Brokers — List your Company Here
Featured local agent — South Beach, FL
Sarah Mitchell
Compass Real Estate · South Beach, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
South Beach, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$975,000median sale price
How is the South Beach, FL housing market right now?
The median home sale price in South Beach, FL is $975,000, up 43.4% year-over-year. Homes sell in an average of 167 days with 50 active listings. The market is currently a balanced 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 South Beach a buyer's or seller's market?
South Beach, FL is currently a balanced market, based on 2.9 months of supply and homes selling in about 167 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
167
Average pace
Active listings
50
2.9 months supply
Sale-to-list
93.7%
Below asking
What does the South Beach housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $975,000 |
| Median list price | $1.22M |
| Year-over-year price change | +43.4% |
| Average days on market | 167 days |
| Active inventory | 50 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 93.7% |
| Median price per sq ft | $403/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 6 |
| Listings with a price cut | 22.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in South Beach by property type?
How the South Beach, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $725,000 | $403/sq ft | 3 | 230 days |
| Townhouse | $630,000 | $381/sq ft | 7 | 61 days |
Source: Redfin · Updated monthly
The South Beach housing market is currently classified as a balanced market with a median sale price of $975,000. Prices have risen 43.4% compared to last year, with homes spending an average of 167 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in South Beach
There are currently 50 homes listed for sale in South Beach, Florida. The median listing price is $1.2M.
Active listings
50
Homes on market
Median list price
$1.2M
Avg. days on market
167
Days until sale
New this week
6
Newly listed
Who lives in South Beach?
Population
3,081
Median income
$188,095/yr
Median age
69.7 years
Owner-occupied
98.6%
College grads
65.1%
Avg commute
22.4 min
Source: U.S. Census Bureau ACS
What is it like to live in South Beach?
South Beach is a community of approximately 3K residents with a median age of 69.7 years.The median household income is $188,095, which reflects a relatively affluent area with strong earning potential. 65.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 98.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Beach offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near South Beach, FL?
Want a head-to-head view? Compare South Beach side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in South Beach?
The median home sale price in South Beach is $975,000, up 43.4% from last year.
How long do homes stay on market in South Beach?
Homes typically spend 167 days on market before going under contract.
What is the median income in South Beach?
The median household income is $188,095 per year.
Is South Beach a buyer's or seller's market?
With 2.9 months of supply, South Beach is currently a balanced market.
What is the median condo price in South Beach?
The median condo/co-op sale price in South Beach, FL is $725,000, based on the latest Redfin data.
Be the brokerage on this page
1 slot per pageGet featured on South Beach, FL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get South Beach market alerts
Weekly updates on prices, inventory, and trends. Free forever.