Is North Miami Beach, FL 33160 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

North Miami Beach is a buyer’s market. With about 13.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score2/ 100

More competitive than 0% of U.S. ZIP codes, and #789 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply13.7Under 4 months = seller’s market
Sold above original list2.4%Share of sales, last 3 months
Median sale-to-list92.8%Sold price ÷ list price
Median days on market174Listing to accepted offer
Median price per sq ft$399▼ −5.0% vs. last year

The North Miami Beach housing market right now

In the three months ending August 31, 2026, 2% of homes in North Miami Beach, FL 33160 sold above their list price, the typical home went under contract in 174 days and there were 13.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 297 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold more slowly (147 days then) and the median sale price fell 7% to $529,771. Overall, North Miami Beach is less competitive than a year ago, which gives buyers more room.

Within Miami-Dade County, homes here sell more slowly than in 99% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, North Miami Beach ranks #789 of 796 FL ZIP codes with enough sales (score 2 out of 100).

Nearby, buyers who want less competition could look at Miami 33136 (0% sold over asking) or Miami 33128 (0% sold over asking), while Miami 33184 (26% sold over asking) and Opa Locka 33055 (24% sold over asking) are even more competitive.

Nearby markets

Hialeah 33010Balanced $306 /sq ftHialeah 33012Buyer’s market $336 /sq ftHialeah 33013Balanced $345 /sq ftHialeah 33014Balanced $327 /sq ft Browse all markets →

Where North Miami Beach is

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Questions about North Miami Beach real estate

Is North Miami Beach a buyer’s or seller’s market?

A buyer’s market: there were 13.7 months of supply in North Miami Beach, FL 33160 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in North Miami Beach?

The typical home went under contract in 174 days in the latest three months.

Do homes in North Miami Beach sell over asking?

2% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.

What are property taxes in North Miami Beach?

About 0.81% of a home’s value a year in Miami-Dade County, or roughly $3,240 on a $400,000 home.

What is the median home price in North Miami Beach?

The median sale price was $529,771 in the three months ending August 31, 2026, about $399 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology