Homes for Sale under $5M Across Homestead

1,353 listings

Current homes for sale under $5m across Homestead, drawn straight from the MLS feed and ordered largest residence first — open any card for photos, unit details and its spot on the map.

$1,900,000

8 bd · 4 ba · 6,570 sqft

36995 SW 209th Ave, Homestead, FL 33034

RURAL/AGRICULTURAL ACREAGE

$3,200,000

4 bd · 6 ba · 6,560 sqft

15001 SW 256th St, Homestead, FL 33032

None

$1,550,000

6 bd · 5 ba · 5,659 sqft

31050 SW 193rd Ave, Homestead, FL 33030

Acreage

$1,995,000

5 bd · 5 ba · 5,497 sqft

31310 SW 215th Ave, Homestead, FL 33030

Savannah Ranch Estates

$1,100,000New

4 bd · 3 ba · 5,158 sqft

20791 SW 240th St, Homestead, FL 33031

BONANZA RANCH ESTATE

$1,099,900

6 bd · 3 ba · 4,771 sqft

20255 SW 296th St, Homestead, FL 33030

Acreage

$2,999,000

6 bd · 6 ba · 4,768 sqft

16970 SW 264th St, Homestead, FL 33031

Redlands

$2,300,000

8 bd · 5 ba · 4,762 sqft

20200 SW 280th St, Homestead, FL 33031

Unsubdivided

$2,495,000

4 bd · 5 ba · 4,736 sqft

20175 SW 256th St, Homestead, FL 33031

Shangrila

$799,000New

5 bd · 6 ba · 4,695 sqft

24080 SW 212th Ave, Homestead, FL 33031

Bonanza Ranch

$1,620,000New

3 bd · 5 ba · 4,466 sqft

22275 SW 256th St, Homestead, FL 33031

$1,890,000

4 bd · 5 ba · 4,226 sqft

29482 SW 193rd Ct, Homestead, FL 33030

BISCADO ESTS SEC 1

$2,725,000New

6 bd · 4 ba · 3,994 sqft

27950 SW 182nd Ave, Homestead, FL 33031

Redland Estate

$1,850,000New

5 bd · 6 ba · 3,945 sqft

27505 SW 172nd Ave, Homestead, FL 33031

THE REDLANDS SEC 1

$2,500,000

4 bd · 4 ba · 3,871 sqft

23505 SW 153rd Ave, Homestead, FL 33032

SILVER PALM ESTS PT 1

$1,075,000

6 bd · 4 ba · 3,820 sqft

1730 NW 21st St, Homestead, FL 33030

REDLAND REEF

$1,200,000New

3 bd · 2 ba · 3,820 sqft

34600 SW 193rd Ave, Homestead, FL 33034

NORMA PARK

$3,499,000

7 bd · 7 ba · 3,790 sqft

15720 SW 258th St, Homestead, FL 33031

Redlands

$2,199,000

4 bd · 6 ba · 3,709 sqft

23660 SW 120th Ave, Homestead, FL 33032

Princeton

$730,000New

5 bd · 5 ba · 3,696 sqft

589 SE 35th Ter, Homestead, FL 33033

BAYWINDS AT COZUMEL

$3,495,000New

5 bd · 7 ba · 3,684 sqft

26500 SW 217th Ave, Homestead, FL 33031

19 AC UP 60 AC OPTIONAL

$1,400,000

6 bd · 4 ba · 3,682 sqft

20835 SW 236th St, Homestead, FL 33031

REDLAND

$605,000New

6 bd · 5 ba · 3,678 sqft

13986 SW 276th Way, Homestead, FL 33032

MANDARIN LAKES

$630,000

6 bd · 4 ba · 3,678 sqft

14324 SW 276th Way, Homestead, FL 33032

MANDARIN LAKES

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

1,948

Homes sold, last 12 months

$470K

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.