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Bal Harbour, FL

Full City Profile · Florida · Miami-Dade County County

2.8 /5.0
C+ Fair
3,021 Population 7,950/sq mi density
$91,061 Median Income $116,504 per capita
$1,277,200 Home Value $1,954,311 Zillow
$2,734 Median Rent 40.0% income on rent
76°F Avg Temperature 330 sunny days/yr
85 Violent Crime/100K 931 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$91,061 median income, 4.7% unemployment
F
Affordability
1.0 / 5.0
$1,277,200 home value, $2,734/mo rent
F
Safety
1.0 / 5.0
85 violent crimes/100K
A+
Education
5.0 / 5.0
67.1% bachelor's degree or higher

Housing Overview

Median Home Value
$1,277,200
353% above
US avg: $281,900
Median Rent
$2,734/mo
135% above
US avg: $1,163/mo
Homeownership Rate
65.8%
1% above US avg (65.4%)
Total Housing Units
3,690
Median year built: 1976

Home Value by Source

Census Median
$1,277,200
Zillow (ZHVI)
$1,954,311
Median Sale Price
$2,100,000
Median List Price
$2,575,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.8%
Owner-Occupied
34.2%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $2,734/mo · Zillow rent: $10,186/mo

Market Indicators (Redfin)

Median Days on Market
145 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
13
Price Drops
15.0%
of listings with price reduction
Price Per Sq Ft
$785
Active Inventory
100
homes for sale

Affordability & Housing Stock

Rent Burden
40.0%
of renters spending 30%+ of income on housing
29% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
65.8%

Complete Housing Data

Home Values

Census Median Value$1,277,200
Zillow Home Value (ZHVI)$1,954,311
Median Sale Price$2,100,000
Median List Price$2,575,000
Price Per Sq Ft$785

Rent

Census Median Rent$2,734
Zillow Rent (ZORI)$10,186
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market145
Sale-to-List Ratio0.9%
Price Drops15.0%
Homes Sold13
Active Inventory100
Price Per Sq Ft$785

Ownership & Stock

Owner-Occupied65.8%
Renter-Occupied34.2%
Homeownership Rate65.8%
Total Housing Units3,690
Median Year Built1976
Rent Burden40.0%