Housing in South Beach, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,125,000

Median List Price

$899,000

Price Per Sq Ft

$471

Days on Market

63

Active Inventory

96

Months of Supply

10.7

Buyer's market

Price Trends

Source: Redfin
Sale Price 9.8%List Price 16.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

31.3%

Sale-to-List Ratio

94.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
31.3%
Listings with Price Drops
18.8%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

25

Pending Sales

16

Homes Sold 40.0%New Listings 31.6%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$471

Median List $/SF

$505

Sale $/SF 11.1%List $/SF 6.8%Mar 24Jan 26

South Beach vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. South 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

$860,000

Median Rent

$3,501

Total Housing Units

2,226

Vacancy Rate

29.2%

Owner Occupied

98.6%

Renter Occupied

1.4%

Median Property Tax

$6,331

per year

Monthly Cost (w/ Mortgage)

$1,756

Housing Types

Single Family
65.3%
Multi-Family
34.7%
Mobile Home
0.0%

The current median sale price in South Beach, FL is $1,125,000 according to Redfin data. Homes spend a median of 63 days on the market. 0.0% of homes sold above asking price. The market has 10.7 months of supply. The median price per square foot is $471. The median rent is $3,501 per month (Census ACS). About 98.6% of housing units are owner-occupied. The median year homes were built is 1985. There are 2,226 total housing units.