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Featured local agent — Miramar Beach, FL
Sarah Mitchell
Compass Real Estate · Miramar Beach, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Miramar Beach, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$832,500median sale price
How is the Miramar Beach, FL housing market right now?
The median home sale price in Miramar Beach, FL is $832,500, up 28.1% year-over-year. Homes sell in an average of 105 days with 704 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 Miramar Beach a buyer's or seller's market?
Miramar Beach, FL is currently a buyer's market, based on 8.2 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
86
Last 12 weeks
Days on market
105
Average pace
Active listings
704
8.2 months supply
Sale-to-list
94.9%
Below asking
What does the Miramar Beach housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $832,500 |
| Median list price | $699,000 |
| Year-over-year price change | +28.1% |
| Average days on market | 105 days |
| Active inventory | 704 listings |
| Months of supply | 8.2 months |
| Sale-to-list price ratio | 94.9% |
| Median price per sq ft | $484/sq ft |
| Homes sold (latest month) | 86 |
| New listings (latest month) | 127 |
| Listings with a price cut | 20.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Miramar Beach by property type?
How the Miramar Beach, 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 | $1.15M | $513/sq ft | 41 | 96 days |
| Condo / Co-op | $535,000 | $462/sq ft | 39 | 131 days |
| Townhouse | $850,000 | $437/sq ft | 6 | 234 days |
Source: Redfin · Updated monthly
The Miramar Beach housing market is currently classified as a buyer's market with a median sale price of $832,500. Prices have risen 28.1% compared to last year, with homes spending an average of 105 days on market, indicating 8.2 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 6.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Miramar Beach
There are currently 704 homes listed for sale in Miramar Beach, Florida. The median listing price is $699K.
Active listings
704
Homes on market
Median list price
$699K
Avg. days on market
105
Days until sale
New this week
127
Newly listed
Who lives in Miramar Beach?
Population
8,587
Median income
$97,159/yr
Median age
59.3 years
Owner-occupied
77.2%
College grads
55.0%
Avg commute
22 min
Source: U.S. Census Bureau ACS
What are homes worth in Miramar Beach?
Zillow home value
$656,222
Zillow rent index
$2,618/mo
Price-to-rent ratio
20.9x
Price-to-income
6.8x
Source: Zillow Research
What is it like to live in Miramar Beach?
Miramar Beach is a community of approximately 9K residents with a median age of 59.3 years.The median household income is $97,159, which reflects a relatively affluent area with strong earning potential. 55.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 22 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Miramar Beach offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Miramar Beach, FL?
Want a head-to-head view? Compare Miramar Beach side-by-side with any other U.S. city using our market-comparison tool.
Is Miramar Beach a good real estate investment market?
For investors evaluating Miramar Beach, the price-to-rent ratio of 20.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 28.1% 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 Miramar Beach's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Miramar Beach's median home price.
Frequently asked questions
What is the average home price in Miramar Beach?
The median home sale price in Miramar Beach is $832,500, up 28.1% from last year.
How long do homes stay on market in Miramar Beach?
Homes typically spend 105 days on market before going under contract.
What is the median income in Miramar Beach?
The median household income is $97,159 per year.
Is Miramar Beach a buyer's or seller's market?
With 8.2 months of supply, Miramar Beach is currently a buyer's market.
What is the Zillow home value estimate for Miramar Beach?
The Zillow Home Value Index (ZHVI) for Miramar Beach is $656,222, representing the typical home value in the area.
What is the median condo price in Miramar Beach?
The median condo/co-op sale price in Miramar Beach, FL is $535,000, compared to $1.15M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Miramar Beach?
The median single-family home price in Miramar Beach, FL is $1.15M (about $513 per square foot).
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