Miami Beach, FL—33109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Miami Beach, FL
As of Oct '25, the median home price in Miami Beach, FL is $6,036,000, with a year-over-year change of -0.5%. This indicates that home prices in Miami Beach, FL are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $6,036,000 | -0.5% |
| Single Family | N/A | N/A |
| Condos | $6,157,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $3,204,000 | -7.2% |
3 Bed | $5,976,000 | -1.8% |
4 Bed | $10,675,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Miami Beach, FL
Miami Beach, FL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Miami Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Miami Beach, FL is 123. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $11,200,000 | 1.0% |
Listing Count | 55 | 8.0% |
| Listings as % of Homes | 5.5% | 8.0% |
Days on Market | 123 | -5.0% |
Demographics — Miami Beach, FL
As of the latest ACS Survey released in 2023, Miami Beach, FL has a population of 893, which has increased by 88.0% over the past 5 years. Miami Beach, FL is a less popular place for families, as children make up 13.1% of the population. The area has a highly educated workforce, with 72.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 68.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 893 | 88.0% |
% Under 18 | 13.1% | ∞% |
% Seniors | 41.5% | -41.0% |
% WFH | 68.5% | 72.5% |
% w/ College Degree | 72.7% | -13.7% |
As of the latest ACS Survey released in 2023, Miami Beach, FL is a predominantly white area, with 87.6% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Miami Beach, FL is hispanic, making up 7.5% of the population. Foreign-born residents account for 20.5% of the population in Miami Beach, FL, and this percentage has decreased by 32.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.6% | 1.0% |
% Black | 0.0% | N/A |
% Hispanic | 7.5% | -43.6% |
% Asian | 2.5% | ∞% |
% Foreign Born | 20.5% | -32.8% |
Mortgage and Risk — Miami Beach, FL
Miami Beach, FL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Miami Beach, FL
Miami Beach, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,800 |
| 2 Bedroom | N/A | N/A | $3,440 |
| 3 Bedroom | N/A | N/A | $4,450 |
| 4 Bedroom | N/A | N/A | $5,210 |
Affordability — Miami Beach, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 21.3 |
| Median Home Price | $6,036,000 |
| Median Household Income | $250,000 |