What is the median home price in Miami Beach?

Over the last 90 days the median sold price in Miami Beach was $3,300,000 for single-family homes and $495,000 for condos and townhomes, from BeachesMLS closings as of September 23, 2026. Homes for sale now are asking a median $5,625,000 and $559,000 respectively. These figures refresh daily on this page.

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

By months of inventory, the single-family side of Miami Beach is a buyer's market right now: 9.5 months of supply, with condos and townhomes at 14 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.

How long does it take to sell a home in Miami Beach?

Single-family homes that closed in Miami Beach in the last 90 days had been on the market 143 days on average, and condos and townhomes 111 days. Sellers achieved 91.7% of their asking price on the typical single-family sale and 94.5% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.

Are home prices in Miami Beach going up or down?

Over the last twelve months the whole-market median sold price in Miami Beach moved from $507,500 (Oct 2025) to $650,000 (Aug 2026), +28.1%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +26.3% and condo medians +10%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.

What is the median rent in Miami Beach?

The median asking rent in Miami Beach is $3,500 a month across 1,836 active rentals: $7,995 for houses and townhomes and $3,499 for condos and apartments. The Miami Beach rentals hub carries the full rental market table, updated daily.

Where do these numbers come from?

Every figure is computed from BeachesMLS through the Spark API: active listings are counted as of the refresh date (September 23, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.

BreakThru Realty Miami Beach Housing Market Report

Name: BreakThru Realty Miami Beach Housing Market Report
Creator: BreakThru Realty

BreakThru Realty analyzes BeachesMLS data daily to track home prices, inventory, sales, days on market and market direction in Miami Beach, Florida. These figures were updated September 23, 2026. Nothing here is typed by hand.

Miami Beach Housing Market: Key Figures

The median single-family home in Miami Beach sold for $3,300,000 over the last 90 days, +26.3% against the same period a year earlier.
The median condo or townhome sold for $495,000, +10% year over year.
Single-family homes that sold averaged 143 days on the market; condos and townhomes 111 days.
With 9.5 months of inventory, single-family homes are a buyer's market; condos and townhomes, at 14 months, are a buyer's market.
1,844 homes and condos were for sale in Miami Beach on September 23, 2026.

Miami Beach Market at a Glance

Updated September 23, 2026 from BeachesMLS.

1,844homes & condos for sale
91new listings this week
243under contract
1,044waterfront listings
180luxury listings ($5,000,000+)
119sold in the last 30 days

	Single-family homes	Condos & townhomes
Active listings	155	1,654
Median list price	$5,625,000	$559,000
Median list price per sq ft	$1,621/sq ft	$665/sq ft
Average days on market	179 days	179 days
Sold in the last 90 days	49	354
Median sold price (90 days)	$3,300,000	$495,000
Sale price as % of list price	91.7%	94.5%
Months of inventory	9.5 months	14 months
Median sold price vs. a year ago	+26.3%	+10%

Source: BeachesMLS via the Spark API. Active listings as of September 23, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Miami Beach Home Sales by Month

Closed residential sales in Miami Beach by closing month, from BeachesMLS. The current month is partial until it closes.

Month	Closed sales	Median sold price	Median $/sq ft	Avg days to sell	Sale-to-list
Oct 2025	168	$507,500	$520/sq ft	122 days	93.3%
Nov 2025	119	$655,000	$595/sq ft	141 days	94.1%
Dec 2025	160	$649,500	$604/sq ft	119 days	94.4%
Jan 2026	134	$620,000	$653/sq ft	122 days	94%
Feb 2026	126	$610,000	$692/sq ft	138 days	94.1%
Mar 2026	199	$635,000	$616/sq ft	136 days	94.3%
Apr 2026	205	$750,000	$706/sq ft	120 days	94.3%
May 2026	190	$645,000	$633/sq ft	133 days	95%
Jun 2026	189	$525,000	$548/sq ft	117 days	94.5%
Jul 2026	166	$473,500	$571/sq ft	122 days	94.3%
Aug 2026	116	$650,000	$591/sq ft	106 days	93.6%
Sep 2026 (to date)	83	$660,000	$656/sq ft	107 days	95.1%

Miami Beach Inventory Over Time

Active listings, new listings and homes under contract in Miami Beach, from BreakThru Realty's daily snapshots of BeachesMLS (recorded since 2026-09-16).

Date	Active listings	New this week	Under contract	Sold in 30 days	Median list (single-family)	Median list (condos)
2026-09-16	1,807	79	246	125	$5,497,000	$572,500
2026-09-17	1,825	85	240	122	$5,472,500	$567,000
2026-09-18	1,833	94	240	124	$5,472,500	$569,000
2026-09-19	1,833	98	237	121	$5,497,000	$567,000
2026-09-21	1,838	97	236	106	$5,497,000	$564,000
2026-09-22	1,845	96	237	113	$5,562,000	$564,500

Miami Beach Rental Market at a Glance

Updated September 22, 2026 from BeachesMLS.

