Guest, Sign inJoin

Post to Miami Beach

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
Ocean drive day 2009jPhoto: chensiyuan · CC BY-SA 4.0
Housing in Miami Beach

1,913 homes sold in Miami Beach in the last year, at a typical $612K

Most homes sold are condos. 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 Miami Beach homes are listed.

Homes sold
1,913
June 2025 to May 2026
Typical sale price
$612K
houses $4M · condos $498K
Price per square foot
$611
Florida $250
Paid vs. asking
93.1%
3% sold over asking
For sale now
1,574
May 2026 · 172 sold that month
What sold · last 12 months

85% of Miami Beach’s sales are condos, at $3.5M less than a house

245 houses and 1634 condos sold in the year to May 2026. Condos sell faster.

Houses$4M

typical sale · 245 sold in 12 months

Per square foot
$1,233FL $245
Days to sell
144
Sold over asking
1%
Listings with a price cut
16%
Condos$498K

typical sale · 1634 sold in 12 months

Per square foot
$557FL $262
Days to sell
138
Sold over asking
3%
Listings with a price cut
16%
Fewer sales

Multi-family (2–4 units): 15 sold, typical $1.6M
Townhouses: 19 sold, typical $1.9M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

1,913 sales in the last year, against 4,322 in 2021 and a low of 1,886 in 2025. The typical sale went from $375K in 2016 to $612K.

Homes soldTypical sale price
01087217532624350$325K$450K$575K$700K2012: 3231 sold, typical $283K’122013: 3400 sold, typical $330K2014: 2960 sold, typical $371K’142015: 2780 sold, typical $370K2016: 2260 sold, typical $375K’162017: 2150 sold, typical $368K2018: 2181 sold, typical $364K’182019: 2163 sold, typical $374K2020: 2007 sold, typical $420K’202021: 4322 sold, typical $531K2022: 3469 sold, typical $476K’222023: 2291 sold, typical $489K2024: 2010 sold, typical $551K’242025: 1886 sold, typical $612KLast 12 months: 1913 sold, typical $612KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $600K buys in Miami Beach

Houseat $1,233 a sq ft
Condoat $557 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Miami Beach 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.

What the sales history says · 14 years of sales

Bidding wars in Miami Beach are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Miami Beach’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, 1,913 sales.

If you’re buying in Miami Beach

  • Shop in January. It brings about 463 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
  • Some room to negotiate. 16% of listings cut their price, about as many as before the pandemic.
  • Offer under asking. Buyers paid 93.1% of the list price on average; 3% paid over.
  • You’ll usually have time. Only 8% of homes go under contract within two weeks; the typical one takes 137 days.
Best time to buy

Winter brings the homes; spring brings the bidding wars

January has the most new listings (about 463 a month), but May is the most competitive: 6% of May sales close over asking. January has the least competition (4%).

New listings a monthShare sold over asking
0116.3232.5348.84657%13%20%Sweet spotJan: 463 new listings a month, 4% sold over asking, 117 days to sellJFeb: 413 new listings a month, 5% sold over asking, 123 days to sellFMar: 435 new listings a month, 6% sold over asking, 116 days to sellMApr: 368 new listings a month, 6% sold over asking, 117 days to sellAMay: 368 new listings a month, 6% sold over asking, 113 days to sellMJun: 352 new listings a month, 6% sold over asking, 119 days to sellJJul: 347 new listings a month, 5% sold over asking, 120 days to sellJAug: 345 new listings a month, 4% sold over asking, 116 days to sellASep: 351 new listings a month, 5% sold over asking, 121 days to sellSOct: 396 new listings a month, 4% sold over asking, 123 days to sellONov: 406 new listings a month, 4% sold over asking, 120 days to sellNDec: 344 new listings a month, 5% sold over asking, 122 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Florida

Miami Beach now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price3%3%6%10%
Gone within two weeksShare of homes under contract within 14 days8%5%12%20%
Listings with a price cutShare of homes for sale that cut their price16%18%11%28%
Price paid vs. askingAverage sale price ÷ list price93.1%92.6%94.7%96.3%
Days to sellMedian days from listing to contract13714312176
Supply

1897 homes for sale on a typical day

That’s 1.3 times the 2022 low (1421), 25% fewer than in 2017–19 and well under 2016’s 2661.

2014: 1953 for sale’142015: 2241 for sale2016: 2661 for sale2017: 2545 for sale’172018: 2522 for sale2019: 2571 for sale2020: 2471 for sale’202021: 1961 for sale2022: 1421 for sale2023: 1483 for sale’232024: 1843 for sale2025: 2116 for saleLast 12 months: 1897 for saleNow
Room to negotiate

1 in 6 listings has cut its price

16% in the last year, against 18% in 2017–19 and 28% across Florida.

2015: 16%’152016: 18%2017: 18%2018: 18%’182019: 18%2020: 14%2021: 11%’212022: 12%2023: 15%2024: 17%’242025: 16%Last 12 months: 16%Now
Prices by type

Since 2019, houses are up 159%, condos 56%

A house typically sold for $4M in the last year (245 sales), a condo for $498K (1634).

$1.2M$2.2M$3.2M$4.2M2013201520172019202120232025NowHouses 2013: $1.1M, 362 salesHouses 2014: $1.3M, 344 salesHouses 2015: $1.3M, 311 salesHouses 2016: $1.5M, 233 salesHouses 2017: $1.4M, 241 salesHouses 2018: $1.4M, 249 salesHouses 2019: $1.5M, 236 salesHouses 2020: $1.7M, 365 salesHouses 2021: $2.2M, 625 salesHouses 2022: $3M, 286 salesHouses 2023: $3.2M, 232 salesHouses 2024: $3.6M, 231 salesHouses 2025: $3.3M, 253 salesHouses last 12 months: $4M, 245 salesHouses $4MCondos 2013: $289K, 2974 salesCondos 2014: $320K, 2545 salesCondos 2015: $333K, 2413 salesCondos 2016: $338K, 1979 salesCondos 2017: $322K, 1872 salesCondos 2018: $321K, 1896 salesCondos 2019: $319K, 1882 salesCondos 2020: $326K, 1589 salesCondos 2021: $433K, 3614 salesCondos 2022: $421K, 3129 salesCondos 2023: $423K, 2010 salesCondos 2024: $471K, 1735 salesCondos 2025: $486K, 1604 salesCondos last 12 months: $498K, 1634 salesCondos $498K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

Miami Beach ranks 483rd of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Miami Beach is one of the state’s calmer markets.

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.

Rent or buy?

Owning the typical Miami Beach home costs about $3,656 a month

Mortgage
Property tax
Insurance
Rent

Price: Miami Beach’s typical sale, last 12 months. Property tax at Miami Beach’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 Miami Beach is affordable on local pay is on Cost of living.

Before you buy in Miami Beach

Six things worth knowing

463

New listings in January

The month with the most choice. December has the fewest, about 344.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $612K home, about $5,550 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Miami Beach, from test results, graduation and how much students grow.

Schools in Miami Beach
27 min

Typical commute

The average one-way trip to work for people who live in Miami Beach.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

North Bay Village, El Portal and Miami sell for less a square foot; Fisher Island and Surfside for far more

The busier markets within 25 miles of Miami Beach, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Miami4,200$638K$5395%111
Miami Beach1,913$612K$6113%137
Miami Shores168$1.1M$6136%109
Surfside133$1.6M$8452%141
North Bay Village126$458K$3944%145
El Portal28$1M$5797%137
Fisher Island21$7.5M$2,2905%242

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.

Selling, or renting out?

Post your home to Miami Beach, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Miami Beach. People who follow the town see it, and so do people comparing Miami Beach with their own town. No commission, no listing fee.

Questions about buying a home in Miami Beach

What do homes sell for in Miami Beach, FL?

1,913 homes sold in the year to May 2026 at a typical $612K, $611 a square foot. Houses sold for about $4M, condos for about $498K.

Is Miami Beach a buyer’s or seller’s market?

A buyer’s market: 1574 homes were for sale in May 2026 and 172 sold, about 9.2 months of supply. Buyers paid 93.1% of asking on average, and 16% of listings cut their price.

When is the best time to buy in Miami Beach?

January brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Miami Beach?

About 0.9% of a home’s value a year. On a $612K home that’s near $5,550.

Where can I see homes for sale in Miami Beach?

Zillow, Redfin, Realtor.com and Homes.com all carry Miami Beach’s MLS listings; the search links above open each one filtered to Miami Beach.

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).