How much do homes in North Miami Beach, FL cost?

Median List Price

$349,878

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$41,336(+13.4%)

Key Takeaway

The list price of homes in North Miami Beach has increased by 13.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $135K$140K+3.7%
2 $299K$315K+5.4%
3 $330K$389K+17.9%
4 $350K$460K+31.4%
5+ $1.0M$2.6M+144.8%

Median List Price Compared To Nearby Cities

North Miami Beach
+13.4%
North Miami
+10.7%
Sunny Isles Beach
+10.2%
Aventura
+9.3%
Miami Gardens
+9.2%

How many homes are available in North Miami Beach, FL?

Number of Homes For Sale

Apr 2021May 2021%
397391-1.5%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 57570.0%
2 173169-2.3%
3 119116-2.5%
4 2930+3.4%
5+ 19190.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

May 2020May 2021%
258 Days193 Days-25.4%

Breakdown of Home Sale Times

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About North Miami Beach, FL

Homes for sale in North Miami Beach, FL have reached 391.

In May 2021, listings were on the market for 193 days. During the same period, the median list price in this real estate market was $349,878.

From April 2021 through May 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 3.7%, 2 bedrooms properties prices increased by 5.4%, prices of 3 bedrooms properties increased by 17.9%, 4 bedrooms properties became 31.4% more expensive, prices of 5 bedrooms properties went up by 144.8%.

The inventory of homes for sale in North Miami Beach, FL between April 2021 and May 2021 decreased by 1.5%.

This housing market inventory have changed: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 2.3%, volume of 3 bedrooms homes went dowm by 2.5%, 4 bedrooms homes inventory increased by 3.4%, number of 5 bedrooms homes remained the same.

Over 8 listings were sold over their listed price in May 2021 in North Miami Beach, FL. In the same period over 25 listings were sold below the listed price and 7 listings were sold for the listed price.

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