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Miami Beach, Florida

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $79K, +6.6% YoY (ZIP); renters hold 56.2% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +6.3% YoY. inventory, −15.9% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $969,670 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

7 ZIPs in this city:33109 33119 33139 33140 33141 33154 33239

Median Listing Price

$970K

Population

106,188

51,378

Median Days on Market

105

Active Listings

2,436

New Listings

412

Housing Market

The median listing price is up 6.3% YoY while the median home got up 0.6% bigger, so value per square foot is up 2.2%.

Pricing

Median Listing Price

$970K+6.3% YoY

Average Listing Price

$2.63M-1.2% YoY

Price per Sq Ft

$760.897+2.2% YoY

Median Sq Ft

1,098+0.6% YoY

Inventory

Active Listings

2,436-17.5% YoY

New Listings

4120.0% YoY

Total Listings

2,755-15.9% YoY

Buyer Competition

Pending Listings

325-2.4% YoY

Pending Ratio

0.13+18.3% YoY

Median Days on Market

105-9.6% YoY

Price Reduced

9.4%+5.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,094,983

1.1Munits

Occupied975,41189.1%

Vacant119,57210.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 975,411

975Koccupied

Owner509,44052.2%

Renter465,97147.8%

Renter Share

47.8%-0.1% YoY

Total Housing Units

1,094,983+0.9% YoY

FY2026 Fair Market Rent

CountyMiami-Dade County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,828

/month

1 BR

$1,995

/month

2 BR

$2,436

/month

3 BR

$3,127

/month

4 BR

$3,613

/month

FMR trends · Miami-Dade County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 56.2% of this ZIP's 51,378 occupied households, on a median household income of $79K.

Population & Age

Total Population

106,188+0.9% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 106,188

106Kresidents

Under 1817,72716.7%

Adults 18–6468,47164.5%

65 & Over19,99018.8%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

43.16+0.8% YoY

Population Under 18

17,727-0.2% YoY

Population 65 & Over

19,990+5.3% YoY

Households & Mobility

Total Households

51,378+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.05-0.6% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.3%

Moved (within US)16.1%

Other2.5%

Veterans

2.8%+2.8% YoY

Income & Poverty

Median Household Income

$79K+6.6% YoY

Per-Capita Income

$75K+4.5% YoY

Mean Household Income

$152K+3.6% YoY

Below Poverty Level

13.3%-2.0% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone48.5%

Public transit5.1%

Worked from home25.1%

Other21.2%

Worked From Home

25.1%+19.0% YoY

Mean Commute

27.82+1.2% YoY

Units & Tenure

Total Housing Units

78,909+0.1% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 78,909

79Kunits

Occupied51,37865.1%

Vacant27,53134.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 51,378

51Khouseholds

Owner22,48243.8%

Renter28,89656.2%

Avg Household Size — Owner

2.19+0.3% YoY

Avg Household Size — Renter

1.94-1.7% YoY

County Demographics

County population is up 2.0% to 2,738,356: residents under 18 are up 1.4% and those 65 and over are up 2.6%.

Median Age

40.72024

Population

Miami-Dade County Population

2,838,461+2.3% YoY

Households

Total Households

975,411+1.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.76+0.7% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,738,356

2.7Mresidents

Under 18548,07920.0%

Adults 18–641,726,38163.0%

65 & Over463,89616.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

548,079+1.4% YoY

Population 65 & Over

463,896+2.6% YoY

Median Age

40.70-0.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.0%

Moved (within US)9.9%

Other2.1%

Veterans

2.0%-4.8% YoY

County Economy

County median household income is $72K, 14.7% of residents are below the poverty level, 14.0% work from home.

