Bal Harbour, FL housing market
The typical Bal Harbour home is worth about $1,945,000, up 6% in a year, 418% above the Florida typical home.
Home values, sales, trends and how Bal Harbour compares with the towns next door — updated as new data is published.
Bal Harbour at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Bal Harbour | Florida |
|---|---|---|
| 2017 | $1,213,000 | $209,000 |
| 2018 | $1,186,000 | $226,000 |
| 2019 | $1,248,000 | $242,000 |
| 2020 | $1,202,000 | $253,000 |
| 2021 | $1,211,000 | $276,000 |
| 2022 | $1,525,000 | $340,000 |
| 2023 | $1,852,000 | $392,000 |
| 2024 | $1,839,000 | $402,000 |
| 2025 | $1,896,000 | $397,000 |
| 2026 | $1,866,000 | $377,000 |
| August 2026 | $1,945,000 | $376,000 |
67 new homes permitted in 2025
Builders were permitted 67 new homes in Bal Harbour in 2025: 3 single-family houses and 64 in buildings with two or more homes, worth about $11.9 million to build. That's 22 per 1,000 residents, faster than across Florida (8.3). Over the past 10 years, Bal Harbour has permitted 71 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Bal Harbour gained 580 residents while 263 new homes were permitted: about 2.2 new residents per new home. Building and growth moved roughly in step. Across Florida: 2.8 new residents per new home.
How Bal Harbour ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 26 | 0 | 26 | $4.5 million |
| 2025 | 67 | 3 | 64 | $11.9 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $4.7 million |
| 2016 | 3 | 3 | 0 | $5 million |
| 2015 | 6 | 6 | 0 | $5.7 million |
| 2014 | 245 | 5 | 240 | $33.2 million |
| 2013 | 4 | 4 | 0 | $4.8 million |
| 2012 | 2 | 2 | 0 | $1.8 million |
| 2011 | 1 | 1 | 0 | $648,000 |
| 2010 | 1 | 1 | 0 | $1.8 million |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $1,000,000 |
| 2007 | 4 | 4 | 0 | $3.3 million |
| 2006 | 3 | 3 | 0 | $5 million |
| 2005 | 2 | 2 | 0 | $1.9 million |
| 2004 | 2 | 2 | 0 | $1.1 million |
| 2003 | 88 | 7 | 81 | $8.4 million |
| 2002 | 7 | 7 | 0 | $4.6 million |
| 2001 | 2 | 2 | 0 | $1.3 million |
| 2000 | 2 | 2 | 0 | $1.1 million |
How Bal Harbour ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Bal Harbour and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Bal Harbour | $1.94M | +6% | $3,070 | 67 | $80,806 |
| Surfside | $1.35M | +9.7% | $3,070 | 109 | $100,208 |
24.1 years of income
The typical Bal Harbour home costs about 24.1 years of the town's median household income, more than across Florida (5 years).
How Bal Harbour ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $3,070
HUD's Fair Market Rent for a two-bedroom in Bal Harbour is $3,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Bal Harbour pay a median of $2,804. A two-bedroom takes about 46% of the town's median household income, above the 30% guideline for affordable housing.
Studio $2,300 · 4 bedrooms $4,550
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33154; Miami-Miami Beach-Kendall, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.