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Dynamic.RE · SFR Market Intelligence

North Miami Beach, Florida Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through
Sep 2026
Dynamic.RE Verdict
Balanced Market
Neither side has the edge. We compare North Miami Beach with 2017–2019 at this time of year: there are 30% fewer homes for sale; 11% of sellers have cut their price, against 12% then; listings spend 9% fewer days on the market.
Median list price
$599,995
-3.2%
Demand : Supply
—
Days on market
115 days
Median time on market

The median asking price in North Miami Beach is about $600,000 as of Sep 2026, down 3.2% from a year ago. The typical listing is 3% larger than a year ago, and asking price per square foot is down 8.9%. So the size of homes on the market explains much of the drop. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).

Only on the right house. Neither side has the upper hand in North Miami Beach right now. North Miami Beach is close to its 2017–2019 normal for this time of year. The market will not hand you a discount. You have to find it in one specific listing.

01
The market at a glance
Median $ / sqft
$479
Active inventory
1,664
New listings / mo
230
Days on market
115 days
Price-cut share
10.8%
Pending sales
185
02
Where we are in the cycle
Median asking price
$599,995
50% below the Apr 2022 peak of $1200K
Homes for sale
1,664
2.1× the Apr 2022 low of 803
Days on market
115 days
2.0× the 58-day May 2022 low
03
The renter economy
41%
Renter share · of occupied homes
39.5%
Vacant homes · all units
$67.0K
Median household income
8.9×
Price-to-income · list ÷ income
04
What this means for investors

What stands out in North Miami Beach?

  • Listings spend a median 115 days on the market: among the longest times on market of 765 tracked cities. Stale listings are common. Sellers who have waited are open to offers.
  • Asking prices swing about 2.2% between the cheapest and priciest months: among the flattest seasonal prices of 765 tracked cities. The month you buy matters little here.
  • Asking price per square foot has moved -3.8% a year over five years: among the weakest five-year price growth of 765 tracked cities. Appreciation has been weak, so buy for cash flow.

How far have North Miami Beach prices fallen?

Asking price per square foot in North Miami Beach is 34.7% below its May 2022 high and down 8.9% over the last year. Prices were above the year before in 49% of months since the data starts, so drops here have not always reversed quickly. 11% of sellers have cut their price. Underwrite with no price growth for now and let the seller carry the next cut.

Is housing keeping up with North Miami Beach's growth?

The population in North Miami Beach's ZIP codes grew 10.4% over five years, faster than 85% of the cities we track. Households (+4.1%) grew faster than housing (-8.2%). Demand is outrunning supply. Homes for sale are 30% below 2017–2019 at this time of year.

How much can you negotiate in North Miami Beach?

Pending-sale counts for North Miami Beach were thinly reported until recently, so this page reads demand from how long listings stay on the market, how many sellers cut, and how much is for sale. Few sellers are dropping their price. Your discount will come from one stale listing.

North Miami Beach listings spend a median 115 days on the market. There are 1,664 homes for sale in North Miami Beach. That is 2.1 times the tightest month on record, but below the peak of 2,646. Supply is shrinking against last year.

What to do about it

  • Judge each listing on its own.
  • Homes listed 180+ days ago with a price cut are where your discount is.
  • Fresh, well-priced homes will not move on price. Do not waste offers on them.

Is now a good time to buy in North Miami Beach?

The median asking price is 50.0% below its Apr 2022 peak. Per square foot the gap is smaller: 34.7% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. North Miami Beach prices rose in just 54 of 111 months. Prices here mostly do not grow. Buy this market for rent income.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

How does North Miami Beach compare with other Florida markets?

Ranked among the 52 Florida markets we track:

  • Asking price: 7th priciest of 52. North Miami Beach is at $599,995. Closest: Boca Raton and Bonita Springs.
  • Time on market: the longest time on market of 52. North Miami Beach is at a median of 115 days on market. Closest: Miami Beach.
  • Price cuts: 2nd fewest price cuts of 52. North Miami Beach is at 11% of sellers cutting. Closest: Bonita Springs and Miami Beach.

When do North Miami Beach prices dip?

Across 9 full years, North Miami Beach asking prices ran lowest in December, about 0.9% below the year's average. They peaked in May. The most homes for sale show up in February, about 3% above the yearly average. Shop in February for choice, and expect the softest asking prices in December.

What numbers should you underwrite a North Miami Beach deal with?

  • Price growth to assume — -3.0%/yr. North Miami Beach grew 0.8% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, North Miami Beach loses about 3.8% a year. That is the number to type in. Prices fell 8.9% over the last year. Use it for timing. The five-year rate is the better guide.
  • Months of carrying cost — 4. Budget at least 115 days of holding costs, the current median time on market, when you exit or refinance.
  • Odds you cut your price to sell — 1 in 9. 11% of North Miami Beach listings have cut their asking price. Underwrite your exit below asking.
  • Comp on price per square foot — $479/sqft. The typical North Miami Beach listing shrank from 1,574 to 1,393 sqft since Jul 2016. So median price hides real growth: 3% per sqft versus -18% on the median. Comp on median price and you will overpay for small homes.
  • Competition when you exit — -12%. Homes for sale in North Miami Beach are down 12% on last year, so your resale faces less competition than today's comps did.

Read how price cuts signal a market turning and how we read these numbers, then run the numbers on a deal.

05
Frequently asked questions

What is the median home price in North Miami Beach?

The median asking price in North Miami Beach is about $600,000 as of Sep 2026, down 3.2% from a year ago. The typical listing is 3% larger than a year ago, and asking price per square foot is down 8.9%. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our North Miami Beach figures cover the 1 ZIP code with a North Miami Beach mailing address, which can reach past city limits.

Is North Miami Beach a buyer's or seller's market in 2026?

Neither side has the upper hand in North Miami Beach right now. We compare North Miami Beach with 2017–2019 at this time of year: there are 30% fewer homes for sale; 11% of sellers have cut their price, against 12% then; listings spend 9% fewer days on the market.

Are North Miami Beach home prices going up or down?

The median asking price is 50.0% below its Apr 2022 peak. Per square foot the gap is smaller: 34.7% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What price growth should I assume for North Miami Beach?

Assume -3.0% a year. North Miami Beach grew 0.8% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, North Miami Beach loses about 3.8% a year. That is the number to type in. Prices fell 8.9% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in North Miami Beach?

HUD's fiscal year 2026 fair market rent for Miami-Dade County is $2,436 a month for 2 bedrooms and $3,127 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.

06
ZIP-level detail

Which ZIP codes are in North Miami Beach?

North Miami Beach has one ZIP code. It links to its live market dashboard.

  • 331601664 for sale · 11% cutting · 115 days
07
Where else to look

Markets similar to North Miami Beach

Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.

  • Bonita Springs, FL — $613,985 median, 100 days on market, 11% of sellers cutting
  • Miami, FL — $667,809 median, 87 days on market, 13% of sellers cutting
  • Miami Beach, FL — $729,761 median, 105 days on market, 9% of sellers cutting
  • Fort Lauderdale, FL — $385,353 median, 88 days on market, 16% of sellers cutting
See what a North Miami Beach property is actually worth
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