Home Value Trail

States › Florida › Miami-Dade County › Homestead

Permit-issuing place

Homestead

Miami-Dade County · Miami-Fort Lauderdale-West Palm Beach, FL · Florida · 86,242 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Miami-Dade County index 1975–2025
FHFA house price index for Miami-Dade County, which contains Homestead, 1975 to 2025Recession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,5002,00019801990200020102020United States2025: 1,676
Miami-Dade County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Miami-Dade County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

Homestead, Florida (Miami-Dade County), authorised 459 housing units through building permits in the 12 months to August 2026, −52.6% on the previous 12 months.

403 of those units were single-family houses (88%), 0 were in two- to four-unit buildings and 56 in buildings of five or more units. That is 5.3 units per 1,000 residents, above the county's 4.0 and below the state's 6.7.

Since 1995 the place has authorised 17,799 units, with the busiest year 2005 (3,798 units). Miami-Dade County's FHFA house price index rose +147.7% over the ten years to 2025.

459units permitted, 12 months to August 2026−52.6% on the previous 12 months
403single-family units88% of the total
56units in 5+ unit buildings12% of the total
5.3units per 1,000 residentsMiami-Dade County 4.0 · Florida 6.7

Permits by month and structure type

Housing units authorised in Homestead by month, latest 24 months0100200300Sep 2024: 113 units (113 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 42 units (42 single-family, 0 in multi-unit buildings)Nov 2024: 58 units (58 single-family, 0 in multi-unit buildings)Dec 2024: 10 units (10 single-family, 0 in multi-unit buildings)Dec 2024Jan 2025: 42 units (42 single-family, 0 in multi-unit buildings)Feb 2025: 76 units (76 single-family, 0 in multi-unit buildings)Mar 2025: 51 units (51 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 139 units (139 single-family, 0 in multi-unit buildings)May 2025: 30 units (30 single-family, 0 in multi-unit buildings)Jun 2025: 44 units (44 single-family, 0 in multi-unit buildings)Jun 2025Jul 2025: 157 units (37 single-family, 120 in multi-unit buildings)Aug 2025: 207 units (30 single-family, 177 in multi-unit buildings)Sep 2025: 30 units (30 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 22 units (22 single-family, 0 in multi-unit buildings)Nov 2025: 56 units (56 single-family, 0 in multi-unit buildings)Dec 2025: 81 units (25 single-family, 56 in multi-unit buildings)Dec 2025Jan 2026: 15 units (15 single-family, 0 in multi-unit buildings)Feb 2026: 4 units (4 single-family, 0 in multi-unit buildings)Mar 2026: 43 units (43 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 51 units (51 single-family, 0 in multi-unit buildings)May 2026: 34 units (34 single-family, 0 in multi-unit buildings)Jun 2026: 39 units (39 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 30 units (30 single-family, 0 in multi-unit buildings)Aug 2026: 54 units (54 single-family, 0 in multi-unit buildings)

Housing units authorised in Homestead by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026HomesteadMiami-Dade CountyFloridaUnited States
All housing units45911,258158,3701,418,086
Single-family (1 unit)403 (88%)2,074 (18%)108,676 (69%)888,241 (63%)
2 units03822,20834,814
3–4 units015693817,298
5 or more units56 (12%)8,646 (77%)46,548 (29%)477,733 (34%)
Units per 1,000 residents5.34.06.74.1
Change on previous 12 months−52.6%−16.9%−7.4%−0.1%

Permits by year since 1995

Housing units authorised in Homestead by year, 1995–202502,0004,0001995: 42 units (36 single-family, 6 in multi-unit buildings)19951996: 12 units (12 single-family, 0 in multi-unit buildings)1997: 21 units (21 single-family, 0 in multi-unit buildings)1998: 37 units (37 single-family, 0 in multi-unit buildings)1999: 62 units (62 single-family, 0 in multi-unit buildings)2000: 90 units (90 single-family, 0 in multi-unit buildings)20002001: 491 units (145 single-family, 346 in multi-unit buildings)2002: 300 units (214 single-family, 86 in multi-unit buildings)2003: 1,565 units (1,228 single-family, 337 in multi-unit buildings)2004: 2,719 units (1,941 single-family, 778 in multi-unit buildings)2005: 3,798 units (2,776 single-family, 1,022 in multi-unit buildings)20052006: 1,653 units (991 single-family, 662 in multi-unit buildings)2007: 709 units (587 single-family, 122 in multi-unit buildings)2008: 26 units (26 single-family, 0 in multi-unit buildings)2009: 107 units (94 single-family, 13 in multi-unit buildings)2010: 158 units (127 single-family, 31 in multi-unit buildings)20102011: 96 units (64 single-family, 32 in multi-unit buildings)2012: 225 units (161 single-family, 64 in multi-unit buildings)2013: 372 units (308 single-family, 64 in multi-unit buildings)2014: 246 units (246 single-family, 0 in multi-unit buildings)2015: 672 units (418 single-family, 254 in multi-unit buildings)20152016: 410 units (369 single-family, 41 in multi-unit buildings)2017: 264 units (264 single-family, 0 in multi-unit buildings)2018: 343 units (333 single-family, 10 in multi-unit buildings)2019: 225 units (225 single-family, 0 in multi-unit buildings)2020: 562 units (562 single-family, 0 in multi-unit buildings)20202021: 559 units (559 single-family, 0 in multi-unit buildings)2022: 168 units (168 single-family, 0 in multi-unit buildings)2023: 119 units (119 single-family, 0 in multi-unit buildings)2024: 813 units (813 single-family, 0 in multi-unit buildings)2025: 935 units (582 single-family, 353 in multi-unit buildings)2025

Housing units authorised in Homestead by year, 1995–2025single-family2+ unit buildings

17,799 units since 1995; the busiest year was 2005. Annual figures include units imputed for months a place did not report.

Home prices in Miami-Dade County

FHFA's index for Miami-Dade County rose +147.7% over the ten years to 2025 (+9.5% a year) and +2.8% in the latest year, against +126.8% and −0.5% for Florida. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Homestead, FL?

459 housing units were authorised by building permits in the 12 months to August 2026, against 969 in the previous 12 months.

What kind of housing is being permitted in Homestead?

403 single-family units, 0 in two-unit buildings, 0 in three- and four-unit buildings and 56 in buildings of five or more units.

How does Homestead compare with its county and state?

5.3 units per 1,000 residents in Homestead, 4.0 in Miami-Dade County and 6.7 in Florida.

How have home prices moved in Miami-Dade County?

FHFA's index for Miami-Dade County rose +147.7% over the ten years to 2025 and +2.8% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 363000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.