All Home Types
South Beach, FL Housing Market
What is the housing market like in South Beach today?
In January 2025, South Beach home prices were down 32.3% compared to last year, selling for a median price of $813K. On average, homes in South Beach sell after 64 days on the market compared to 40 days last year. There were 8 homes sold in January this year, up from 7 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$812,500
-32.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
South Beach, FL
$812,500
-32.3%
United States
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South Beach Migration & Relocation Trends
In Dec '24 - Feb '25, 29% of South Beach homebuyers searched to move out of South Beach, while 71% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into South Beach from outside metros.
- New York homebuyers searched to move into South Beach more than any other metro followed by San Francisco and Washington.
Where are people moving to South Beach from?
- 71% of South Beach homebuyers searched to stay within the South Beach metropolitan area.
- Cape Coral was the most popular destination among South Beach homebuyers followed by Orlando and Sarasota.
Where are people from South Beach moving to?
Number of People Moving to South Beach
least
most
People are moving to South Beach from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 5,524 | ||
| 2 | 1,975 | ||
| 3 | 1,842 | ||
| 4 | 1,579 | ||
| 5 | 999 | ||
| 6 | 953 | ||
| 7 | 707 | ||
| 8 | 405 | ||
| 9 | 166 | ||
| 10 | 141 | ||
People are leaving South Beach for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,930 | ||
| 2 | 1,772 | ||
| 3 | 893 | ||
| 4 | 854 | ||
| 5 | 838 | ||
| 6 | 821 | ||
| 7 | 698 | ||
| 8 | 603 | ||
| 9 | 579 | ||
| 10 | 419 | ||
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 South Beach.
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