Market Intelligence · FL / Miami Beach

Miami Beach, FL 33109 Housing Market

In Miami Beach, FL 33109, the typical home value is $6,862,744, up 7.8% over the past year. The median list price is $10,900,000, and homes spend a median of 140 days on market.

Updated August 2026Median value$6863K

The median home value in Miami Beach, FL 33109 is $6.86M as of August 2026, up 7.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 33109 range

$6.31M to $7.41M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.8% over 12 months

Typical home value in 33109 over the last 12 months: $6.37M in Aug 2025 to $6.86M in Aug 2026 (+7.8%).

Aug 2025$6.37M

Aug 2026$6.86M

The numbers

What is the 33109 housing market like?

Typical home value

$6.86M

Up7.8%YoY

Median list price

$10.9M

Up0.2%MoM

Days on market

140

Down4.8%MoM

Homes for sale

42

Up2.4%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

4

Flat0.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 33109 home prices compare?

  • 33109$6,862,744
  • Miami Beach$684,957
  • Florida$345,153
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami Beach: 5 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

The 33109 market is small and high priced, with 42 homes for sale and only 4 new listings. The gap between the typical home value of $6,862,744 and the median list price of $10,900,000 suggests many active listings sit at the top of the local range. A median of 140 days on market points to a slow pace, not a fast bidding environment. With 0.0% of listings showing a price cut and values up 7.8% over the past year, sellers are not yet discounting broadly. For a seller, the honest read is that value support exists, but patience and realistic pricing matter.

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