1,836homes for rent
$3,500/momedian asking rent
131new rentals this week
320leased in the last 30 days

	Houses & townhomes	Condos & apartments
Active rentals	149	1,687
Median asking rent	$7,995/mo	$3,499/mo
Median rent per sq ft	$4.86/sq ft	$4.48/sq ft
Average days on market	119 days	219 days
Leased in the last 90 days	87	965
Median leased rent (90 days)	$6,300/mo	$2,700/mo
Median leased rent vs. a year ago	-13.1%	+3.8%

Source: BeachesMLS via the Spark API. Asking rents are active rentals as of September 22, 2026; leased rents cover leases signed in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal.

Home Prices in Miami Beach

Over the last 90 days the median single-family home in Miami Beach sold for $3,300,000 ($1,150 per square foot) and the median condo or townhome for $495,000 ($552 per square foot). Against the same 90 days a year earlier that is +26.3% for single-family homes and +10% for condos. Homes on the market now are asking a median $5,625,000 (single-family) and $559,000 (condos and townhomes). Medians describe the middle of the market; a waterfront estate and a garden condo pull in opposite directions, which is why the two segments are reported separately.

Inventory and the Pace of Sales

1,844 homes and condos are for sale in Miami Beach today, 91 of them listed in the last seven days, and 243 are under contract. 119 sales closed in the last 30 days. Single-family homes carry 9.5 months of inventory and condos 14 months, which makes the single-family side a buyer's market: under four months favours sellers, over six favours buyers. Active single-family listings have been on the market 179 days on average, condos 179 days.

Single-Family Homes vs. Condos and Townhomes

The two halves of the Miami Beach market move differently. Single-family sellers achieved 91.7% of their asking price on the typical sale in the last 90 days after 143 days on market; condo and townhome sellers achieved 94.5% after 111 days. 49 single-family homes and 354 condos and townhomes closed in that window. Condo pricing also carries the building's fees, reserves and rental rules, so a low list price in an older tower is not the same deal as a low list price on a lot.

The Last Twelve Months

1,855 residential sales closed in Miami Beach over the last twelve months. The whole-market median sold price moved from $507,500 in Oct 2025 to $650,000 in Aug 2026, a change of +28.1%. The month-by-month table below shows closings, median price, price per square foot and days to sell; the current month is partial until it closes.

Selling a Home in Miami Beach

A Miami Beach home is priced by its building, its water and its block more than by its square footage. For an apartment, the association's reserves and assessments, the floor, the line, the view and the rental rules can separate two units of the same size; for a house, water frontage, lot size, flood elevation, historic status and whether the house is original, renovated or new decide the price. Your buyers also compare Miami Beach with Surfside, Bal Harbour, Sunny Isles Beach and Brickell, so we price from the closed sales that match your home rather than a citywide median. Start with a free valuation built on recent MLS sales, ask for a full comparative market analysis before you list, or request a guaranteed cash offer if you need a fast, as-is sale.

Investing in Miami Beach

Investors buy in Miami Beach for rental demand from year-round and winter residents, for older apartments and houses to renovate or rebuild, and for small income buildings in South Beach and North Beach. The rules decide what works. The city restricts short-term rentals, and whether a unit can be let by the night or the week depends on the zoning district and the building, so confirm both for the exact address before you count on that income. Most condominium associations also set minimum lease terms, limit how often a unit can be leased and approve tenants, and condo-hotel units come with their own rental programmes and financing limits. The Miami Beach rental pages show live rents, and the price-reduced page tracks sellers who have cut the price.

Thinking About Selling in Miami Beach?

The median Miami Beach single-family home closed at $3,300,000 in the last 90 days and took 143 days to go under contract. Prices in your neighborhood may differ from the city average. Enter your address for a property-specific valuation built on the closed sales nearest your home.

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Miami Beach Housing Market FAQ

What is the median home price in Miami Beach?: Over the last 90 days the median sold price in Miami Beach was $3,300,000 for single-family homes and $495,000 for condos and townhomes, from BeachesMLS closings as of September 23, 2026. Homes for sale now are asking a median $5,625,000 and $559,000 respectively. These figures refresh daily on this page.
Is Miami Beach a buyer's market or a seller's market?: By months of inventory, the single-family side of Miami Beach is a buyer's market right now: 9.5 months of supply, with condos and townhomes at 14 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.
How long does it take to sell a home in Miami Beach?: Single-family homes that closed in Miami Beach in the last 90 days had been on the market 143 days on average, and condos and townhomes 111 days. Sellers achieved 91.7% of their asking price on the typical single-family sale and 94.5% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.
Are home prices in Miami Beach going up or down?: Over the last twelve months the whole-market median sold price in Miami Beach moved from $507,500 (Oct 2025) to $650,000 (Aug 2026), +28.1%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +26.3% and condo medians +10%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.
What is the median rent in Miami Beach?: The median asking rent in Miami Beach is $3,500 a month across 1,836 active rentals: $7,995 for houses and townhomes and $3,499 for condos and apartments. The Miami Beach rentals hub carries the full rental market table, updated daily.
Where do these numbers come from?: Every figure is computed from BeachesMLS through the Spark API: active listings are counted as of the refresh date (September 23, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.