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Featured local agent — Margate, FL
Sarah Mitchell
Compass Real Estate · Margate, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Margate, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$338,000median sale price
How is the Margate, FL housing market right now?
The median home sale price in Margate, FL is $338,000, up 0.9% year-over-year. Homes sell in an average of 86 days with 430 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Margate a buyer's or seller's market?
Margate, FL is currently a buyer's market, based on 6.5 months of supply and homes selling in about 86 days. How we determine this →
Homes sold
66
Last 12 weeks
Days on market
86
Average pace
Active listings
430
6.5 months supply
Sale-to-list
95.7%
Below asking
What does the Margate housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $338,000 |
| Median list price | $207,450 |
| Year-over-year price change | +0.9% |
| Average days on market | 86 days |
| Active inventory | 430 listings |
| Months of supply | 6.5 months |
| Sale-to-list price ratio | 95.7% |
| Median price per sq ft | $241/sq ft |
| Homes sold (latest month) | 66 |
| New listings (latest month) | 72 |
| Listings with a price cut | 25.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Margate by property type?
How the Margate, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $425,000 | $273/sq ft | 40 | 77 days |
| Condo / Co-op | $112,500 | $109/sq ft | 18 | 99 days |
| Townhouse | $325,500 | $242/sq ft | 8 | 95 days |
Source: Redfin · Updated monthly
The Margate housing market is currently classified as a buyer's market with a median sale price of $338,000. Prices have risen 0.9% compared to last year, with homes spending an average of 86 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Margate
There are currently 430 homes listed for sale in Margate, Florida. The median listing price is $207K.
Active listings
430
Homes on market
Median list price
$207K
Avg. days on market
86
Days until sale
New this week
72
Newly listed
Who lives in Margate?
Population
58,418
Median income
$60,852/yr
Median age
45.7 years
Owner-occupied
77.1%
College grads
25.0%
Avg commute
29.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Margate?
Zillow home value
$321,266
Zillow rent index
$2,125/mo
Price-to-rent ratio
12.6x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Margate?
Margate is a community of approximately 58K residents with a median age of 45.7 years.The median household income is $60,852, which represents a working-class community with solid middle-income opportunities. 25.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Margate offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Margate?
11 schools tracked · 6,006 students
The largest public schools serving Margate, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MARGATE ELEMENTARY SCHOOL
Grades PK-5 · 1,054 students
MARGATE MIDDLE SCHOOL
Grades 6-8 · 1,044 students
WEST BROWARD ACADEMY
Grades K-8 · 716 students
LIBERTY ELEMENTARY SCHOOL
Grades PK-5 · 704 students
ATLANTIC TECHNICAL COLLEGE
Grades 9-12 · 686 students
ATLANTIC WEST ELEMENTARY SCHOOL
Grades PK-5 · 607 students
RISE ACADEMY SCHOOL OF SCIENCE AND TECHNOLOGY
Grades K-8 · 347 students
SUNED HIGH SCHOOL OF NORTH BROWARD
Grades 9-12 · 327 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Margate, FL?
Want a head-to-head view? Compare Margate side-by-side with any other U.S. city using our market-comparison tool.
Is Margate a good real estate investment market?
For investors evaluating Margate, the price-to-rent ratio of 12.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 0.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Margate's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Margate's median home price.
Frequently asked questions
What is the average home price in Margate?
The median home sale price in Margate is $338,000, up 0.9% from last year.
How long do homes stay on market in Margate?
Homes typically spend 86 days on market before going under contract.
What is the median income in Margate?
The median household income is $60,852 per year.
Is Margate a buyer's or seller's market?
With 6.5 months of supply, Margate is currently a buyer's market.
What is the Zillow home value estimate for Margate?
The Zillow Home Value Index (ZHVI) for Margate is $321,266, representing the typical home value in the area.
What is the median condo price in Margate?
The median condo/co-op sale price in Margate, FL is $112,500, compared to $425,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Margate?
The median single-family home price in Margate, FL is $425,000 (about $273 per square foot).
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