Atlantic Luxury AdvisorsKeller Williams Realty Services
Miami · Under $500K

Miami Homes for Sale Under $500K

There are 3,023 homes under $500K for sale in Miami right now, with a median asking price of $435K for homes and $320K for condos. The most active communities are Montecarlo Condo, Opera Tower Condo, Buckley Towers Condo - Ea. 94 came on the market in the last 7 days.

3,023
For sale now
$435K
Median asking, homes
$320K
Median asking, condos
$334
Median per sq ft, all residential
51
Median days on market
94
New in the last 7 days

Homes are houses, townhomes, villas and mobile homes. Condos are condos, co-ops and apartments in a building. A listing the feed gives no property type, and income property such as a duplex, is counted in neither, only in all residential.

By price

  • Under $500K3,023
  • $500K to $1M0
  • $1M to $2M0
  • $2M to $5M0
  • $5M and up0

Most active communities

  • Montecarlo Condo43
  • Opera Tower Condo36
  • Buckley Towers Condo - Ea32
  • Venetia Condo27
  • Centro Condo20
  • Map Of Miami Dade Co. Fl.19
  • Verabella Falls Condo19
  • Vizcayne South Condo19

Miami inventory trend

30 days
-3.6%
90 days

Trend available from Dec 26, 2026. We record the market nightly and never back-fill history.

365 days

Trend available from Sep 27, 2027. We record the market nightly and never back-fill history.

Listing courtesy of Florida Best Realty, Inc.. Contact: 305-792-0800.

More in Miami

Under $500K in other cities

This week

Miami by zip code

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Questions, answered from the data

How many homes under $500K are for sale in Miami?

3,023 listings are active in the MLS right now, 94 of them listed in the last 7 days. The count updates hourly.

What is the median asking price in Miami?

$435,000 for homes (houses, townhomes, villas and mobile homes), across 569 active; $320,000 for condos (condos, co-ops and apartments in a building), across 2,450 active. Across every residential listing, asking prices run from $50,000 to $499,999.

What do homes under $500K in Miami cost per square foot?

Across all residential listings that report their size, homes and condos together, the median asking price is $334 per square foot of living area.

How long do homes under $500K in Miami stay on the market?

The median active listing has been on the market 51 days. A home priced right for its community usually moves faster than the median.

What is the highest asking price among homes under $500K in Miami?

The highest asking price right now is $499,999, for a townhouse in Coral Haven Sec Two.

How many homes under $500K in Miami are on the water?

21% of the active listings are waterfront, as the listing agents report it.

What kinds of homes are for sale in Miami?

2,408 condominium, 278 townhouse, 235 single family residence, by the MLS property type.

What are HOA fees like in Miami?

Among listings that report an association fee, most fall between about $266 and $1,111 a month (the middle 80 percent), as listed. Confirm the current fee and any special assessment with the association.

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Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Figures are computed from active listings in the MLS and describe asking prices, not closed sales. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services.