Homestead 33032

Miami-dade County, FL · 17,296 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

38affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
37.3%
severe
Days on market
88
daily
Price cuts
20.0%
of active
Valuation
-19.5%
vs assessor
Look up an address
27
/100
Weak
cooling · seller slight · prices easing year-over-year.
Price trend
10
Affordability
25
Valuation
50
Economic health
38

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

52/ 100SellerBalancedBuyer
Balanced Market
Needs 19.6% correction for affordability
DOM: 102d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)25
Supply & Demand (20%)40
Buy vs Rent (15%)25
Cancellation Rate (10%)100
Days on Market (5%)100

Balanced market in 33032. List price is roughly fair — focus on condition and value. Payment burden: 37.4% of median income. A 6% price correction needed to reach 30% affordability threshold. Median days on market: 102. Renting is approximately 24% cheaper than buying (price-to-rent ratio: 14.9).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGSELLER SLIGHT

Market is cooling with expanding inventory. Sellers hold a slight edge. Prices down 4.0% YoY.

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Market snapshoteach number, once

Median price
$461,854
▾ 4.0% YoY
Days on market
88
daily · zip_data
Median rent
$2,584
ZORI
Investor score
61/100
cash-flow lens
Active listings
338
90-day

Valuation3 lenses, different anchors

vs assessor
-19.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$371,637
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+84.7%
County-wide market — the widest, slowest signal.
Miami-Dade+84.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$215
Price-to-income6.2×

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How 33032 ranks in FL
percentile vs all Florida ZIPs · n=1098
Market velocity26%
Supply tightness73%
Affordability18%
Investment yield54%
Appreciation19%

Affordability, supply & momentum

40SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply5.2 mo
Days on Market88d
Inv vs History-6.0%
Listing Density19.9/1k
Affordability — payment burden
Monthly payment (P&I)$2,333
Payment burden37.3%
Median income · ZIP$74,995
Mortgage rate6.49% · 30yr
Total monthly own$2,795
Monthly rent$2,584
Market dynamics
Price cut %20.0%
Momentumcooling
LeverageSELLER SLIGHT
Months of supply5.2
Sales (90d)0
Investment analysis
Median rent$2,584
Price-to-rent14.9
Est. cap rate4.4%
Buy vs rentfavors buying

Livability

Walk score1
Transit score4
Bike score

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Miami-dade County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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