Homestead Homes for Sale under $5M

1,298 listings

Live MLS inventory in Homestead, updated continuously.

$1,199,000

3 bd · 2 ba · 2,314 sqft

24280 SW 182nd Ave, Homestead, FL 33031

Redland

$1,199,000

4 bd · 3 ba · 5,158 sqft

20791 SW 240th St, Homestead, FL 33031

BONANZA RANCH ESTATE

$1,160,000

4 bd · 4 ba · 2,576 sqft

21290 SW 234th St, Homestead, FL 33031

No Subdiv/Park Info

$1,150,000

4 bd · 2 ba · 2,444 sqft

15860 SW 287th St, Homestead, FL 33033

BISCAYNE BEST

$1,150,000

4 bd · 2 ba · 1,867 sqft

26480 SW 187th Ave, Homestead, FL 33031

N/A

$1,100,000

4 bd · 3 ba · 2,412 sqft

29710 SW 183rd Ct, Homestead, FL 33030

REDLAND 1.16 AC

$1,100,000

4 bd · 4 ba · 2,667 sqft

BISCADO ESTS SEC 1

$1,099,900

6 bd · 3 ba · 4,771 sqft

20255 SW 296th St, Homestead, FL 33030

Acreage

$1,095,000

5 bd · 4 ba · 3,391 sqft

18950 SW 240th St, Homestead, FL 33031

REDLAND

$1,075,000

6 bd · 4 ba · 3,820 sqft

1730 NW 21st St, Homestead, FL 33030

REDLAND REEF

$1,050,000

4 bd · 2 ba · 2,082 sqft

19120 SW 270th St, Homestead, FL 33031

GRIGG SUB

$1,045,000

4 bd · 4 ba · 3,295 sqft

20221 SW 318th St, Homestead, FL 33030

CLUB MANOR

$999,999

4 bd · 2 ba · 2,220 sqft

19505 SW 272nd St, Homestead, FL 33031

Redland

$999,000

5 bd · 3 ba · 2,596 sqft

16760 SW 280th St, Homestead, FL 33031

THE REDLANDS SEC 2

$989,000New

3 bd · 2 ba · 1,982 sqft

37255 SW 214th Ave, Homestead, FL 33034

$980,000

4 bd · 3 ba · 2,603 sqft

17775 SW 296th St, Homestead, FL 33030

TBD

$980,000New

4 bd · 2 ba · 1,782 sqft

28451 SW 164th Ave, Homestead, FL 33033

REDLANDS MANSIONS 1ST ADD

$979,000

3 bd · 3 ba · 2,588 sqft

16620 SW 234th St, Homestead, FL 33031

WHEJA SUB

$975,000

4 bd · 2 ba · 2,215 sqft

29450 SW 180th Ave, Homestead, FL 33030

Redlands

$974,900

3 bd · 2 ba · 1,909 sqft

19345 SW 312th St, Homestead, FL 33030

Redland

$970,000

3 bd · 2 ba · 1,545 sqft

20890 SW 236th St, Homestead, FL 33031

BONANZA RANCH ESTATES

$965,000

3 bd · 2 ba · 1,032 sqft

25800 SW 199th Ave, Homestead, FL 33031

Redlands

$950,000

5 bd · 5 ba · 3,456 sqft

19740 SW 321st St, Homestead, FL 33030

Acosta Subdivision

$949,900

4 bd · 4 ba · 2,678 sqft

16900 SW 296th St, Homestead, FL 33030

VIRGINIA ESTATES

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.