New Listing
35
$239,000
7300 Wayne Ave Apt 211
Miami Beach, FL 33141
2 bd2 ba1,083 sqft$221/ft²
Condo
Joel Freis · Compass Florida, LLC
View photos & details
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Miami Beach, FL Housing Market
Buyer's market-1.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Miami Beach, FL is worth $522,429, fell 1.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $720,000, +34.6% year over year (through May 2026). With 9.2 months of supply and homes going under contract in about 155 days, Miami Beach is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $522,429 home is about $2,789/mo in principal and interest.
Key numbers for Miami Beach, FL
Typical home value
$522,429
-1.1% in 12 months
Zillow, August 2026
Typical asking rent
$2,799/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$720,000
+34.6% year over year
Redfin, through May 2026
Days on market
155
Slow-moving
Redfin, through May 2026
Active listings
1,574
9.2 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$67,014
Home costs 7.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
93.7%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Miami Beach a buyer's or seller's market?
Buyer's market9.2 months of supply155 days on market93.7% of asking
Miami Beach, FL is a buyer's market, based on 9.2 months of supply and homes selling in about 155 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Miami Beach housing market data show?
Every row below is Redfin's final published month for Miami Beach, FL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $720,000 |
| Median list price | $695,000 |
| Year-over-year price change | +34.6% |
| Median price per sq ft | $667/sq ft |
| Median days on market | 155 days |
| Active inventory | 1,574 listings |
| Months of supply | 9.2 months |
| Sale-to-list price ratio | 93.7% |
| Homes sold (that month) | 172 |
| New listings (that month) | 245 |
| Listings with a price cut | 16.6% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Miami Beach is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Miami Beach is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Miami Beach home prices moved?
Over the last three years the median sale price in Miami Beach, FL rose 44.0%, from $500,000 to $720,000. The live Zillow value series has fell 1.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 16.6% of Miami Beach listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 9.2 months while the sale-to-list ratio slips below its current 93.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Miami Beach?
Priced off the typical home value of $522,429 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $104,486 | $417,943 | $2,789/mo |
| 5% | $26,121 | $496,308 | $3,312/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,789, that implies roughly $119,529 a year before you add taxes and insurance. The median household in Miami Beach earns $67,014, about $52,515 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Miami Beach in the next 12 months?
Tell us your timeline. We send the Miami Beach market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Miami Beach?
Typical asking rent in Miami Beach, FL is $2,799/mo, against a typical home value of $522,429. That is a price-to-rent ratio of 15.6x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,789 a month — $10 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Miami Beach?
Active listings in Miami Beach, FL went from 2,226 in May 2025 to 1,574 in May 2026, a -29.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 2,117 | 246 |
| July 2025 | 2,022 | 270 |
| August 2025 | 1,955 | 289 |
| September 2025 | 1,947 | 322 |
| October 2025 | 1,937 | 324 |
| November 2025 | 2,016 | 343 |
| December 2025 | 1,917 | 289 |
| January 2026 | 1,926 | 345 |
| February 2026 | 1,893 | 309 |
| March 2026 | 1,757 | 292 |
| April 2026 | 1,702 | 294 |
| May 2026 | 1,574 | 245 |
Redfin, through May 2026
How does Miami Beach compare to Florida and the U.S.?
Miami Beach homes sell for $720,000 — 71% above the Florida median of $421,500. Against the national median of $410,700, Miami Beach runs 75% higher. Year-over-year, Miami Beach moved +34.6% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Miami Beach, FL | $720,000 | +34.6% | 155 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Miami Beach
What buyers should watch
- Months of supply, currently 9.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 16.6%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $523 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $522,429 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Miami Beach listing goes under contract in 155 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 93.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Miami Beach added 245 new listings against 172 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -1.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Miami Beach varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Miami Beach
There are currently 1,574 homes listed for sale in Miami Beach, Florida. The median listing price is $695K. Featured listings range from $239,000 to $2,995,000.
New Listing
18
$270,000
8233 Harding Ave Apt 204
Miami Beach, FL 33141
1 bd2 ba864 sqft$313/ft²
Condo
Carolina Gentina · Avanti Way Brickell
View photos & details
New Listing
45
$305,000
1035 West Ave Ph 2
Miami Beach, FL 33139
1 bd1 ba576 sqft$530/ft²
Condo
Celestine Kerina · Luxe Properties
View photos & details
New Listing
31
$360,000
7601 Byron Ave Apt 3A
Miami Beach, FL 33141
2 bd2 ba1,260 sqft$286/ft²
Condo
Carolina Gentina · Avanti Way Brickell
View photos & details
New Listing
35
$389,000
910 Lenox Ave Unit 2
Miami Beach, FL 33139
1 bd1 ba770 sqft$505/ft²
Condo
Michael Porat · Compass Florida, LLC
View photos & details
New Listing
24
$440,000
325 S Biscayne Blvd Apt 1718
Miami Beach, FL 33131
1 bd1 ba846 sqft$520/ft²
Condo
Milagritos Loor Baquero · Fortune International Realty
View photos & details
New Listing
11
$930,000
540 West Ave Apt 1013
Miami Beach, FL 33139
1 bd1 ba777 sqft$1197/ft²
Condo
Piero Ruggeri · COSMORE Florida Corp.
