Market Intelligence · FL / Miami Beach

Miami Beach, FL 33109 Housing Market

Homes in Miami Beach 33109 are valued at $6,993,067 on average, up 9.7% over the past year. The median list price stands at $10,900,000, with homes spending 160 days on the market as of September 2026.

Updated September 2026Median value$6993K

The median home value in Miami Beach, FL 33109 is $6.99M as of September 2026, up 9.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 33109 range

$6.43M to $7.55M

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

+9.7% over 12 months

Typical home value in 33109 over the last 12 months: $6.37M in Sep 2025 to $6.99M in Sep 2026 (+9.7%).

Sep 2025$6.37M

Sep 2026$6.99M

The numbers

What is the 33109 housing market like?

Typical home value

$6.99M

Up9.7%YoY

Median list price

$10.9M

Flat0.0%MoM

Days on market

160

Up14.3%MoM

Homes for sale

44

Up4.8%MoM

Price cuts

0.0%

New listings

4

Flat0.0%MoM

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

The outlook

33109 housing market forecast 2027

+2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33109 to rise 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 33109 rose 9.7%, per the Zillow Home Value Index.

Will home prices drop in 33109?

Zillow's forecast does not call for a drop: it expects typical home values in 33109 to rise 2.2% by September 2027, after a 9.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 33109 home prices compare?

  • 33109$6,993,067
  • Miami Beach$692,899
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami Beach: 5 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

Miami Beach 33109 has 44 homes for sale, with only 4 new listings arriving in September 2026. The median list price of $10,900,000 reflects a market serving luxury buyers, while the median days on market of 160 indicates a measured pace of sales. Notably, no listings have been reduced in price. The gap between typical home value and median list price suggests a bifurcated market, with unique or premium properties commanding higher asking prices. Sellers should understand that this market rewards distinct properties and patient positioning.

Monthly payment

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20% · $1,398,613

Common questions

What people ask us.

What is the typical home value in Miami Beach 33109?

The typical home value is $6,993,067, reflecting a 9.7% increase over the past year as of September 2026.

How long do homes typically stay on the market in 33109?

As of September 2026, the median days on market is 160.

How many homes are currently for sale in Miami Beach 33109?

There are 44 homes for sale as of September 2026, with 4 new listings that month.

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