Real Estate in North miami beach, FL
Updated 2026 • Housing market data from 3 zip codes • Redfin data through January 2026
📊 North miami beach, FL Market Activity
The North miami beach housing market shows a median sale price of $518,750, -4.0% lower than last year. The price per square foot is $388, 388% above the national median of ~$215/sqft, down -2.0% year-over-year. Homes in North miami beach spend a median of 130 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
🏘️ North miami beach Rental Market
The average rent in North miami beach, FL is $4,879 per month. A 2-bedroom apartment rents for approximately $2,850/month, while a 3-bedroom home averages $5,625/month.
📦 North miami beach Housing Supply & Demand
There are 723 new listings and 1,636 active properties on the market.
🏆 North miami beach Market Competitiveness
Homes in North miami beach sell for an average of 94.0% of their asking price. About 7% of properties sell above list price, indicating relatively low bidding pressure.
On average, homes sell for 94.0% of the asking price
7% of sales closed above asking, % at or below
📋 Housing Overview
North miami beach, FL Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 545000, the balance between renting (50%) and owning (50%), and a population of 43023 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $545,000 and average rents of $4,879/month, the median household income of $56,122 provides context for affordability in North miami beach. Whether you're looking to buy property in North miami beach or invest in North miami beach real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $2,850/month, while a 3-bedroom house averages $5,625/month.
Economy & What Drives North miami beach Real Estate
Real estate values in North miami beach, FL are driven by local employment, school quality, and quality of life. The cost of living index of 114.9 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $56,122, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across North miami beach neighborhoods.
Pros & Cons
Pros
- •Close to Miami attractions
- •Diverse community culture
- •Active outdoor lifestyle
- •Great beaches and parks
- •Various kids' activities
- •Vibrant nightlife options
- •Public transportation available
- •Growing job market opportunities
- •Strong local restaurants
- •Mild winter weather
Cons
- •High crime rates reported
- •Economic disparities present
- •Often expensive housing
- •Humidity can be uncomfortable
- •Hurricanes are a risk
- •Seasonal tourist crowds
- •Public schools have mixed ratings
- •Traffic can be congested
- •Racism noted by some
- •Limited cultural events
Frequently Asked Questions
What is the cost of living in North miami beach, FL? ▼
The cost of living in North miami beach, FL is 15% higher than the national average, with a cost of living index of 115 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in North miami beach, FL? ▼
In North miami beach, FL, The median home price is $545,000. requiring approximately $159,643 annual income to afford. Average rent is $4,879/month (requiring ~$195,156/year income). The local median household income is $56,122, making homeownership challenging for typical residents. Explore North miami beach real estate data →
Is North miami beach, FL a safe place to live? ▼
North miami beach, FL is an area where crime rates exceed the national average. The crime rate is 34.6 per 1,000 residents. Safety varies significantly by neighborhood. View detailed North miami beach crime statistics →
What salary do you need to live comfortably in North miami beach, FL? ▼
To live comfortably in North miami beach, FL and afford a median-priced home of $545,000, you would typically need a household income of $136,250 to $170,312 per year. The local median household income is $56,122. Renting requires approximately $195,156/year (at $4,879/month). See full affordability analysis →
Is North miami beach, FL growing? ▼
North miami beach, FL has a population of 43,023. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The higher cost housing market and competitive job market shape migration patterns. See North miami beach population demographics →
What are the best neighborhoods in North miami beach, FL? ▼
The best neighborhoods in North miami beach, FL depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore North miami beach on our interactive map →
What is the commute like in North miami beach, FL? ▼
Commute times in North miami beach, FL vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in North miami beach, FL? ▼
Tax rates in North miami beach, FL include state and local components. The cost of living index of 115 indicates a higher cost environment compared to the national average. View detailed North miami beach tax information →
How does North miami beach, FL compare to nearby cities? ▼
North miami beach, FL offers comparable costs to nearby communities. With a cost of living index of 115, median home prices of $545,000, and a crime rate of 34.63 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in North miami beach, FL? ▼
Weather in North miami beach, FL varies by season. Climate data varies by season. View detailed North miami beach climate & environment data →
Is it better to rent or buy in North miami beach, FL? ▼
With a median home price of $545,000 and average rents of $4,879/month, the price-to-rent ratio in North miami beach is 9.3x. This favors buying, as monthly mortgage payments may be comparable to or lower than rent. See full cost analysis →
What is the price per square foot in North miami beach, FL? ▼
The median price per square foot in North miami beach is $388, which is 80% above the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in North miami beach, FL? ▼
Homes in North miami beach spend a median of 130 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About North miami beach, FL
📅 Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin