Homestead Homes for Sale under $5M

1,361 listings
15425 SW 268th St, Homestead, FL 33032
183 Days on Market

House for Sale

$3,800,000

5 bd · 3 ba · 3,527 sqft

15425 SW 268th St, Homestead, FL 33032

Redland

20970 SW 264th St, Homestead, FL 33031
19 Days on Market

House for Sale

$3,700,000

4 bd · 4 ba · 3,567 sqft

20970 SW 264th St, Homestead, FL 33031

REDLAND

15720 SW 258th St, Homestead, FL 33031
30 Days on Market

House for Sale

$3,499,000

7 bd · 7 ba · 3,790 sqft

15720 SW 258th St, Homestead, FL 33031

Redlands

26500 SW 217th Ave, Homestead, FL 33031
Newly Listed

House for Sale

$3,495,000

5 bd · 7 ba · 3,684 sqft

26500 SW 217th Ave, Homestead, FL 33031

19 AC UP 60 AC OPTIONAL

15001 SW 256th St, Homestead, FL 33032
85 Days on Market

House for Sale

$3,200,000

4 bd · 6 ba · 6,560 sqft

15001 SW 256th St, Homestead, FL 33032

None

20740 SW 248th St, Homestead, FL 33031
44 Days on Market

House for Sale

$3,150,000

6 bd · 4 ba · 3,460 sqft

20740 SW 248th St, Homestead, FL 33031

Vintage Redland

29415 SW 197th Ave, Homestead, FL 33030
22 Days on Market

House for Sale

$3,000,000

4 bd · 3 ba · 2,745 sqft

29415 SW 197th Ave, Homestead, FL 33030

Acreage & Unrec

16970 SW 264th St, Homestead, FL 33031
100 Days on Market

House for Sale

$2,999,000

6 bd · 6 ba · 4,768 sqft

16970 SW 264th St, Homestead, FL 33031

Redlands

19345 SW 240th St, Homestead, FL 33031
19 Days on Market

House for Sale

$2,799,000

4 bd · 5 ba · 2,611 sqft

19345 SW 240th St, Homestead, FL 33031

Redland

27950 SW 182nd Ave, Homestead, FL 33031
Newly Listed

House for Sale

$2,725,000

6 bd · 4 ba · 3,994 sqft

27950 SW 182nd Ave, Homestead, FL 33031

Redland Estate

15700 SW 264th St, Homestead, FL 33031
9 Days on Market

House for Sale

$2,699,900

4 bd · 2 ba · 2,400 sqft

15700 SW 264th St, Homestead, FL 33031

Redland

13960 SW 248th St, Homestead, FL 33032
Newly Listed

House for Sale

$2,500,000

4 bd · 2 ba · 2,069 sqft

13960 SW 248th St, Homestead, FL 33032

PRINCENTON

23505 SW 153rd Ave, Homestead, FL 33032
9 Days on Market

House for Sale

$2,500,000

4 bd · 4 ba · 3,871 sqft

23505 SW 153rd Ave, Homestead, FL 33032

SILVER PALM ESTS PT 1

26145 SW 194th Ave, Homestead, FL 33031
43 Days on Market

House for Sale

$2,499,000

4 bd · 3 ba · 3,160 sqft

26145 SW 194th Ave, Homestead, FL 33031

Redland

20175 SW 256th St, Homestead, FL 33031
19 Days on Market

House for Sale

$2,495,000

4 bd · 5 ba · 4,736 sqft

20175 SW 256th St, Homestead, FL 33031

Shangrila

20200 SW 280th St, Homestead, FL 33031
Newly Listed

House for Sale

$2,300,000

8 bd · 5 ba · 4,762 sqft

20200 SW 280th St, Homestead, FL 33031

Unsubdivided

23660 SW 120th Ave, Homestead, FL 33032
66 Days on Market

House for Sale

$2,199,000

4 bd · 6 ba · 3,709 sqft

23660 SW 120th Ave, Homestead, FL 33032

Princeton

15701 SW 254th St, Homestead, FL 33031
282 Days on Market

House for Sale

$2,199,000

4 bd · 4 ba · 4,356 sqft

15701 SW 254th St, Homestead, FL 33031

SILVER PALM CITY

15150 SW 240th St, Homestead, FL 33032
277 Days on Market

House for Sale

$2,195,000

4 bd · 2 ba · 2,383 sqft

15150 SW 240th St, Homestead, FL 33032

Silver Palm

19255 SW 260TH Street, Homestead, FL 33031
31 Days on Market

House for Sale

$2,150,000

3 bd · 2 ba · 1,897 sqft

19255 SW 260TH Street, Homestead, FL 33031

26950 SW 157th Ave, Homestead, FL 33031
84 Days on Market

House for Sale

$2,100,000

4 bd · 3 ba · 3,674 sqft

26950 SW 157th Ave, Homestead, FL 33031

Redland

23710 SW 214TH PLACE, HOMESTEAD, FL 33031
Newly Listed

House for Sale

$2,090,000

4 bd · 3 ba · 3,238 sqft

23710 SW 214TH PLACE, HOMESTEAD, FL 33031

16490 SW 244th St, Homestead, FL 33031
419 Days on Market

House for Sale

$1,999,999

5 bd · 4 ba · 3,614 sqft

16490 SW 244th St, Homestead, FL 33031

redland

31310 SW 215th Ave, Homestead, FL 33030
122 Days on Market

House for Sale

$1,995,000

5 bd · 5 ba · 5,497 sqft

31310 SW 215th Ave, Homestead, FL 33030

Savannah Ranch Estates

Talk to a local agent

Looking at Homestead Homes for Sale under $5M?

Tell us what you're after — we'll send matching homes, off-market options and recent sales, and set up private showings.

Matthew Gromadzki, Real Estate Broker
Matthew Gromadzki
Real Estate Broker
(786) 370-8570
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Live MLS inventory in Homestead, updated continuously. Florida Lux Real Estate currently tracks 1,361 active listings here. MLS inventory updated October 23, 2026.

Homes for Sale under $5M in Homestead: What to Know Before You Search

Homestead is South Dade's growth engine — new-construction communities priced under anything closer to the core, with the Speedway, an Air Force base and the gateway to two national parks. Its rental market runs deep, and commuter bus service now ties into the busway heading south.

Setting the ceiling at $5.0M turns Homestead into a value hunt — and the value tends to hide in specific corners: an older building whose fees undersell its address, a property type the market keeps overlooking, a block just off the prime grid. Known for South Dade's new-construction and first-home capital, Homestead always has an under-the-radar pocket, and this page keeps every listing beneath the cap in one place so none of it slips past you.

Homestead Market Snapshot

1,951
Homes sold, last 12 months
$470K
Median sale price
50 days
Median time on market

Frequently Asked Questions

What can I realistically buy in Homestead under $5.0M?

The honest inventory is right here, updated continuously, and the mix shifts month to month. As a rule of thumb condos stretch a capped budget furthest, townhomes buy the most space, and houses under a ceiling trade quickest. We'll tell you candidly which listings are priced low for a reason.

What costs sit beyond the price in Homestead?

Budget association dues on condos and townhomes, insurance that shifts with roof age and flood zone, and buyer closing costs of roughly two to three percent. We build a true monthly-cost sheet for any listing before you offer, so your ceiling still holds after closing.

How do I arrange a showing in Homestead?

Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.

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