The North Miami Beach housing market is not very competitive. The median sale price of a home in North Miami Beach was $495K last month, up 9.4% since last year. The median sale price per square foot in North Miami Beach is $405, up 7.3% since last year.
What is the housing market like in North Miami Beach today?
In February 2024, North Miami Beach home prices were up 9.4% compared to last year, selling for a median price of $495K. On average, homes in North Miami Beach sell after 89 days on the market compared to 78 days last year. There were 35 homes sold in February this year, down from 40 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$495,000
+9.4% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
North Miami Beach, FL
$495,000
+9.4%
United States
To compare other locations to the North Miami Beach and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. North Miami Beach's median sale price is 20% higher than the national average. Overall cost of living in North Miami Beach is 17% higher than the national average. Learn which home features in North Miami Beach add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the North Miami Beach housing market?
North Miami Beach is not very competitive. Homes sell in 86 days.
0
100
11
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 86 days.
Hot homes
can sell for around list price and go pending in around 37 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
North Miami Beach, FL
95.8%
+2.9 pt
United States
North Miami Beach Migration & Relocation Trends
In Dec '23 - Feb '24, 26% of North Miami Beach homebuyers searched to move out of North Miami Beach, while 74% looked to stay within the metropolitan area.
Where are people moving to North Miami Beach from?
Across the nation, 3% of homebuyers searched to move into North Miami Beach from outside metros.
New York homebuyers searched to move into North Miami Beach more than any other metro followed by Washington and Boston.
Where are people from North Miami Beach moving to?
74% of North Miami Beach homebuyers searched to stay within the North Miami Beach metropolitan area.
Cape Coral was the most popular destination among North Miami Beach homebuyers followed by Orlando and Jacksonville.
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.
Home offer insights for North Miami Beach
Explore recent offers and recently sold homes in North Miami Beach
Recent offers
View houses in North Miami Beach that sold recently
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Ojus Elementary School
Public • PreK-5
900
Students
11 reviews
6/10
Hibiscus Elementary School
Public • PreK-5
524
Students
5 reviews
6/10
Natural Bridge Elementary School
Public • PreK-5
675
Students
2 reviews
6/10
Gertrude K. Edleman/sabal Palm Elementary School
Public • PreK-5
611
Students
7 reviews
6/10
David Lawrence Jr. K-8 Center
Public • PreK-8
1461
Students
17 reviews
Only showing 5 of
11 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Miami Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Miami Beach.
Risk Factor
Flood Factor - Major
94% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Miami Beach has a major risk of flooding. 1,562 properties in North Miami Beach are likely to be
severely affected
by flooding over the next 30 years. This represents 94% of all properties in North Miami Beach. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
North Miami Beach has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Miami Beach is most at risk from hurricanes. 8,686 properties in North Miami Beach have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 220 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 234 mph.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
North Miami Beach has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in North Miami Beach have an Extreme Heat Factor®.
North Miami Beach is expected to see a 285% increase in the number of days over 104ºF over the next 30 years. North Miami Beach is expected to experience 7