All Home Types
Margate, FL Housing Market
What is the housing market like in Margate today?
In October 2024, Margate home prices were down 1.1% compared to last year, selling for a median price of $346K. On average, homes in Margate sell after 71 days on the market compared to 40 days last year. There were 70 homes sold in October this year, down from 81 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$346,000
-1.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Margate, FL
$346,000
-1.1%
United States
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Margate Migration & Relocation Trends
In Sep '24 - Nov '24, 30% of Margate homebuyers searched to move out of Margate, while 70% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Margate from outside metros.
- New York homebuyers searched to move into Margate more than any other metro followed by San Francisco and Washington.
Where are people moving to Margate from?
- 70% of Margate homebuyers searched to stay within the Margate metropolitan area.
- Cape Coral was the most popular destination among Margate homebuyers followed by Orlando and Jacksonville.
Where are people from Margate moving to?
Number of People Moving to Margate
least
most
People are moving to Margate from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,605 | ||
| 2 | 1,578 | ||
| 3 | 1,287 | ||
| 4 | 1,017 | ||
| 5 | 678 | ||
| 6 | 664 | ||
| 7 | 507 | ||
| 8 | 252 | ||
| 9 | 153 | ||
| 10 | 78 | ||
People are leaving Margate for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,262 | ||
| 2 | 1,513 | ||
| 3 | 871 | ||
| 4 | 732 | ||
| 5 | 713 | ||
| 6 | 700 | ||
| 7 | 610 | ||
| 8 | 604 | ||
| 9 | 522 | ||
| 10 | 346 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Margate.
Provided by First Street Foundation
Transportation in Margate
Learn about the walkability, bikeability, and transit-friendliness of Margate
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Somewhat Bikeable
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