Bal Harbour, FL
Full City Profile · Florida · Miami-Dade County County
3.1
/5.0
B
Good
3,021
Population
7,950/sq mi density
$91,061
Median Income
$116,504 per capita
$1,277,200
Home Value
$1,944,949 Zillow
$2,734
Median Rent
40.0% income on rent
76°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$91,061 median income, 8.7% unemployment
F
Affordability
1.0 / 5.0
$1,277,200 home value, $2,734/mo rent
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)
$1,944,949
Redfin Median Sale
$2,100,000
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
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 Sale Price
$2,100,000
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) | $1,944,949 |
| Redfin Median Sale | $2,100,000 |
| 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 Market | 145 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 15.0% |
| Homes Sold | 13 |
| Active Inventory | 100 |
| Price Per Sq Ft | $785 |
Ownership & Stock
| Owner-Occupied | 65.8% |
| Renter-Occupied | 34.2% |
| Homeownership Rate | 65.8% |
| Total Housing Units | 3,690 |
| Median Year Built | 1976 |
| Rent Burden | 40.0% |