Homes Under $500K in North Miami, FL

There are 111 homes under $500K for sale in North Miami, Florida right now, priced from $250K to $499K. The median list price is $368,000. That puts this segment 38% below the overall North Miami median of $597,500 across 281 active listings.

These homes average 1,219 square feet of living area on lots averaging 0.13 acres. Average pricing runs $307 per square foot versus $839 citywide. The median year built is 1971. 3% of them include a private pool.

This segment averages 122 days on market, 14 days longer than the North Miami average of 108. The median closed-sale price in North Miami is $542,500. Deals close at 94.6% of list price. The absorption rate is 6.8%.

The largest concentration is in The Oaks I Condo, with 22 available listings. The rest is spread across 50 other communities and 5 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.