Margate, FL

Buyer's market-26.9% YoY

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

Price drops:24.5%of listings
Sale-to-list:96.2%

Explore nearby cities in FL

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.

Get Margate market alerts

Weekly updates on prices, inventory, and trends. Free forever.