Welcome to our 33032 real estate data hub, tailored for investors in Homestead, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 33032 in Homestead, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MIAMI-DADE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Homestead, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Homestead property market.
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Location Overview
- Zip Code: 33032
- City: Homestead
- State: FL
- Metro Area: Miami-Fort Lauderdale-Pompano Beach, FL
- County Name: MIAMI-DADE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $430,151
- Average Home Price (Single Family Homes): $432,560
- Average Monthly Rental Price (All Types): $2,650
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 1.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,800
- Average 3 Bedroom Section 8 Rental Rates: $2,370
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.91
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.12
- Number of Units Offered in Section 8 in the County: 15973
- Number of Occupied Units in Section 8 in the County: 14847
- Percentage of Section 8 Units Occupied in the County: 93%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 393.12
- Total % Appreciation since 2000 (Government Data): 329.26
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.05%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 10.94%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 53.62%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.65%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 286.37%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 65.88%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 211.87%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.31%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 11.91%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%