Miami Beach, FL Housing Market 2026: What Homes Actually Sell For

Miami Beach's tracked sales are overwhelmingly condos, which changes how every number below should be read: the median tracks that segment, not a blend of property types. Here is what actually closed over the last six months, as of August 2026.

The snapshot

• •Closings tracked, last 6 months: 1,613
• •Median sold price, last 6 months: $560,000
• •Median sold $/sqft, last 6 months: $610
• •Middle half of sales closed between: $320,000 and $1,670,000

What the numbers say

Resideline tracked 1,613 closed sales in Miami Beach over the last six months, with a median closing price of $560,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $320,000 and $1,670,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. The large tracked sample provides substantial market-level evidence. 84% of the Miami Beach closings we track here are condos, so these figures describe that segment rather than every property type in the city, and the citywide $/sqft figure primarily reflects that segment as well. Across the 1,598 closings with usable living area, the middle half sold between $442 and $1,086 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Miami Beach, FL (August 2026)

The median home price in Miami Beach is $560,000, measured across the 1,613 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $320,000 and $1,670,000.

Where Miami Beach sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Miami Beach over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $320,000 and $1,670,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 80 days, across 847 Miami Beach closings Resideline tracked in the last six months
• •Contract to closing: a median of 27 days, across 751 Miami Beach closings Resideline tracked in the last six months

The Miami Beach angle

Miami Beach produces one of the most dispersed closed records we track. Across 1,613 closings Resideline tracked over the last six months, the median closed sale price was $560,000, while the middle half of sales closed between $320,000 and $1,670,000, a spread in one of the widest ten percent of markets we track. The distance from the median up to the upper quartile dwarfs the distance down to the lower quartile, so an average of anything here is a number without an address behind it. Price strictly from closings matched to the subject, treat the citywide median as context and never as a starting value, and use a record deeper than most markets we track to justify very tight filters.

Miami Beach market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Miami Beach ZIP codes: 33139 · 33141 · 33140.

From market read to offer price

In a market this concentrated in condos, pricing any one property starts with its own segment, not the citywide line. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Miami Beach address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Miami Beach, FL
Data updated: August 2026
Analysis period: last six months
Tracked closings: 1,613
Median sold price: $560,000
Median sold $/sqft: $610 (1,598 qualifying)
Property mix: 84% condos
https://resideline.com/blog/miami-beach-fl-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Miami Beach over the last six months, and is refreshed when the data is. The closings we track inside the city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 21% of the 1,613 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $620,500.