What is the median home value in Bal Harbour, FL?
The median value of owner-occupied homes in Bal Harbour, FL is $1,823,500 (±$701,455), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Bal Harbour, the median home value went from $1,267,600 in 2015–2019 to $1,823,500 in 2020–2024 (+43.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $1,823,500 (±$701,455)
- Owner-occupied homes
- 848 (±198)
- Most common range
- $1,000,000 or more
Home values in Bal Harbour
| Value | Bal Harbour | Miami-Dade County | Florida | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.8% (±3.0 points) | 2.7% | 4.9% | 5.3% |
| $50,000 to $99,999 | 0.0% (±6.0 points) | 1.5% | 4.3% | 6.1% |
| $100,000 to $149,999 | 4.6% (±5.9 points) | 1.8% | 4.6% | 6.8% |
| $150,000 to $199,999 | 1.2% (±1.8 points) | 3.5% | 6.8% | 9.0% |
| $200,000 to $299,999 | 0.0% (±6.0 points) | 11.0% | 17.9% | 17.8% |
| $300,000 to $499,999 | 1.2% (±1.9 points) | 36.8% | 34.5% | 26.9% |
| $500,000 to $999,999 | 21.3% (±10.6 points) | 31.9% | 21.1% | 20.9% |
| $1,000,000 or more | 68.9% (±12.3 points) | 10.9% | 5.9% | 7.1% |
The most common range is $1,000,000 or more, 68.9% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Bal Harbour against Miami-Dade County, its state and the nation
| Bal Harbour | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Median home value | $1,823,500 (±$701,455) | $463,000 (±$2,523) | $359,000 (±$930) | $332,700 |
| Owner-occupied homes | 848 (±198) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
In Bal Harbour, the median home value is higher than in Miami-Dade County ($463,000).
It is also higher than in Florida ($359,000).
It is higher than the national figure ($332,700).
In Miami-Dade County, Bal Harbour ranks 4 of 69 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 14 of 838.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Bal Harbour have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $1,267,600 (±$462,189) | $1,823,500 (±$701,455) | +43.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Bal Harbour
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Bal Harbour | — | $1,823,500 (±$701,455) | — |
| Bay Harbor Islands | 0.7 mi | $653,500 (±$77,274) | Lower |
| Surfside | 1.0 mi | $881,700 (±$217,570) | Lower |
| Indian Creek | 1.4 mi | $2,000,000 or more | — |
| North Miami | 2.9 mi | $365,000 (±$12,298) | Lower |
| Sunny Isles Beach | 3.1 mi | $549,100 (±$118,763) | Lower |
| North Bay Village | 3.5 mi | $464,200 (±$70,828) | Lower |
| North Miami Beach | 3.6 mi | $366,700 (±$25,287) | Lower |
| Biscayne Park | 3.7 mi | $674,300 (±$60,488) | Lower |
Nearby places with a measurably lower figure: Bay Harbor Islands, FL ($653,500), Surfside, FL ($881,700), North Miami, FL ($365,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Miami-Dade County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 (tie) | Fisher Island | $2,000,000 or more |
| 1 (tie) | Golden Beach | $2,000,000 or more |
| 1 (tie) | Indian Creek | $2,000,000 or more |
| 4 | Bal Harbour | $1,823,500 (±$701,455) |
| 5 | Key Biscayne | $1,575,300 (±$152,495) |
| 6 | Pinecrest | $1,406,400 (±$173,573) |
| 7 | Coral Gables | $1,089,900 (±$74,639) |
| 8 | Surfside | $881,700 (±$217,570) |
| 9 | Palmetto Bay | $879,700 (±$24,415) |
| 10 | Miami Shores | $864,400 (±$59,041) |
Showing 10 of 69 places in Miami-Dade County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Bal Harbour
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Bal Harbour beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Bal Harbour, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Bal Harbour, and send estimates and invoices from your phone.
Questions about Bal Harbour
What is the average home value in Bal Harbour, FL?
The Census Bureau publishes the median: $1,823,500 (±$701,455) for owner-occupied homes in Bal Harbour (2020–2024 American Community Survey).
Have home values in Bal Harbour gone up?
In Bal Harbour, the median home value went from $1,267,600 in 2015–2019 to $1,823,500 in 2020–2024 (+43.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Bal Harbour sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bal Harbour village, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bal Harbour village, Florida
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bal Harbour village, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bal Harbour village, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Bal Harbour village, Florida (place:03275, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Bal Harbour at a glance
- Median rent in Bal Harbour
- Rent burden in Bal Harbour
- Renters and owners in Bal Harbour
- Income and affordability in Bal Harbour
- Homeowner costs in Bal Harbour
- Property taxes in Bal Harbour
- Bedrooms in Bal Harbour
- Age of homes in Bal Harbour
- Vacancy rate in Bal Harbour
- Heating fuel in Bal Harbour
- Commute and cars in Bal Harbour
- Crime reported to police in Bal Harbour
- Population growth in Bal Harbour
- How long people stay in Bal Harbour
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by median home value
- Housing data for every place in Florida