Housing in Miami Beach, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$650,000

Median List Price

$620,000

Price Per Sq Ft

$647

Days on Market

126

Active Inventory

1,896

Months of Supply

13.3

Buyer's market

Zillow Home Value

$511,193

ZHVI — January 2026

Zillow Rent Index

$2,707

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↑ 14.0%List Price ↑ 9.0%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

4.9%

Off Market in 2 Weeks

6.1%

Sale-to-List Ratio

93.4%

Buyer's market

Sold Above Asking
4.9%
Under Contract in 2 Wks
6.1%
Listings with Price Drops
17.7%

Market Activity

Source: Redfin

Homes Sold

143

New Listings

345

Pending Sales

148

Homes Sold ↓ 25.1%New Listings ↓ 3.4%Pending ↓ 45.2%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$647

Median List $/SF

$622

Sale $/SF ↑ 12.7%List $/SF ↓ 4.7%Mar 24 → Jan 26

Miami Beach vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Miami Beach is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$542,000

Median Rent

$1,733

Total Housing Units

63,225

Vacancy Rate

35.4%

Owner Occupied

38.7%

Renter Occupied

61.3%

Median Property Tax

$5,152

per year

Monthly Cost (w/ Mortgage)

$2,064

Housing Types

Single Family
10.6%
Multi-Family
89.1%
Mobile Home
0.3%

The current median sale price in Miami Beach, FL is $650,000 according to Redfin data. Homes spend a median of 126 days on the market. 4.9% of homes sold above asking price. The market has 13.3 months of supply. The median price per square foot is $647. Zillow's observed rent index is $2,707/month. About 38.7% of housing units are owner-occupied. The median year homes were built is 1969. There are 63,225 total housing units.