4-week rolling average · Data through March 12, 2026 · ZIP 33139
Miami Beach (33139) shows a striking gap between the median list price of $499,000 and the median sale price of $4,600,000, indicating that closed transactions are concentrated in the luxury segment rather than reflecting the broader listing pool. With 1,445 active listings and a median days on market of 47, the market is moving at a moderate pace, supported by a competition score of 58. The median price per square foot of $1,596.35 confirms the premium nature of homes that are actually transacting in this zip code.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $384K | $3K/mo |
| 2BR | $900K | $5K/mo |
| 3BR | $3.30M | $6K/mo |
| 4BR | $4.70M | $6K/mo |
| 5BR | $4.60M | — |
| 6BR | $1.43M | — |
| 7BR | $7M | — |
| 8BR | $2.65M | — |
Sellers in Miami Beach are operating in a market with 1,445 active listings and a median days on market of 47, which means precise pricing and strong presentation are essential to attracting serious buyers. The gap between the median list price of $499,000 and the median sale price of $4,600,000 reflects a highly segmented market where luxury properties are the primary driver of closed transactions.
Buyers in Miami Beach have meaningful options, with 1,445 active listings and a median days on market of 47 providing reasonable time to evaluate properties and negotiate terms. Sale prices by bedroom range from $300,000 for studios up to $7,000,000 for 7-bedroom homes, offering entry points across a wide range of budgets in this desirable coastal market.
Miami Beach offers a rental market with 1,376 units in inventory and a median rent of $2,900, reflecting steady demand, though investors should weigh rental yields carefully against a median sale price of $4,600,000 for properties currently transacting. Three-bedroom rentals command $6,000 per month, which may represent stronger relative cash flow potential compared to larger luxury units that carry significantly higher acquisition costs.
The current 30-year mortgage rate of 6.37% and 15-year rate of 5.72% add substantial carrying costs for buyers financing purchases in this luxury market. At a median sale price of $4,600,000, even small rate movements translate into significant monthly payment differences, making financing structure a critical consideration for any purchase decision in zip code 33139.
Get these market reports sent to your clients automatically every week — branded with your name and contact info.
Get started free →Data sources: Rentcast · Zillow · Federal Reserve (FRED)
Market intelligence by FarmPosts