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 1,865 homes for sale in Miami-Dade County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 1,192 sq ft, built 2004, at $414/sq ft; 6% of them are new construction and the median has been on the market 65 days. The most house for the money is in Homestead (1,697 sq ft median); the least in Bal Harbour (578 sq ft); the newest in Florida City (median build year 2023).
What $500K buys, city by city
| City | Homes for sale | Median sq ft | Beds / baths | Median year built | $ / sq ft | New construction | Median DOM |
|---|---|---|---|---|---|---|---|
| Miami | 842 | 1,071 | 2 / 2 | 2008 | $463 | 6% | 65 |
| Homestead | 233 | 1,697 | 3 / 3 | 2018 | $285 | 22% | 55 |
| Miami Beach | 185 | 866 | 1 / 2 | 1968 | $573 | 0% | 79 |
| Aventura | 139 | 1,320 | 2 / 2 | 1990 | $379 | 0% | 97 |
| Doral | 84 | 1,345 | 3 / 2 | 2016 | $385 | 4% | 64 |
| Sunny Isles Beach | 70 | 1,116 | 2 / 2 | 1975 | $440 | 0% | 119 |
| Hialeah | 60 | 1,454 | 3 / 3 | 2001 | $348 | 0% | 54 |
| Miami Gardens | 59 | 1,378 | 3 / 2 | 1970 | $364 | 0% | 35 |
| North Miami Beach | 40 | 1,140 | 2 / 2 | 1957 | $441 | 0% | 96 |
| Florida City | 32 | 1,670 | 4 / 3 | 2023 | $299 | 19% | 53 |
| North Miami | 23 | 1,214 | 3 / 2 | 1950 | $414 | 0% | 52 |
| Cutler Bay | 18 | 1,423 | 3 / 2 | 1990 | $360 | 0% | 27 |
| North Bay Village | 17 | 1,030 | 2 / 2 | 1987 | $459 | 0% | 64 |
| Coral Gables | 12 | 910 | 1 / 2 | 1998 | $564 | 0% | 83 |
| Opa Locka | 11 | 1,184 | 4 / 2 | 1950 | $401 | 0% | 23 |
| Bay Harbor Islands | 8 | 1,175 | 2 / 2 | 1967 | $433 | 0% | 163 |
| Key Biscayne | 8 | 725 | 1 / 1 | 1966 | $676 | 0% | 43 |
| Bal Harbour | 7 | 578 | 1 / 1 | 1964 | $856 | 0% | 120 |
| Miami Lakes | 6 | 1,492 | 3 / 2 | 1978 | $342 | 0% | 42 |
By ZIP code: where $500K goes furthest
The same budget by ZIP — useful where one city covers most of the county.
| ZIP | Homes for sale | Median sq ft | Median year built | $ / sq ft | New construction |
|---|---|---|---|---|---|
| 33180 Aventura | 138 | 1,313 | 1991 | $383 | 1% |
| 33033 Homestead | 108 | 1,765 | 2010 | $283 | 26% |
| 33131 Miami | 104 | 817 | 2008 | $626 | 2% |
| 33160 Sunny Isles Beach | 103 | 1,191 | 1975 | $428 | 0% |
| 33132 Miami | 101 | 689 | 2022 | $737 | 8% |
| 33130 Miami | 80 | 843 | 2009 | $583 | 5% |
| 33139 Miami Beach | 78 | 808 | 1969 | $652 | 0% |
| 33140 Miami Beach | 77 | 930 | 1967 | $544 | 0% |
| 33032 Homestead | 73 | 1,648 | 2022 | $294 | 14% |
| 33137 Miami | 69 | 773 | 2016 | $643 | 1% |
| 33178 Doral | 58 | 1,439 | 2015 | $353 | 2% |
| 33141 Miami Beach | 48 | 1,030 | 1987 | $478 | 0% |
Communities with the most homes near $500K
| Community | City | Homes for sale near $500K | Median sq ft | Median year built |
|---|---|---|---|---|
| Parker Pointe Townhomes | Homestead | 22 | 1,834 | 2026 |
| Golf Park | Miami | 17 | 1,612 | 2023 |
| Aquabella North | Hialeah | 15 | 1,486 | 2022 |
| Vista Lago | Miami Gardens | 13 | 1,550 | 2022 |
| WATERVIEW Condo | Aventura | 13 | 1,132 | 1982 |
| Via Ventura Neighborhood | Miami | 12 | 1,485 | 2021 |
| THE PAVILION Condo | Miami Beach | 11 | 930 | 1968 |
| 3401 MIDTOWN Condo | Miami | 11 | 673 | 2018 |
| 501 First Residences | Miami | 11 | 429 | 2025 |
| The Club At Brickell Bay | Miami | 10 | 825 | 2005 |
| CANVAS Condo | Miami | 10 | 857 | 2018 |
| Siena Reserve | Miami | 10 | 1,695 | 2023 |
| TOSCANO Condo | Miami | 10 | 1,297 | 2007 |
| VIZCAYNE SOUTH Condo | Miami | 9 | 989 | 2008 |
| District | Miami | 9 | 473 | 2025 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of September 15, 2026; property mix at this price: Condo 55%, Single-family 24%, Townhouse 20%. 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.