Margate, FL
Housing market overview · Updated weekly
$265,000median sale price
Homes sold
37
Last 12 weeks
Days on market
120
Average pace
Active listings
474
12.8 months supply
Sale-to-list
96.2%
Below asking
The Margate housing market is currently classified as a buyer's market with a median sale price of $265,000. Prices have fallen 26.9% compared to last year, with homes spending an average of 120 days on market, indicating 12.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Margate
There are currently 474 homes listed for sale in Margate, Florida. The median listing price is $220K.
Active listings
474
Homes on market
Median list price
$220K
Avg. days on market
120
Days until sale
New this week
101
Newly listed
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Frequently asked questions
What is the average home price in Margate?
The median home sale price in Margate is $265,000, down 26.9% from last year.
How long do homes stay on market in Margate?
Homes typically spend 120 days on market before going under contract.
Is Margate a buyer's or seller's market?
With 12.8 months of supply, Margate is currently a buyer's market.
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