The Miami Beach City Center housing market is not very competitive. The median sale price of a home in Miami Beach City Center was $668K last month, up 53.4% since last year. The median sale price per square foot in Miami Beach City Center is $1.22K, up 51.7% since last year.
What is the housing market like in Miami Beach City Center today?
In March 2024, Miami Beach City Center home prices were up 53.4% compared to last year, selling for a median price of $668K. On average, homes in Miami Beach City Center sell after 86 days on the market compared to 135 days last year. There were 26 homes sold in March this year, down from 39 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$667,500
+53.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Miami Beach City Center, FL
$667,500
+53.4%
United States
To compare other locations to the Miami Beach City Center and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in 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 Miami Beach City Center housing market?
Miami Beach City Center is not very competitive. Homes sell in 88 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 5% below list price and go pending in around 88 days.
Hot homes
can sell for about 1% below list price and go pending in around 61 days.
Learn about schools in the Miami Beach City Center area
Elementary
Middle
High
GreatSchools Rating
5/10
Fienberg/fisher K-8 Center
Public • PreK-8
869
Students
16 reviews
NR
Miami Beach Adult & Community Education Center
Public • N/A
-
Students
N/A
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 Miami Beach City Center housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Miami Beach City Center.
Risk Factor
Flood Factor - Extreme
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Miami Beach City Center has an extreme risk of flooding. 353 properties in Miami Beach City Center are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Miami Beach City Center. Flood risk is increasing slower 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
Miami Beach City Center has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Miami Beach City Center is most at risk from hurricanes. 363 properties in Miami Beach City Center 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 198 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 215 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Miami Beach City Center has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Miami Beach City Center have an Extreme Heat Factor®.
Miami Beach City Center is expected to see a 314% increase in the number of days over 101ºF over the next 30 years. Miami Beach City Center is expected to experience 6