Surfside, Bal Harbour, FL—33154
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Surfside, Bal Harbour, FL
As of Oct '25, the median home price in Surfside, Bal Harbour, FL is $1,132,000, with a year-over-year change of -3.1%. This indicates that home prices in Surfside, Bal Harbour, FL are decreasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,132,000 | -3.1% |
| Single Family | $1,657,000 | -3.3% |
| Condos | $926,000 | -4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $411,000 | -5.3% |
2 Bed | $952,000 | -4.6% |
3 Bed | $2,020,000 | -1.9% |
4 Bed | $3,237,000 | -1.0% |
| 5 Bed | $7,755,000 | -2.7% |
% of Housing Stock
Rental Trends — Surfside, Bal Harbour, FL
As of July '25, Rentcast reports the average rent in Surfside, Bal Harbour, FL is $4,510, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Surfside, Bal Harbour, FL is studios: $2,710, 1-bedrooms: $3,040, 2-bedrooms: $4,960, 3-bedrooms: $6,700, 4-bedrooms: $9,020. The most common rental property sizes in Surfside, Bal Harbour, FL are 2-bedroom and 1-bedroom, accounting for 48.4% and 35.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $4,510 |
| Studio Rent | $2,900 | $2,710 |
| 1 Bed Rent | $2,750 | $3,040 |
| 2 Bed Rent | $4,600 | $4,960 |
| 3 Bed Rent | $6,500 | $6,700 |
| 4 Bed Rent | $8,950 | $9,020 |
% of Rental Stock
Property Listings — Surfside, Bal Harbour, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Surfside, Bal Harbour, FL is 115. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,500,000 | -13.0% |
Listing Count | 522 | 18.0% |
| Listings as % of Homes | 3.6% | 18.0% |
Days on Market | 115 | 14.0% |
Demographics — Surfside, Bal Harbour, FL
As of the latest ACS Survey released in 2023, Surfside, Bal Harbour, FL has a population of 14,400, which has decreased by -2.4% over the past 5 years. Surfside, Bal Harbour, FL is a popular place for families, as children make up 28.5% of the population. The area has a highly educated workforce, with 58.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,400 | -2.4% |
% Under 18 | 28.5% | 21.8% |
% Seniors | 18.0% | -23.7% |
% WFH | 21.0% | 18.6% |
% w/ College Degree | 58.9% | 5.2% |
As of the latest ACS Survey released in 2023, Surfside, Bal Harbour, FL is a predominantly white area, with 53.0% of the population identifying as white. The white population has grown by 6.2% in the last 5 years. The second most common race or ethnicity in Surfside, Bal Harbour, FL is hispanic, making up 41.2% of the population. Foreign-born residents account for 45.6% of the population in Surfside, Bal Harbour, FL, and this percentage has increased by 4.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.0% | 6.2% |
% Black | 2.3% | -11.5% |
% Hispanic | 41.2% | -9.6% |
% Asian | 0.8% | -50.0% |
% Foreign Born | 45.6% | 4.1% |
Mortgage and Risk — Surfside, Bal Harbour, FL
According to HUD data as of 2023, there were 160 mortgage originations in Surfside, Bal Harbour, FL, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Surfside, Bal Harbour, FL. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 160 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 5.0% |
% Second Loans | 19.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Surfside, Bal Harbour, FL
As of 2024, the percent of homes in Surfside, Bal Harbour, FL under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Surfside, Bal Harbour, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $2,750 | $2,370 |
| 2 Bedroom | -$1,690 | $4,600 | $2,910 |
| 3 Bedroom | -$2,740 | $6,500 | $3,760 |
| 4 Bedroom | -$4,540 | $8,950 | $4,410 |
Affordability — Surfside, Bal Harbour, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.6 |
| Median Home Price | $1,132,000 |
| Median Household Income | $87,800 |