LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 33031 sells for about $909,055, or $297 per square foot.

Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,745 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 33031 — Homestead

Miami-Dade County →refreshed Sep 30, 20262 cycles retainednext refresh Oct 30, 2026
Market mood · cautiously optimistic

The 33031 housing market remains expensive relative to local incomes, with a high price-to-income ratio driving a 'frothy' market score. While inventory is tight and price cuts are relatively infrequent, the market has seen modest year-over-year growth. Buyers are primarily focused on single-family homes, though affordability remains a significant constraint for many.

Who this ZIP fits

This ZIP is best suited for family buyers and those seeking larger lots or agricultural-lifestyle properties, as it offers more space than the dense urban core of Miami.

Parent geography
Homestead · no city intel reportMiami-Dade County →Florida state →
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 57.5 km²Water area · 0.1 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$909,055
+1.4% year over year
Corroborated · 1 anchor · 0% off nearest
Days on market
43 days
Active listings
84
Listings with price cuts
16%
share of active listings
Sale-to-list ratio
97.5%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
61
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
57
Growth/100

Median prices moved up 1.4% year over year.

37
Liquidity/100

Homes spend a median of 43 days on market with 16.8 months of supply — a balanced-paced market.

69
Momentum/100

16% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.

79
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 7.9% — a stable, low-distress profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

20212022202320242025202620282030$600,000$800,000$1,000,000$1,200,000$1,400,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2021202220232024202520272029$2,000$2,250$2,500$2,750$3,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2020-2024 5-year estimates
Population change
+1.2%

versus the prior ACS vintage

Net migration
+150 people

net influx — more people moved in than out

Population base
7,323

ZCTA 33031, Miami-Dade County FL

Area context
Schools & education

Schools serving the area are part of the Miami-Dade County Public Schools system, which maintains a diverse range of magnet and traditional public school options.

Environmental & hazard

The area is subject to significant hurricane and wind risk, necessitating robust property insurance coverage and adherence to strict building codes.

Growth & development

The area is experiencing steady residential development, particularly in the Redland and Homestead periphery, with a focus on single-family housing and agricultural-residential land use.

Taxation

Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.

Transportation & commute

Commutes are primarily car-dependent, with residents relying on the Florida Turnpike and US-1 for access to employment centers in Kendall and Downtown Miami.

Recreation & amenities

The area features extensive agricultural tourism, proximity to Everglades National Park, and local parks like the Redland Fruit and Spice Park.

Rental market

The rental market is characterized by a mix of single-family home rentals and agricultural-adjacent housing, with limited high-density apartment inventory.

Economy & employers

The local economy is heavily anchored by agriculture, tourism, and support services for the nearby Homestead Air Reserve Base.

Transportation & infrastructure

Transportation is dominated by private vehicle use, with limited public transit options beyond regional bus connections to the Metrorail system.

Development pipeline

Development is focused on low-density residential growth and the preservation of agricultural land buffers.

County appraisal district

The Miami-Dade County Property Appraiser manages assessments, with annual adjustments based on market sales and homestead exemption filings.

Special districts

Parcels are subject to Miami-Dade County school and municipal taxes, with some areas served by specific water and drainage districts.

Insurance & hazard market

Property insurance premiums are high due to regional hurricane exposure, with many residents relying on the state-backed Citizens Property Insurance Corporation.

Discovery profileACS 2020-2024 5-year estimates
Census profile · ZCTA 33031, Miami-Dade County FL
Population
7,323
Median age
42.1 yrs
Owner-occupancy
72.4%
Median home value
$750,000
Median gross rent
$2,400
Median household income
$109,945
Median year built
1987
Vacancy rate
4.2%
Renter share
27.6%
Owner cost burden
32.1%
Renter cost burden
45.8%
Population change
+1.2%
Net migration
150
Work-from-home share
18.5%
Mean commute
38.2 min
Bachelor's or higher
28.4%
Unemployment
6.7%
Poverty rate
7.9%
Avg household size
3.1
Hispanic or Latino
68.2%
White
22.1%
Black or African American
6.5%
Other
3.2%

Data retrieved from data.census.gov ZCTA-level tables.

Public schools with an address here · 1

Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.

Redland ElementaryElementaryBMiami-Dade County Public SchoolsServes the local community with a focus on agricultural-based curriculum.
School districts
Miami-Dade County Public SchoolsBLarge urban district serving the entire county.
Utilities & services
ElectricFlorida Power & LightPrimary provider for the region.
Water/SewerMiami-Dade Water and SewerMunicipal service provider.
Major employers & industries
Homestead Air Reserve BaseGovernment/DefenseMajor regional employer.
Local Agricultural OperationsAgricultureSignificant seasonal and permanent workforce.
Major amenities · ZIP 33031
Theme, amusement & water parks
16 · 20 mi
Entertainment venues, stadiums & amphitheaters
19 · 20 mi
Family fun & things to do
20+ · 13 mi
Museums, galleries & history
20+ · 20 mi
Parks, trails & nature
20+ · 13 mi
Lakes, marinas & beaches
7 · 20 mi
Shopping & dining districts
11 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.

Amenities & attractions2 retained amenities · 1 development on the horizon
Inside this ZIP
Fruit and Spice Park
Park

A unique 37-acre botanical garden featuring exotic fruits and spices.

Everglades National Park
National Park

Provides extensive outdoor recreation and nature trails bordering the area.

On the horizon · announced & under construction
Redland Residential ExpansionResidentialUnder ConstructionOngoing development of single-family home communities on the western edge of the ZIP.
Sources · 4 cited

Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).