Homestead Homes for Sale under $5M

1,295 listings

Live MLS inventory in Homestead, updated continuously.

$1,400,000

6 bd · 4 ba · 3,682 sqft

20835 SW 236th St, Homestead, FL 33031

REDLAND

$1,399,900

5 bd · 4 ba · 3,381 sqft

23400 SW 142nd Ave, Homestead, FL 33032

N/A

$1,390,000

4 bd · 4 ba · 2,474 sqft

19390 SW 312th St, Homestead, FL 33030

Homestead

$1,389,900

4 bd · 2 ba · 2,418 sqft

28104 SW 168th Ct, Homestead, FL 33030

THE REDLANDS SEC 2

19803 SW 321 Street, Homestead, FL 33030

$1,375,000New

5 bd · 5 ba · 2,838 sqft

19803 SW 321 Street, Homestead, FL 33030

Acosta

$1,359,000

5 bd · 3 ba · 2,978 sqft

28004 SW 169th Ct, Homestead, FL 33030

THE REDLANDS SEC 2

$1,350,000New

4 bd · 2 ba · 2,896 sqft

24420 SW 192nd Ave, Homestead, FL 33031

REDLAND

$1,350,000

5 bd · 4 ba · 3,095 sqft

15720 SW 252nd St, Homestead, FL 33031

SILVER PALM CITY

$1,350,000

5 bd · 5 ba · 3,384 sqft

17277 SW 288th St, Homestead, FL 33030

Estates of Biscayne

$1,350,000

4 bd · 4 ba · 2,256 sqft

24655 SW 212th Ave, Homestead, FL 33031

Bonanza Estates

$1,349,000

5 bd · 3 ba · 2,785 sqft

19280 SW 304th St, Homestead, FL 33030

REDLANDS

$1,299,990New

6 bd · 4 ba ·

2150 NW 16th Pl, Homestead, FL 33030

REDLAND REEF

$1,299,970

6 bd · 5 ba · 3,644 sqft

29215 SW 167th Ct, Homestead, FL 33030

RAMBO

$1,299,000

3 bd · 2 ba · 2,014 sqft

28905 SW 169 Ave, Homestead, FL 33030

Redland

$1,295,000

4 bd · 4 ba · 3,194 sqft

21360 SW 236th St, Homestead, FL 33031

Bonzaza/Bonzana Ranch Est

$1,269,000

4 bd · 4 ba · 3,291 sqft

21295 SW 376th St, Homestead, FL 33034

N/A

$1,250,000

4 bd · 5 ba · 3,044 sqft

17300 SW 292nd St, Homestead, FL 33030

Acreage & Unrec

$1,250,000

4 bd · 2 ba · 2,438 sqft

20440 SW 292nd St, Homestead, FL 33030

BOB-ANN ESTATES

$1,250,000

4 bd · 3 ba · 2,658 sqft

29705 SW 187th Ave, Homestead, FL 33030

GIFFEN MANORS

$1,249,500

4 bd · 3 ba · 2,435 sqft

25900 SW 182nd Ave, Homestead, FL 33031

N/A

$1,245,000New

3 bd · 3 ba · 2,759 sqft

23800 SW 207th Ave, Homestead, FL 33031

REDLAND GENTLEMAN FARMHOUS

$1,200,000

2 bd · 1 ba · 1,946 sqft

21025 SW 300th St, Homestead, FL 33030

REDLAND COMPOUND

$1,200,000

4 bd · 3 ba · 2,780 sqft

17223 SW 288th St, Homestead, FL 33030

Estates of Biscayne

$1,200,000

3 bd · 2 ba · 2,314 sqft

23801 SW 217th 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

1,978

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.