Live MLS data · 400 active listings · $689K median · Updated August 2026
The Miami Beach housing market has 400 active listings with a median asking price of $689K as of August 2026. 19% of listings have had a price reduction. Average price per square foot is $1004, with homes spending an average of 122 days on market — a buyer's market.
400
Active Listings
$689K
Median Price
$1004
Avg $/sqft
122
Avg Days on Market
19%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 198 | $400K |
| 2 BR | 116 | $775K |
| 3 BR | 38 | $2.8M |
| 4 BR | 24 | $4.7M |
| 5+ BR | 24 | $8.8M |
The Miami Beach real estate market currently has 400 active listings as of August 2026, with a median asking price of $689K and an average of $1004/sqft. Homes are spending an average of 122 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.
Stock cooperative represent the best value in Miami Beach right now, with an average price per square foot of $362 and a median asking price of $185K. There are currently 8 active stock cooperative listings available.
With 19% of listings having seen a price reduction, there is meaningful negotiating room in Miami Beach. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.
As of August 2026, the median asking price in Miami Beach is $689K, with an average of $2.2M. Prices range from $75K to $37M. The average price per square foot is $1004.
Miami Beach is currently a buyer's market. Homes average 122 days on market and 19% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.
As of August 2026, homes in Miami Beach spend an average of 122 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.
Stock cooperative are currently the most affordable by price per square foot in Miami Beach, averaging $362/sqft with a median price of $185K. There are 8 active stock cooperative listings available.
Based on the median home price of $689K in Miami Beach, Casa Simple buyers typically receive savings of $5K–$9K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.
HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.
ELLA analyzes every listing in Miami Beach with an AI-powered IQ score. Get up to $9K back at closing.