loan8.10%
Simple Mortgage54.40%
Debt Free27.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%