Live MLS data · 1,000 active listings · $625K median · Updated May 2026
The Miami Beach housing market has 1,000 active listings with a median asking price of $625K as of May 2026. 48% of listings have had a price reduction. Average price per square foot is $1159, with homes spending an average of 138 days on market — a buyer's market.
1,000
Active Listings
$625K
Median Price
$1159
Avg $/sqft
138
Avg Days on Market
48%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 490 | $389K |
| 2 BR | 327 | $804K |
| 3 BR | 86 | $3.2M |
| 4 BR | 49 | $5.2M |
| 5+ BR | 48 | $14.8M |
The Miami Beach real estate market currently has 1,000 active listings as of May 2026, with a median asking price of $625K and an average of $1159/sqft. Homes are spending an average of 138 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 $446 and a median asking price of $235K. There are currently 18 active stock cooperative listings available.
With 48% 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 May 2026, the median asking price in Miami Beach is $625K, with an average of $2.4M. Prices range from $80K to $100M. The average price per square foot is $1159.
Miami Beach is currently a buyer's market. Homes average 138 days on market and 48% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.
As of May 2026, homes in Miami Beach spend an average of 138 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 $446/sqft with a median price of $235K. There are 18 active stock cooperative listings available.
Based on the median home price of $625K in Miami Beach, Casa Simple buyers typically receive a rebate of $4K–$8K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate 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 $8K back at closing.