Homes Under $500K in Homestead, FL

There are 770 homes under $500K for sale in Homestead, Florida right now, priced from $250K to $500K. The median list price is $389,000. That puts this segment 17% below the overall Homestead median of $469,900 across 1,383 active listings.

These homes average 1,499 square feet of living area on lots averaging 0.12 acres. Average pricing runs $260 per square foot versus $333 citywide. The median year built is 2016. 1% of them include a private pool.

This segment averages 91 days on market. The median closed-sale price in Homestead is $492,000. Deals close at 97.9% of list price. The absorption rate is 8.6%.

The largest concentration is in Keys Gate Residential, with 26 available listings. The rest is spread across 210 other communities and 7 ZIP codes.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.