Income

Median Household Income

$72K+4.5% YoY

Per-Capita Income

$39K+4.3% YoY

Mean Household Income

$107K+4.7% YoY

Poverty

Below Poverty Level

14.7%-1.3% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone68.7%

Public transit3.3%

Worked from home14.0%

Other14.0%

Worked From Home

14.0%+13.8% YoY

Mean Commute

30.90-0.3% YoY

Done with Miami Beach? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Miami Beach, Florida

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $79K, +6.6% YoY (ZIP); renters hold 56.2% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +6.3% YoY. inventory, −15.9% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

7 ZIPs in this city:33109 33119 33139 33140 33141 33154 33239

Median Listing Price

$970K

Population

106,188

51,378

Median Days on Market

105

Active Listings

2,436

New Listings

412

Housing Market

The median listing price is up 6.3% YoY while the median home got up 0.6% bigger, so value per square foot is up 2.2%.

Pricing

Median Listing Price

$970K+6.3% YoY

Average Listing Price

$2.63M-1.2% YoY

Price per Sq Ft

$760.897+2.2% YoY

Median Sq Ft

1,098+0.6% YoY

Inventory

Active Listings

2,436-17.5% YoY

New Listings

4120.0% YoY

Total Listings

2,755-15.9% YoY

Buyer Competition

Pending Listings

325-2.4% YoY

Pending Ratio

0.13+18.3% YoY

Median Days on Market

105-9.6% YoY

Price Reduced

9.4%+5.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,094,983

1.1Munits

Occupied975,41189.1%

Vacant119,57210.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 975,411

975Koccupied

Owner509,44052.2%

Renter465,97147.8%

Renter Share

47.8%-0.1% YoY

Total Housing Units

1,094,983+0.9% YoY

FY2026 Fair Market Rent

CountyMiami-Dade County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,828

/month

1 BR

$1,995

/month

2 BR

$2,436

/month

3 BR

$3,127

/month

4 BR

$3,613

/month

FMR trends · Miami-Dade County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 56.2% of this ZIP's 51,378 occupied households, on a median household income of $79K.

Population & Age

Total Population

106,188+0.9% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 106,188

106Kresidents

Under 1817,72716.7%

Adults 18–6468,47164.5%

65 & Over19,99018.8%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

43.16+0.8% YoY

Population Under 18

17,727-0.2% YoY

Population 65 & Over

19,990+5.3% YoY

Households & Mobility

Total Households

51,378+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.05-0.6% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.3%

Moved (within US)16.1%

Other2.5%

Veterans

2.8%+2.8% YoY

Income & Poverty

Median Household Income

$79K+6.6% YoY

Per-Capita Income

$75K+4.5% YoY

Mean Household Income

$152K+3.6% YoY

Below Poverty Level

13.3%-2.0% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone48.5%

Public transit5.1%

Worked from home25.1%

Other21.2%

Worked From Home

25.1%+19.0% YoY

Mean Commute

27.82+1.2% YoY

Units & Tenure

Total Housing Units

78,909+0.1% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 78,909

79Kunits

Occupied51,37865.1%

Vacant27,53134.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 51,378

51Khouseholds

Owner22,48243.8%

Renter28,89656.2%

Avg Household Size — Owner

2.19+0.3% YoY

Avg Household Size — Renter

1.94-1.7% YoY

County Demographics

County population is up 2.0% to 2,738,356: residents under 18 are up 1.4% and those 65 and over are up 2.6%.

Median Age

40.72024

Population

Miami-Dade County Population

2,838,461+2.3% YoY

Households

Total Households

975,411+1.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.76+0.7% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,738,356

2.7Mresidents

Under 18548,07920.0%

Adults 18–641,726,38163.0%

65 & Over463,89616.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

548,079+1.4% YoY

Population 65 & Over

463,896+2.6% YoY

Median Age

40.70-0.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.0%

Moved (within US)9.9%

Other2.1%

Veterans

2.0%-4.8% YoY

County Economy

County median household income is $72K, 14.7% of residents are below the poverty level, 14.0% work from home.

Income

Median Household Income

$72K+4.5% YoY

Per-Capita Income

$39K+4.3% YoY

Mean Household Income

$107K+4.7% YoY

Poverty

Below Poverty Level

14.7%-1.3% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone68.7%

Public transit3.3%

Worked from home14.0%

Other14.0%

Worked From Home

14.0%+13.8% YoY

Mean Commute

30.90-0.3% YoY

Done with Miami Beach? Put it next to another market.