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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 8.30% |
| One Bedroom | 27.30% |
| Two Bedrooms | 34.40% |
| Three Bedrooms | 23.80% |
| Four Bedrooms | 5.90% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $88,200 |
| Median Price asked for vacant units | $86,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.42 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 54.40% |
| Debt Free | 27.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.6% |
