Homes for Sale Under 500K in Miami Beach, FL

573 Homes for Sale

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Miami Beach, FL Housing Market Overview

Miami Beach is a buyer's market right now. Homes are sitting on the market for 126 days on average. With 10.8 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

126

Inventory

1,477

Sep 2021Jun 2024Sep 2026

Median Home Price

$555,000Up 2.78%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
1,477 Down 34.67%
Newly Listed Homes
1,066 Down 9.35%
Months of Supply
10.8 Down 31.21%

Housing Demand

Homes Sold
409 Down 5.10%
Sale-to-List Ratio
93.3% Down 0.21%
Homes Sold Above List
2% Down 30.14%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Miami Beach Market Report
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  • mls-imgIDX Logo
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
  • mls-img
    Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® through Oct 9, 2026, 2:30 PM. The MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law. Copyright Southeast Florida MLS a/k/a SEFMLS © 2026. All rights reserved.
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Miami Beach, FL Housing Marketlink qauare
Homes Available icon

573

Homes Available

Median List Price icon

$ 555,000

Median List Price

Avg on Market icon

126 Days

Avg on Market

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