Bal Harbour
Housing Market
Median sale price $1,550,000, up 1.6% year over year, with homes going under contract in about 77 days, 73 homes on the market.
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Housing Market Analyst
14% of listed homes are already under contract. Prices are up 1.6% versus the prior year and sellers are still collecting 90.8% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors buyers.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 14% of inventory sits under contract.
- Mortgage sensitivity — at 7.6× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Bal Harbour data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where Bal Harbour is hot — and where it isn't
Each dot is a community (12 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Bal Harbour
The median sale price across Bal Harbour currently stands at $1,550,000, up 1.6% from a year ago. Buyers are paying a median of $898 per square foot. The typical home goes under contract in about 77 days. Sellers are capturing 90.8% of their original asking price on average.
There are 73 active listings on the market, with 9 more already under contract.
Bal Harbour prices sit above the Miami-Dade County median by roughly 182%. Zillow's home value index for Miami-Dade County stands at $521,011. About 16% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Bal Harbour is 35 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 1, 2026.
Bal Harbour since 2018 — and where it’s heading
A median home here sold for $1,658,333 in 2018 and $3,680,219 over the last recorded year — 122% appreciation across 8 years of recorded sales.
Median sale price · 2018–2026 (804 recorded sales)
Days on market by year
Home value trend · Miami-Dade County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Miami-Dade County (MLS)
Median price · daily recalculation
What’s driving Bal Harbour
Top inbound states: NY, CA, TX, NJ. Movers arriving report ~$127,200 average income. Source: IRS SOI county-to-county migration, 2022-2023
56,357 Citizens policies in force in Miami-Dade County — the state-backed insurer of last resort. Budget insurance into any Miami-Dade purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
2,666 single-family · 13,869 multi-family · 6.2 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Miami-Dade County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Bal Harbour ← this page | $1.55M | 73 | 35 | |
| Miami | $570K | 4,211 | 36 | Open → |
| Miami Beach | $758K | 1,065 | 37 | Open → |
| Sunny Isles Beach | $475K | 831 | 24 | Open → |
| Aventura | $465K | 803 | 28 | Open → |
| Homestead | $460K | 794 | 40 | Open → |
Neighborhoods on the move
| OceanaBal Harbour | $6.40M | ▲ 31% |
| KENILWORTH CONDOBal Harbour | $1.68M | ▲ 15% |
| BALMORAL CONDOBal Harbour | $1.55M | ▲ 11% |
| THE PLAZA OF BAL HARBOURBal Harbour | $470K | ▲ 7% |
| HARBOUR HOUSEBal Harbour | $592K | ▲ -29% |
| HARBOUR HOUSEBal Harbour | $592K | ▼ 29% |
| THE PLAZA OF BAL HARBOURBal Harbour | $470K | ▼ 7% |
| BALMORAL CONDOBal Harbour | $1.55M | ▼ 11% |
| KENILWORTH CONDOBal Harbour | $1.68M | ▼ 15% |
| OceanaBal Harbour | $6.40M | ▼ 31% |
| HARBOUR HOUSEBal Harbour | $592K | 19 |
| OceanaBal Harbour | $6.40M | 15 |
| BALMORAL CONDOBal Harbour | $1.55M | 14 |
| BAL HARBOUR 101 CONDOBal Harbour | $1.70M | 6 |
| THE PLAZA OF BAL HARBOURBal Harbour | $470K | 4 |
| HARBOUR HOUSEBal Harbour | $592K | 44 days |
| BALMORAL CONDOBal Harbour | $1.55M | 51 days |
| THE PLAZA OF BAL HARBOURBal Harbour | $470K | 80 days |
| OceanaBal Harbour | $6.40M | 119 days |
| KENILWORTH CONDOBal Harbour | $1.68M | 122 days |
Bal Harbour ZIP codes
Most active communities
More on Bal Harbour
Put this data to work
The questions people actually ask
Should I buy a house in Bal Harbour right now?
The data says conditions currently favor buyers in Bal Harbour — the Momentum Score reads 35/100. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Bal Harbour becoming more affordable?
No — the median sale price in Bal Harbour is $1,550,000, up 1.6% versus the prior year, while sellers still capture 90.8% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in Bal Harbour?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are HARBOUR HOUSE (-29%); THE PLAZA OF BAL HARBOUR (7%); BALMORAL CONDO (11%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Bal Harbour neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are HARBOUR HOUSE (44 days); BALMORAL CONDO (51 days); THE PLAZA OF BAL HARBOUR (80 days) — homes there go under contract well ahead of the market-wide pace of 77 days.
How does Bal Harbour compare to the rest of Miami-Dade County?
Bal Harbour's median of $1,550,000 runs 182% above the county-wide median of $549,900, and homes here take 77 days to go under contract versus 68 county-wide.
Bal Harbour housing market FAQ
How is the housing market in Bal Harbour right now?
As of October 1, 2026, the Bal Harbour housing market favors buyers: the median sale price is $1,550,000 (up 1.6% year over year), 73 homes are for sale, and the typical home goes under contract in about 77 days.
How much is a house in Bal Harbour?
The median home sold for $1,550,000 in Bal Harbour over the last 12 months, about $898 per square foot; asking prices on the 73 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Bal Harbour?
By the numbers, sellers in Bal Harbour are getting 90.8% of asking price and going under contract in about 77 days. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Bal Harbour housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Bal Harbour median sale prices are up 1.6% year over year, and 14% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Bal Harbour?
The median sale price in Bal Harbour is currently $1,550,000, up 1.6% from a year ago, based on MLS sales data updated October 1, 2026.
Is Bal Harbour a buyer's or seller's market right now?
The data currently favors buyers. Bal Harbour scores 35 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in Bal Harbour?
The typical home in Bal Harbour goes under contract in about 77 days, per current MLS data.
How many homes are for sale in Bal Harbour?
There are approximately 73 active listings in Bal Harbour as of October 1, 2026.
Are home prices in Bal Harbour rising or falling?
Median sale prices are up 1.6% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Bal Harbour. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 1, 2026 at 2:51 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.