View photos & details
New Listing
29
$1,950,000
2301 Collins Ave Apt 526
Miami Beach, FL 33139
3 bd2 ba1,180 sqft$1653/ft²
Condo
Rebeca Cruz · Compass Florida, LLC.
View photos & details
New Listing
45
$2,100,000
5600 Collins Ave Apt 14K
Miami Beach, FL 33140
2 bd4 ba2,120 sqft$991/ft²
Condo
Paula Sanchez · Unique International Properties
View photos & details
New Listing
34
$2,500,000
1310 Flamingo Way
Miami Beach, FL 33139
4 bd3 ba2,214 sqft$1129/ft²
House5,000 sqft lot
Reid Heidenry · One Sotheby's International Realty
View photos & details
New Listing
26
$2,990,000
Cala Girgolu
Miami Beach, FL 33109
4 bd4 ba
House
Lazaro Del Valle Alonso · Rebonus Brokerage LLC
View photos & details
New Build
80
$2,995,000
500 Alton Rd Unit 2402
Miami Beach, FL 33139
2 bd3 ba1,218 sqft$2459/ft²
Condo
Hector Silva · Bayview International Realty
View photos & details
Looking to buy in Miami Beach?
Get connected with a local real estate expert — free, no obligation.
Active listings
1,574
Homes on market
Median list price
$695K
Avg. days on market
155
Days until sale
New this week
245
Newly listed
Price drops:16.6%of listings
Sale-to-list:93.7%
How much do homes cost in Miami Beach by property type?
How the Miami Beach, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / co-op | $572,500 | $609/sq ft | 144 | 158 days |
Who lives in Miami Beach?
American Community Survey estimates for Miami Beach. U.S. Census ACS, 2023
Population
81,319
Households
40,838
Median income
$67,014/yr
Median age
42.4 years
Owner-occupied
38.7%
Median home value
$542,000
Median gross rent
$1,733/mo
Mean commute
26.6 min
38.7% of occupied homes in Miami Beach are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $542,000 against Zillow's $522,429 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,733/mo, below Zillow's $2,799/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Miami Beach?
6 schools tracked · 5,751 students
The largest public schools serving Miami Beach, 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.
MIAMI BEACH SENIOR HIGH SCHOOL
Grades 9-12 · 2,168 students
NORTH BEACH ELEMENTARY SCHOOL
Grades PK-5 · 928 students
MIAMI BEACH NAUTILUS MIDDLE SCHOOL
Grades 6-8 · 863 students
MIAMI BEACH FEINBERG/FISHER K-8
Grades PK-8 · 794 students
BISCAYNE BEACH ELEMENTARY SCHOOL
Grades PK-5 · 538 students
MIAMI BEACH SOUTH POINTE ELEMENTARY SCHOOL
Grades PK-5 · 460 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 Miami Beach, FL?
Ordered by distance from Miami Beach, not by size. Compare Miami Beach side by side with any of them.
Which ZIP codes are in Miami Beach?
These are the ZIP codes we see on active Miami Beach listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Miami Beach housing market FAQ
Is Miami Beach a buyer's or seller's market?
Miami Beach, FL is currently a buyer's market. That read comes from 9.2 months of supply, homes going under contract in about 155 days, and sellers getting 93.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Miami Beach?
The typical home in Miami Beach, FL is worth $522,429 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $720,000, about $667 per square foot.
Is Miami Beach cheaper than the rest of Florida?
Miami Beach's median sale price of $720,000 is 71% higher than the Florida statewide median of $421,500, and 75% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Miami Beach?
Homes in Miami Beach, FL spent a median of 155 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Miami Beach?
At the current 30-year fixed rate of 7.03%, 20% down on a $522,429 home is about $2,789 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $119,529 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $67,014.
Are home prices rising in Miami Beach?
The typical home value in Miami Beach, FL fell 1.1% over the last 12 months, from $528,222 to $522,429 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Miami Beach?
Miami Beach ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Miami Beach?
That depends on your timeline, not on a headline. What the data says today: Miami Beach, FL is a buyer's market with 9.2 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 15.6x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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