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Bayshore La Gorce Nautilus Oceanfront

MIAMI BEACH, FL 33140

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33140

Bayshore · La Gorce · Nautilus · Oceanfront

Market Analysis

Data as of June 2026. Source: Realtor.com.

The MIAMI BEACH, FL real estate market (33140) currently shows 602 active listings, with 69 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has tightened compared to last year, with 108 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 97 days on market compared to 107 days last year.

The median listing price has fallen 8.1% year-over-year, from $849,725 to $780,975.

Whether you are buying or selling in MIAMI BEACH, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,785  ·  Density: 2,474.5/mi²  ·  Median household income: $98,935

Typical home value: $854,949  ·  Homeownership: 56.9%

Market Overview

Active Listings
602
⇩ 15.2% vs 710 last year
Pending
69
11% pending ratio
Median Price
$780,975
⇩ 8.1% vs $849,725 last year
Average Price
$2,473,781
⇧ 10.3% vs $2,243,540 last year
Days on Market
97
⇩ 9.3% vs 107 days last year

Price Per Square Foot

Median $/sqft
$707
⇩ 5.6% vs $749/sqft last year
Median Home Size
1,086 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 602 this year vs 710 last year
  • Days on market: 97 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $780,975 (-8.1% YoY)
  • Average: $2,473,781 (+10.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.7 miles — 4,027 listings ($8,574,114,829 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33140Miami Beach, FL 331400.0 mi667$2,009,004,667$850,000$3,012,001
33137Miami, FL 331372.4 mi702$1,153,078,524$844,475$1,642,562
33132Miami, FL 331323.5 mi824$1,067,025,616$630,000$1,294,934
33109Miami Beach, FL 331093.8 mi62$1,034,314,628$11,965,000$16,682,494
33136Miami, FL 331364.5 mi51$39,759,447$360,000$779,597
33154Miami Beach, FL 331544.9 mi532$2,356,974,928$1,693,500$4,430,404
33150Miami, FL 331504.9 mi128$92,834,816$558,500$725,272
33181Miami, FL 331815.7 mi307$348,255,274$337,500$1,134,382
33161Miami, FL 331616.0 mi260$167,174,800$546,175$642,980
33125Miami, FL 331256.5 mi144$81,370,944$493,750$565,076
33135Miami, FL 331356.9 mi89$81,778,896$821,500$918,864
33142Miami, FL 331427.3 mi134$71,082,310$504,950$530,465
33167Miami, FL 331677.7 mi127$71,459,979$539,475$562,677

Frequently Asked Questions

How many homes are for sale in MIAMI BEACH, FL 33140?

As of June 2026, there are 602 active listings in MIAMI BEACH, FL (zip code 33140), compared to 710 the prior year.

What is the median home price in MIAMI BEACH, FL 33140?

The median listing price in MIAMI BEACH, FL 33140 is $780,975 as of June 2026, a 8.1% decrease from $849,725 the prior year.

How long do homes stay on the market in MIAMI BEACH, FL?

Homes in MIAMI BEACH, FL 33140 spend an average of 97 days on the market before going under contract, compared to 107 days the prior year.

Is it a seller's or buyer's market in MIAMI BEACH, FL 33140?

Based on current inventory and days-on-market data as of June 2026, MIAMI BEACH, FL 33140 is currently a Seller's Market. Inventory has tightened compared to last year, with 108 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 97 days on market compared to 107 days last year.

How much can I save on real estate commission in MIAMI BEACH, FL?

With SELL123.com's maximum 3% commission, sellers in MIAMI BEACH, FL 33140 save an estimated $15,620 compared to a typical 5% commission on the median listing price of $780,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.