Miami Beach, FL Housing Market & Real Estate

Buyer's market-20.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Miami Beach, FL is $679,800, down 20.5% year-over-year. Homes sell in an average of 129 days with 1,857 active listings. The market is currently a buyer's market.

$679,800median sale price

Is Miami Beach a buyer's or seller's market?

Buyer's market14.3 months of supply129 avg. days on market

Miami Beach, FL is currently a buyer's market, based on 14.3 months of supply and homes selling in about 129 days. How we determine this →

Homes sold

130

Last 12 weeks

Days on market

129

Average pace

Active listings

1,857

14.3 months supply

Sale-to-list

92.9%

Below asking

Miami Beach, FL market data

Current housing market statistics for Miami Beach, FL
MetricValue
Median sale price$679,800
Median list price$671,289
Year-over-year price change-20.5%
Average days on market129 days
Active inventory1,857 listings
Months of supply14.3 months
Sale-to-list price ratio92.9%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Miami Beach housing market is currently classified as a buyer's market with a median sale price of $679,800. Prices have fallen 20.5% compared to last year, with homes spending an average of 129 days on market, indicating 14.3 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 Miami Beach

There are currently 1,857 homes listed for sale in Miami Beach, Florida. The median listing price is $671K. Featured listings range from $239,000 to $2,995,000.

2 bedroom condo for sale at 7300 Wayne Ave Apt 211 Miami Beach 33141 - $239,000
New listing
35
$239,000

7300 Wayne Ave Apt 211

Miami Beach, FL 33141

2 bd2 ba1,083 sqft
Condo
Est. $350KSold 1985 for $60K

Joel Freis · Compass Florida, LLC

More about this property
1 bedroom condo for sale at 8233 Harding Ave Apt 204 Miami Beach 33141 - $270,000
New listing
18
$270,000

8233 Harding Ave Apt 204

Miami Beach, FL 33141

1 bd2 ba864 sqft
Condo
Est. $270KSold 2021 for $185K

Carolina Gentina · Avanti Way Brickell

More about this property
1 bedroom condo for sale at 1035 West Ave Ph 2 Miami Beach 33139 - $305,000
New listing
45
$305,000

1035 West Ave Ph 2

Miami Beach, FL 33139

1 bd1 ba576 sqft
Condo
Est. $302KSold 2017 for $265K

Celestine Kerina · Luxe Properties

More about this property
2 bedroom condo for sale at 7601 Byron Ave Apt 3A Miami Beach 33141 - $360,000
New listing
31
$360,000

7601 Byron Ave Apt 3A

Miami Beach, FL 33141

2 bd2 ba1,260 sqft
Condo
Est. $379KSold 2021 for $280K

Carolina Gentina · Avanti Way Brickell

More about this property
1 bedroom condo for sale at 910 Lenox Ave Unit 2 Miami Beach 33139 - $389,000
New listing
35
$389,000

910 Lenox Ave Unit 2

Miami Beach, FL 33139

1 bd1 ba770 sqft
Condo
Est. $342KSold 2020 for $225K

Michael Porat · Compass Florida, LLC

More about this property
1 bedroom condo for sale at 325 S Biscayne Blvd Apt 1718 Miami Beach 33131 - $440,000
New listing
24
$440,000

325 S Biscayne Blvd Apt 1718

Miami Beach, FL 33131

1 bd1 ba846 sqft
Condo
Est. $454KSold 2022 for $455K

Milagritos Loor Baquero · Fortune International Realty

More about this property
1 bedroom condo for sale at 540 West Ave Apt 1013 Miami Beach 33139 - $930,000
New listing
11
$930,000

540 West Ave Apt 1013

Miami Beach, FL 33139

1 bd1 ba777 sqft
Condo
Est. $775KSold 2011 for $360K

Piero Ruggeri · COSMORE Florida Corp.

More about this property
3 bedroom condo for sale at 2301 Collins Ave Apt 526 Miami Beach 33139 - $1,950,000
New listing
29
$1,950,000

2301 Collins Ave Apt 526

Miami Beach, FL 33139

3 bd2 ba1,180 sqft
Condo
Est. $1.3MSold 2021 for $915K

Rebeca Cruz · Compass Florida, LLC.

More about this property
2 bedroom condo for sale at 5600 Collins Ave Apt 14K Miami Beach 33140 - $2,100,000
New listing
45
$2,100,000

5600 Collins Ave Apt 14K

Miami Beach, FL 33140

2 bd4 ba2,120 sqft
Condo
Est. $2.0MSold 2023 for $1.7M

Paula Sanchez · Unique International Properties

More about this property
4 bedroom house for sale at 1310 Flamingo Way Miami Beach 33139 - $2,500,000
New listing
34
$2,500,000

1310 Flamingo Way

Miami Beach, FL 33139

4 bd3 ba2,214 sqft
House5,000 sqft lot
Est. $2.5MSold 2022 for $1.7M

Reid Heidenry · One Sotheby's International Realty

More about this property
4 bedroom house for sale at Cala Girgolu Miami Beach 33109 - $2,990,000
New listing
26
$2,990,000

Cala Girgolu

Miami Beach, FL 33109

4 bd4 ba
House

Lazaro Del Valle Alonso · Rebonus Brokerage LLC

More about this property
2 bedroom condo for sale at 500 Alton Rd Unit 2402 Miami Beach 33139 - $2,995,000
New listingNew build
80
$2,995,000

500 Alton Rd Unit 2402

Miami Beach, FL 33139

2 bd3 ba1,218 sqft
Condo
Est. $2.3M

Hector Silva · Bayview International Realty

More about this property

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Active listings

1,857

Homes on market

Median list price

$671K

Avg. days on market

129

Days until sale

New this week

306

Newly listed

Price drops:17.4%of listings
Sale-to-list:92.9%

Top public schools in 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

Public

NORTH BEACH ELEMENTARY SCHOOL

Grades PK-5 · 928 students

Public

MIAMI BEACH NAUTILUS MIDDLE SCHOOL

Grades 6-8 · 863 students

Public

MIAMI BEACH FEINBERG/FISHER K-8

Grades PK-8 · 794 students

Public

BISCAYNE BEACH ELEMENTARY SCHOOL

Grades PK-5 · 538 students

Public

MIAMI BEACH SOUTH POINTE ELEMENTARY SCHOOL

Grades PK-5 · 460 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Miami Beach?

The median home sale price in Miami Beach is $679,800, down 20.5% from last year.

How long do homes stay on market in Miami Beach?

Homes typically spend 129 days on market before going under contract.

Is Miami Beach a buyer's or seller's market?

With 14.3 months of supply, Miami Beach is currently a buyer's market.

How many homes are for sale in Miami Beach?

There are currently 1857 homes listed for sale in Miami Beach, FL.

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