Homes Under $500K in Margate, FL

There are 103 homes under $500K for sale in Margate, Florida right now, priced from $250K to $500K. The median list price is $369,000. That puts this segment 24% below the overall Margate median of $487,999 across 185 active listings.

These homes average 1,242 square feet of living area on lots averaging 4.96 acres. Average pricing runs $303 per square foot versus $320 citywide. The median year built is 1979. 6% of them include a private pool.

This segment averages 90 days on market. The median closed-sale price in Margate is $415,000. Deals close at 97.7% of list price. The absorption rate is 14.5%.

The largest concentration is in Woodlake Isles, with 7 available listings. The rest is spread across 62 other communities and 2 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.