What $500K Buys in Miami-Dade County, FL

A $500K budget buys a very different house depending on which Miami-Dade County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.

There are 2,201 homes for sale in Miami-Dade County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 1,196 sq ft, built 2003, at $417/sq ft; 5% of them are new construction and the median has been on the market 56 days. The most house for the money is in Florida City (1,902 sq ft median); the least in Bal Harbour (578 sq ft); the newest in Florida City (median build year 2022).

What $500K buys, city by city

CityHomes for saleMedian sq ftBeds / bathsMedian year built$ / sq ftNew constructionMedian DOM
Miami9791,0482 / 22008$4776%56
Homestead2651,7563 / 32012$28618%51
Miami Beach1868941 / 21968$5720%77
Aventura1491,3182 / 21990$3751%88
Hialeah1071,4293 / 31991$3420%34
Miami Gardens1041,3413 / 21961$3842%42
Doral951,3153 / 32016$3912%53
Sunny Isles Beach831,1162 / 21973$4530%73
North Miami Beach521,1523 / 21955$4350%51
Florida City261,9024 / 32022$2838%98
Cutler Bay241,4633 / 21991$3530%22
North Miami221,2143 / 1.51950$3750%33
Coral Gables219101 / 22005$5370%50
North Bay Village211,0302 / 21987$4370%38
Opa Locka191,1843 / 21950$3990%61
Miami Lakes111,5253 / 31978$3370%68
Bal Harbour95782 / 11964$8220%144
Bay Harbor Islands91,1182 / 21967$4330%100
Hialeah Gardens61,3843 / 21991$3820%16
Key Biscayne56791 / 11965$7350%28

By ZIP code: where $500K goes furthest

The same budget by ZIP — useful where one city covers most of the county.

ZIPHomes for saleMedian sq ftMedian year built$ / sq ftNew construction
33132 Miami1475972024$83910%
33180 Aventura1381,3161991$3771%
33033 Homestead1261,7852011$28127%
33160 Sunny Isles Beach1241,1481978$4260%
33131 Miami1128062008$6230%
33130 Miami898192015$6094%
33032 Homestead831,6602021$29411%
33137 Miami837612018$6432%
33140 Miami Beach829301967$5410%
33139 Miami Beach758101968$6260%
33178 Doral651,3922015$3552%
33018 Hialeah571,5112019$3400%

Communities with the most homes near $500K

CommunityCityHomes for sale near $500KMedian sq ftMedian year built
Parker Pointe TownhomesHomestead211,8342026
Aquabella NorthHialeah181,4472021
Golf ParkMiami141,5782023
3401 MIDTOWN CondoMiami136732018
501 First ResidencesMiami134292025
Via Ventura NeighborhoodMiami131,4032021
Vista LagoMiami Gardens121,5722022
The Club At Brickell BayMiami128252005
DistrictMiami125012025
palm villasHomestead111,3022026
5252 PASEO CondoDoral119502016
WATERVIEW CondoAventura101,0841981
TOSCANO CondoMiami101,3192007
THE DECOPLAGE CondoMiami Beach96751965
1000 Island BLVD WILLIAMS ISAventura91,3001990

How to read this

Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of November 14, 2026; property mix at this price: Condo 53%, Single-family 28%, Townhouse 18%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Miami-Dade County: $300K, $400K, $750K, $1M. Back to homes for sale in Miami-Dade County, FL.

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Common questions

What does $500K buy in Miami-Dade County, FL?

Across 2,201 active listings within 10% of $500K, the median home is 1,196 sq ft and was built in 2003, at about $417 per square foot. Florida City gives the most space at that price (1,902 sq ft median); Bal Harbour the least.

Which Miami-Dade County city has the newest homes around $500K?

Florida City, where the median listing near $500K was built in 2022 and 8% of them are new construction.

How much new construction is there at $500K in Miami-Dade County?

About 5% of the 2,201 homes listed near $500K are new construction. The highest builder share is in Homestead (18%), Florida City (8%), Miami (6%).