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North Miami Beach, FL Real Estate & Property Data

North Miami Beach Real Estate Market Trends

Last Updated: May 01, 2024

To gain insights into North Miami Beach, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates North Miami Beach real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 1,717 residential properties have been sold in North Miami Beach, FL over the past year, with a median home price of $1,007,900. Additionally, 29.13% of homes in North Miami Beach are equity rich, while 0.24% of homes are seriously underwater. There have been 9 foreclosure filings in the area year-to-date. To obtain detailed information on properties in North Miami Beach, Florida, you can rely on ATTOM, your go-to source for North Miami Beach property reports and real estate data.

North Miami Beach Real Estate Market Trends

Get property data for any address in North Miami Beach, FL or the country:

Total Residential Properties 31,539

Total Commercial Properties 319

Avg. Home Age (Single Family Home) 44 Years

Avg. Square Feet (Single Family Home) 3,109

Total 2024 Residential Sales (year-to-date) 348

% of Homes Seriously Underwater (Q2 2024) 0.24%

Total 2023 Residential Sales 1,591

% of Equity Rich Homes (Q2 2024) 29.13%

Effective 2023 Property Tax 0.97%

Total Foreclosure Filings (year-to-date) 23

North Miami Beach, FL Real Estate Overview

North Miami Beach, FL saw 1,717 residential properties being sold in the past year, with a median home value of $532,300. The city of North Miami Beach has a total of 31,539 residential properties, spread across 103 streets and 1 zip codes.

Median Sales Price i

$1,007,900

(Mar 2024)

-48%

year-over-year

y-o-y

March '24 Mar '24 $1,007,900
February '24 Feb '24 $2,250,000
January '24 Jan '24 $4,450,000
December '23 Dec '23 $1,500,000
November '23 Nov '23 $3,525,000
October '23 Oct '23 $3,492,000
September '23 Sep '23 $640,000
August '23 Aug '23 $5,500,000
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 $1,200,000
April '23 Apr '23 $4,250,000

Median Down Payment i

$385,000

(Mar 2024)

-63.3%

year-over-year

y-o-y

March '24 Mar '24 $385,000
February '24 Feb '24 $900,000
January '24 Jan '24 $1,775,000
December '23 Dec '23 $375,300
November '23 Nov '23 $1,112,500
October '23 Oct '23 $1,410,500
September '23 Sep '23 $1,600
August '23 Aug '23 $1,650,000
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 $450,000
April '23 Apr '23 $1,300,000

Number of Homes Sold i

119

(Mar 2024)

-22.7%

year-over-year

y-o-y

March '24 Mar '24 119
February '24 Feb '24 73
January '24 Jan '24 156
December '23 Dec '23 122
November '23 Nov '23 121
October '23 Oct '23 105
September '23 Sep '23 136
August '23 Aug '23 131
July '23 Jul '23 114
June '23 Jun '23 164
May '23 May '23 168
April '23 Apr '23 154

Number of Purchase Loans i

45

(Mar 2024)

-6.2%

year-over-year

y-o-y

March '24 Mar '24 45
February '24 Feb '24 26
January '24 Jan '24 47
December '23 Dec '23 41
November '23 Nov '23 42
October '23 Oct '23 36
September '23 Sep '23 47
August '23 Aug '23 39
July '23 Jul '23 41
June '23 Jun '23 63
May '23 May '23 60
April '23 Apr '23 47

Number of REFI Loans i

27

(Mar 2024)

+107.7%

year-over-year

y-o-y

March '24 Mar '24 27
February '24 Feb '24 25
January '24 Jan '24 26
December '23 Dec '23 13
November '23 Nov '23 22
October '23 Oct '23 14
September '23 Sep '23 27
August '23 Aug '23 30
July '23 Jul '23 22
June '23 Jun '23 22
May '23 May '23 21
April '23 Apr '23 13

Number of HELOC Loans i

11

(Mar 2024)

+22.2%

year-over-year

y-o-y

March '24 Mar '24 11
February '24 Feb '24 1
January '24 Jan '24 5
December '23 Dec '23 6
November '23 Nov '23 10
October '23 Oct '23 4
September '23 Sep '23 10
August '23 Aug '23 7
July '23 Jul '23 4
June '23 Jun '23 8
May '23 May '23 10
April '23 Apr '23 12

North Miami Beach, FL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

33160
$532,300 $171.19/sqft

North Miami Beach, FL Foreclosure Activity

There were a total of 9 North Miami Beach, FL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

9

(Mar 2024)

+28.6%

year-over-year

y-o-y

March '24 Mar '24 9
February '24 Feb '24 7
January '24 Jan '24 7
December '23 Dec '23 2
November '23 Nov '23 9
October '23 Oct '23 9
September '23 Sep '23 13
August '23 Aug '23 8
July '23 Jul '23 2
June '23 Jun '23 11
May '23 May '23 5
April '23 Apr '23 7

Foreclosure Starts i

8

(Mar 2024)

+166.7%

year-over-year

y-o-y

March '24 Mar '24 8
February '24 Feb '24 4
January '24 Jan '24 7
December '23 Dec '23 2
November '23 Nov '23 6
October '23 Oct '23 5
September '23 Sep '23 10
August '23 Aug '23 6
July '23 Jul '23 2
June '23 Jun '23 6
May '23 May '23 4
April '23 Apr '23 3

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A

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