The South Beach housing market is somewhat competitive. The median sale price of a home in South Beach was $1.1M last month, up 17.6% since last year. The median sale price per square foot in South Beach is $895, down 10.9% since last year.
What is the housing market like in South Beach today?
In October 2024, South Beach home prices were up 17.6% compared to last year, selling for a median price of $1.1M. On average, homes in South Beach sell after 62 days on the market compared to 52 days last year. There were 67 homes sold in October this year, down from 70 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,070,000
+17.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
South Beach, CA
$1,070,000
+17.6%
United States
To compare other locations to the South Beach and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in San Francisco add value to a home.
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How hot is the South Beach housing market?
South Beach is somewhat competitive. Homes sell in 63 days.
0
100
37
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 63 days.
Hot homes
can sell for around list price and go pending in around 32 days.
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 South Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Beach.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Beach has a minor risk of flooding. 112 properties in South Beach are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in South Beach. Flood risk is increasing faster than the national average.
South Beach has minimal risk of severe winds over the next 30 years
Wind Factor
South Beach has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.