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Port of Miami (Dodge Island)

MIAMI BEACH, FL 33109

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33109

Port of Miami (Dodge Island)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MIAMI BEACH, FL real estate market (33109) currently shows 62 active listings, with 6 pending sales. Homes are averaging 122 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 122 days on market compared to 78 days last year.

The median listing price has fallen 3.9% year-over-year, from $12,450,000 to $11,965,000.

Whether you are buying or selling in MIAMI BEACH, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 792  ·  Density: 968.9/mi²  ·  Median household income: $250,001

Typical home value: $0  ·  Homeownership: 93.6%

Market Overview

Active Listings
62
⇧ 14.8% vs 54 last year
Pending
6
10% pending ratio
Median Price
$11,965,000
⇩ 3.9% vs $12,450,000 last year
Average Price
$16,682,494
⇧ 16.1% vs $14,373,497 last year
Days on Market
122
⇧ 56.4% vs 78 days last year

Price Per Square Foot

Median $/sqft
$3,072
⇧ 1.8% vs $3,018/sqft last year
Median Home Size
3,679 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 54 last year
  • Days on market: 122 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $11,965,000 (-3.9% YoY)
  • Average: $16,682,494 (+16.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.4 miles — 3,888 listings ($8,780,404,534 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33109Miami Beach, FL 331090.0 mi58$987,065,112$11,980,000$17,018,364
33132Miami, FL 331322.3 mi809$1,038,323,185$635,000$1,283,465
33149Key Biscayne, FL 331492.8 mi185$903,210,515$2,175,000$4,882,219
33140Miami Beach, FL 331403.8 mi665$1,887,742,150$850,000$2,838,710
33128Miami, FL 331284.0 mi28$14,293,468$399,000$510,481
33137Miami, FL 331374.3 mi684$1,119,251,088$850,000$1,636,332
33145Miami, FL 331455.8 mi162$163,434,834$856,350$1,008,857
33125Miami, FL 331256.1 mi145$81,749,550$499,500$563,790
33133Miami, FL 331336.7 mi411$1,521,364,587$1,999,000$3,701,617
33150Miami, FL 331507.4 mi128$91,970,432$589,500$718,519
33134Miami, FL 331348.1 mi241$430,363,099$1,250,000$1,785,739
33146Miami, FL 331468.6 mi74$218,846,490$1,995,000$2,957,385
33181Miami, FL 331819.4 mi298$322,790,024$315,000$1,083,188

Frequently Asked Questions

How many homes are for sale in MIAMI BEACH, FL 33109?

As of February 2026, there are 62 active listings in MIAMI BEACH, FL (zip code 33109), compared to 54 the prior year.

What is the median home price in MIAMI BEACH, FL 33109?

The median listing price in MIAMI BEACH, FL 33109 is $11,965,000 as of February 2026, a 3.9% decrease from $12,450,000 the prior year.

How long do homes stay on the market in MIAMI BEACH, FL?

Homes in MIAMI BEACH, FL 33109 spend an average of 122 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in MIAMI BEACH, FL 33109?

Based on current inventory and days-on-market data as of February 2026, MIAMI BEACH, FL 33109 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 122 days on market compared to 78 days last year.

How much can I save on real estate commission in MIAMI BEACH, FL?

With SELL123.com's maximum 3% commission, sellers in MIAMI BEACH, FL 33109 save an estimated $239,300 compared to a typical 5% commission on the median listing price of $11,965,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.