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Bayshore La Gorce Nautilus Oceanfront

MIAMI BEACH, FL 33140

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33140

Bayshore · La Gorce · Nautilus · Oceanfront

Market Analysis

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

The MIAMI BEACH, FL real estate market (33140) currently shows 667 active listings, with 59 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has tightened compared to last year, with 34 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 105 days on market compared to 93 days last year.

The median listing price has fallen 1.7% year-over-year, from $865,000 to $850,000.

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: 19,785  ·  Density: 2,474.5/mi²  ·  Median household income: $98,935

Typical home value: $854,949  ·  Homeownership: 56.9%

Market Overview

Active Listings
667
⇩ 4.9% vs 701 last year
Pending
59
9% pending ratio
Median Price
$850,000
⇩ 1.7% vs $865,000 last year
Average Price
$3,012,001
⇧ 13.4% vs $2,656,427 last year
Days on Market
105
⇧ 12.9% vs 93 days last year

Price Per Square Foot

Median $/sqft
$778
⇩ 0.3% vs $780/sqft last year
Median Home Size
1,190 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 667 this year vs 701 last year
  • Days on market: 105 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $850,000 (-1.7% YoY)
  • Average: $3,012,001 (+13.4% 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 7.7 miles — 3,967 listings ($8,419,027,486 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33140Miami Beach, FL 331400.0 mi665$1,887,742,150$850,000$2,838,710
33137Miami, FL 331372.4 mi684$1,119,251,088$850,000$1,636,332
33132Miami, FL 331323.5 mi809$1,038,323,185$635,000$1,283,465
33109Miami Beach, FL 331093.8 mi58$987,065,112$11,980,000$17,018,364
33136Miami, FL 331364.5 mi50$35,710,450$357,000$714,209
33154Miami Beach, FL 331544.9 mi540$2,467,002,960$1,689,900$4,568,524
33150Miami, FL 331504.9 mi128$91,970,432$589,500$718,519
33181Miami, FL 331815.7 mi298$322,790,024$315,000$1,083,188
33161Miami, FL 331616.0 mi256$174,257,664$580,000$680,694
33125Miami, FL 331256.5 mi145$81,749,550$499,500$563,790
33135Miami, FL 331356.9 mi83$76,189,103$829,500$917,941
33142Miami, FL 331427.3 mi131$68,493,088$499,250$522,848
33167Miami, FL 331677.7 mi120$68,482,680$544,000$570,689

Frequently Asked Questions

How many homes are for sale in MIAMI BEACH, FL 33140?

As of February 2026, there are 667 active listings in MIAMI BEACH, FL (zip code 33140), compared to 701 the prior year.

What is the median home price in MIAMI BEACH, FL 33140?

The median listing price in MIAMI BEACH, FL 33140 is $850,000 as of February 2026, a 1.7% decrease from $865,000 the prior year.

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

Homes in MIAMI BEACH, FL 33140 spend an average of 105 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in MIAMI BEACH, FL 33140?

Based on current inventory and days-on-market data as of February 2026, MIAMI BEACH, FL 33140 is currently a Balanced Market. Inventory has tightened compared to last year, with 34 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 105 days on market compared to 93 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 33140 save an estimated $17,000 compared to a typical 5% commission on the median listing price of $850,000. 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.