Photo: City of Margate · CC BY 4.0490 homes sold in Margate in the last year, at a typical $289K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Margate homes are listed.
Every place Margate homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Margate.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
40% of Margate’s sales are condos, at $335K less than a house
242 houses and 195 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 242 sold in 12 months
- Per square foot
- $296FL $245
- Days to sell
- 86
- Sold over asking
- 14%
- Listings with a price cut
- 32%
typical sale · 195 sold in 12 months
- Per square foot
- $124FL $262
- Days to sell
- 114
- Sold over asking
- 5%
- Listings with a price cut
- 26%
Multi-family (2–4 units): 1 sold, typical $330K
Townhouses: 52 sold, typical $337K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
490 sales in the last year, against 618 in 2021 and a low of 391 in 2025. The typical sale went from $164K in 2016 to $289K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Margate
Check a listing against what Margate homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Margate are back to pre-pandemic levels, and more homes are for sale
We read every month of Margate’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 490 sales.
If you’re buying in Margate
- Shop in February. It brings about 61 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Less room to haggle. Only 28% of listings cut their price, against 43% before the pandemic.
- Offer under asking. Buyers paid 95.6% of the list price on average; 10% paid over.
- You’ll usually have time. Only 13% of homes go under contract within two weeks; the typical one takes 97 days.
Winter brings the homes; spring brings the bidding wars
January has the most new listings (about 66 a month), but March is the most competitive: 22% of March sales close over asking. February offers nearly as much choice with fewer homes bid up (16%). February has the least competition (16%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Florida as a whole
| Margate now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 10% | 13% | 30% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 13% | 23% | 44% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 28% | 43% | 23% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 95.6% | 96.4% | 98.3% | 96.3% |
| Days to sellMedian days from listing to contract | 97 | 54 | 48 | 76 |
408 homes for sale on a typical day
That’s 3.5 times the 2021 low (116) and 167% more than in 2017–19.
1 in 4 listings has cut its price
28% in the last year, against 43% in 2017–19 and 28% across Florida.
Since 2019, houses are up 58%, condos 53%
A house typically sold for $456K in the last year (242 sales), a condo for $121K (195).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Margate ranks 241st of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Margate is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Margate home costs about $1,711 a month
Price: Margate’s typical sale, last 12 months. Property tax at Margate’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Margate is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. December has the fewest, about 48.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $289K home, about $2,440 a year.
Taxes vs. neighborsSchools
The schools grade for Margate, from test results, graduation and how much students grow.
Schools in MargateCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Tamarac sells for less a square foot; Parkland for far more
The busier markets within 25 miles of Margate, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Pompano Beach | 1,044 | $377K | $290 | 7% | 106 |
| Coral Springs | 856 | $587K | $285 | 11% | 81 |
| Tamarac | 778 | $308K | $219 | 11% | 94 |
| Margate | 490 | $289K | $234 | 10% | 97 |
| Coconut Creek | 476 | $317K | $237 | 8% | 93 |
| Parkland | 276 | $1.1M | $362 | 9% | 76 |
| North Lauderdale | 207 | $358K | $276 | 13% | 88 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Margate, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Margate. People who follow the town see it, and so do people comparing Margate with their own town. No commission, no listing fee.
Questions about buying a home in Margate
What do homes sell for in Margate, FL?
490 homes sold in the year to May 2026 at a typical $289K, $234 a square foot. Houses sold for about $456K, condos for about $121K.
Is Margate a buyer’s or seller’s market?
A buyer’s market: 430 homes were for sale in May 2026 and 66 sold, about 6.5 months of supply. Buyers paid 95.6% of asking on average, and 28% of listings cut their price.
When is the best time to buy in Margate?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Margate?
About 0.9% of a home’s value a year. On a $289K home that’s near $2,440.
Where can I see homes for sale in Margate?
Zillow, Redfin, Realtor.com and Homes.com all carry Margate’s MLS listings; the search links above open each one filtered to Margate.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).