Homestead Homes for Sale under $5M

1,282 listings

Live MLS inventory in Homestead, updated continuously.

$3,900,000

5 bd · 3 ba · 3,527 sqft

15425 SW 268th St, Homestead, FL 33032

Redland

$3,499,000

7 bd · 7 ba · 3,790 sqft

15720 SW 258th St, Homestead, FL 33031

Redlands

$3,495,000New

5 bd · 7 ba · 3,684 sqft

26500 SW 217th Ave, Homestead, FL 33031

19 AC UP 60 AC OPTIONAL

$3,200,000

4 bd · 6 ba · 6,560 sqft

15001 SW 256th St, Homestead, FL 33032

None

$3,150,000New

5 bd · 4 ba · 3,460 sqft

20740 SW 248th St, Homestead, FL 33031

Vintage Redland

$3,000,000

4 bd · 5 ba · 4,412 sqft

25200 SW 189 ave, Homestead, FL 33031

Redlands

$2,999,000

6 bd · 6 ba · 4,768 sqft

16970 SW 264th St, Homestead, FL 33031

Redlands

$2,950,000

4 bd · 5 ba · 4,736 sqft

Shangrila

$2,725,000

6 bd · 4 ba · 3,994 sqft

27950 SW 182nd Ave, Homestead, FL 33031

Redland Estate

$2,625,000

4 bd · 6 ba · 3,709 sqft

23660 SW 120th Ave, Homestead, FL 33032

Princeton

$2,500,000New

4 bd · 2 ba · 2,069 sqft

13960 SW 248th St, Homestead, FL 33032

PRINCENTON

$2,500,000

4 bd · 4 ba · 3,871 sqft

23505 SW 153rd Ave, Homestead, FL 33032

SILVER PALM ESTS PT 1

$2,499,000New

4 bd · 3 ba · 3,160 sqft

26145 SW 194th Ave, Homestead, FL 33031

Redland

$2,199,000

4 bd · 4 ba · 4,356 sqft

15701 SW 254th St, Homestead, FL 33031

SILVER PALM CITY

$2,195,000

4 bd · 2 ba · 2,383 sqft

15150 SW 240th St, Homestead, FL 33032

Silver Palm

$2,150,000

3 bd · 2 ba · 1,682 sqft

33800 SW 212th Ave, Homestead, FL 33034

Homestead

$2,100,000

4 bd · 3 ba · 3,674 sqft

26950 SW 157th Ave, Homestead, FL 33031

Redland

$2,050,000

3 bd · 3 ba · 3,320 sqft

28975 SW 182nd Ave, Homestead, FL 33030

N/A

$1,999,999

5 bd · 4 ba · 3,614 sqft

16490 SW 244th St, Homestead, FL 33031

redland

$1,995,000New

3 bd · 3 ba · 2,405 sqft

23550 SW 187th Ave, Homestead, FL 33031

The Redlands

$1,995,000

5 bd · 5 ba · 5,497 sqft

31310 SW 215th Ave, Homestead, FL 33030

Savannah Ranch Estates

$1,950,000

3 bd · 2 ba · 2,064 sqft

25950 SW 187 AVE, Homestead, FL 33031

Unincorporated

$1,900,000

8 bd · 4 ba · 6,570 sqft

36995 SW 209th Ave, Homestead, FL 33034

RURAL/AGRICULTURAL ACREAGE

$1,900,000

4 bd · 3 ba · 3,113 sqft

27745 SW 167th Ave, Homestead, FL 33031

N/A

Homes for Sale under $5M in Homestead: How This Market Works

When buyers get priced out of everything north of the Turnpike's end, Homestead is the answer — builders keep delivering new communities at figures the urban core cannot touch, backed by the Speedway, the Air Force base and two national parks at the door. Deep rental demand and an express bus up the busway round out the case.

A ceiling of $5.0M reframes the Homestead search around efficiency — which listings deliver the most location, space or building quality without crossing the line. Markets shaped by new-build communities at South Dade's entry point always carry mispriced corners: a solid older tower with unfashionable finishes, a townhouse a few blocks off the prestige grid, a listing lingering for reasons that turn out to be fixable. Everything qualifying under the cap is gathered here in one view.

Homestead Market Snapshot

1,968

Homes sold, last 12 months

$471K

Median sale price

50 days

Median time on market

Frequently Asked Questions

How do I spot genuine value under $5.0M in Homestead?

Look for a mismatch between price and fundamentals — a well-run building priced alongside the weak ones, a dated interior on a superior line or lot, long market time that traces to bad photography rather than bad property. We tell you plainly which listings under $5.0M are bargains and which are cheap for reasons that will follow you to resale.

Will my monthly cost stay in budget after buying under $5.0M?

Only if you underwrite everything: association dues, property taxes that reset off your purchase price, insurance keyed to roof age and flood zone, and buyer-side closing costs. We prepare a full carrying-cost worksheet on any listing you shortlist, so the cap you set holds up in month twelve — not just at the closing table.

Can I see a Homestead property before committing to anything?

Of course. Use the inquiry form on any listing or call +1 786-370-8570 and we will set up a private showing around your calendar. Buyers who live elsewhere can request a recorded video walkthrough of any residence. Looking carries no commitment — deciding comes later, on your terms.