What is the median home value in South Beach, FL?

The median value of owner-occupied homes in South Beach, FL is $900,700 (±$99,509), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In South Beach, the median home value went from $699,200 in 2015–2019 to $900,700 in 2020–2024 (+28.8%).

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
$900,700 (±$99,509)
Owner-occupied homes
1,477 (±198)
Most common range
$1,000,000 or more

Home values in South Beach

Owner-occupied homes by value, 2020–2024
ValueSouth BeachIndian River CountyFloridaUnited States
Less than $50,0001.9% (±1.7 points)5.2%4.9%5.3%
$50,000 to $99,9991.0% (±1.7 points)3.7%4.3%6.1%
$100,000 to $149,9991.5% (±1.8 points)3.9%4.6%6.8%
$150,000 to $199,9990.0% (±3.5 points)7.5%6.8%9.0%
$200,000 to $299,9990.5% (±1.0 points)19.5%17.9%17.8%
$300,000 to $499,99913.2% (±5.4 points)33.8%34.5%26.9%
$500,000 to $999,99939.1% (±7.4 points)18.4%21.1%20.9%
$1,000,000 or more42.8% (±7.9 points)8.2%5.9%7.1%

The most common range is $1,000,000 or more, 42.8% 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.

South Beach against Indian River County, its state and the nation

Estimate (90% margin of error)
South BeachIndian River CountyFloridaUnited States
Median home value$900,700 (±$99,509)$351,500 (±$7,643)$359,000 (±$930)$332,700
Owner-occupied homes1,477 (±198)56,735 (±1,088)5,918,647 (±31,594)84,210,142

In South Beach, the median home value is higher than in Indian River County ($351,500).

It is also higher than in Florida ($359,000).

It is higher than the national figure ($332,700).

In Indian River County, South Beach ranks 3 of 15 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 39 of 838.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in South Beach have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$699,200 (±$56,481)$900,700 (±$99,509)+28.8%No measurable change after inflation
Median real estate taxes$6,404 (±$528)$6,431 (±$538)+0.4%Down 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 South Beach

Nearest places with a published estimate, compared with South Beach
PlaceDistanceMedian home valueCompared with this place
South Beach—$900,700 (±$99,509)—
Florida Ridge3.1 mi$287,900 (±$28,779)Lower
Lakewood Park4.1 mi$268,400 (±$18,713)Lower
St. Lucie Village5.3 mi$443,600 (±$62,240)Lower
Vero Beach South5.8 mi$335,200 (±$19,988)Lower
Vero Beach6.2 mi$391,900 (±$55,354)Lower
Fort Pierce North7.1 mi$167,600 (±$23,253)Lower
Gifford8.9 mi$236,000 (±$30,491)Lower
Indian River Shores9.8 mi$1,132,000 (±$95,654)Higher

Nearby places with a measurably lower figure: Florida Ridge, FL ($287,900), Lakewood Park, FL ($268,400), St. Lucie Village, FL ($443,600).

Nearby places with a measurably higher figure: Indian River Shores, FL ($1,132,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Indian River County, place by place

RankPlaceMedian home value
1Orchid$2,000,000 or more
2Indian River Shores$1,132,000 (±$95,654)
3South Beach$900,700 (±$99,509)
4Wabasso Beach$654,100 (±$75,552)
5Winter Beach$472,200 (±$29,225)
6Wabasso$401,400 (±$251,063)
7Vero Beach$391,900 (±$55,354)
8Vero Beach South$335,200 (±$19,988)
9Roseland$330,500 (±$89,352)

Showing 9 of 15 places in Indian River County, ranked from highest to lowest.

South Beach is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about South Beach

What is the average home value in South Beach, FL?

The Census Bureau publishes the median: $900,700 (±$99,509) for owner-occupied homes in South Beach (2020–2024 American Community Survey).

Have home values in South Beach gone up?

In South Beach, the median home value went from $699,200 in 2015–2019 to $900,700 in 2020–2024 (+28.8%).

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 South Beach 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

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 South Beach CDP, Florida (place:67192, 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.

Request a Census API 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 .

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