Housing Market
Margate housing market
The median home in Margate sold for $287,000 in October 2026, down 6.7% from $307,750 16 months earlier. On the measures below the market is close to balanced.
What is your Margate home worth?
The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.
Where Margate stands right now
Median sale price
$287,000
October 2026
Median days on market
38 days
October 2026
Leverage
Are buyers or sellers in control in Margate?
On the last full month of data, Margate is close to balanced.
That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.
- ·20% of sales closed above asking
- ·50% of sellers cut their price before closing
Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.
Margate market trends, month by month
Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.
Median sale price
$307,750 in Jul 2025 to $287,000 in Oct 2026, down 6.7% over 16 months. Trending in buyers' favour.
| Month | Median sale price |
|---|---|
| Jul 2025 | $307,750 |
| Aug 2025 | $325,000 |
| Sep 2025 | $335,000 |
| Oct 2025 | $170,000 |
| Nov 2025 | $312,110 |
| Dec 2025 | $382,500 |
| Jan 2026 | $195,000 |
| Feb 2026 | $317,000 |
| Mar 2026 | $320,000 |
| Apr 2026 | $277,500 |
| May 2026 | $340,000 |
| Jun 2026 | $337,500 |
| Jul 2026 | $319,000 |
| Aug 2026 | $300,000 |
| Sep 2026 | $321,000 |
| Oct 2026 | $287,000 |
Median days on market
39 days in Jul 2025 to 38 days in Oct 2026, down 2.6% over 16 months. Trending in sellers' favour.
| Month | Median days on market |
|---|---|
| Jul 2025 | 39 days |
| Aug 2025 | 68 days |
| Sep 2025 | 46 days |
| Oct 2025 | 48 days |
| Nov 2025 | 61 days |
| Dec 2025 | 46 days |
| Jan 2026 | 28 days |
| Feb 2026 | 57 days |
| Mar 2026 | 57 days |
| Apr 2026 | 44 days |
| May 2026 | 43 days |
| Jun 2026 | 50 days |
| Jul 2026 | 43 days |
| Aug 2026 | 36 days |
| Sep 2026 | 35 days |
| Oct 2026 | 38 days |
Share of sales closing above asking
14.1% in Jul 2025 to 20.0% in Oct 2026, up 42.2% over 16 months. Trending in sellers' favour.
| Month | Share of sales closing above asking |
|---|---|
| Jul 2025 | 14.1% |
| Aug 2025 | 3.5% |
| Sep 2025 | 10.9% |
| Oct 2025 | 4.5% |
| Nov 2025 | 10.3% |
| Dec 2025 | 10.3% |
| Jan 2026 | 5.7% |
| Feb 2026 | 6.3% |
| Mar 2026 | 8.5% |
| Apr 2026 | 8.1% |
| May 2026 | 6.0% |
| Jun 2026 | 15.7% |
| Jul 2026 | 16.3% |
| Aug 2026 | 13.2% |
| Sep 2026 | 18.2% |
| Oct 2026 | 20.0% |
Share of sellers who cut their price
42.2% in Jul 2025 to 50.0% in Oct 2026, up 18.5% over 16 months. Trending in buyers' favour.
| Month | Share of sellers who cut their price |
|---|---|
| Jul 2025 | 42.2% |
| Aug 2025 | 68.4% |
| Sep 2025 | 47.3% |
| Oct 2025 | 43.9% |
| Nov 2025 | 67.2% |
| Dec 2025 | 50.0% |
| Jan 2026 | 31.4% |
| Feb 2026 | 50.0% |
| Mar 2026 | 49.1% |
| Apr 2026 | 43.2% |
| May 2026 | 41.8% |
| Jun 2026 | 44.3% |
| Jul 2026 | 46.5% |
| Aug 2026 | 49.1% |
| Sep 2026 | 52.7% |
| Oct 2026 | 50.0% |
Homes sold
64 in Jul 2025 to 20 in Oct 2026, down 68.7% over 16 months.
| Month | Homes sold |
|---|---|
| Jul 2025 | 64 |
| Aug 2025 | 57 |
| Sep 2025 | 55 |
| Oct 2025 | 66 |
| Nov 2025 | 58 |
| Dec 2025 | 58 |
| Jan 2026 | 35 |
| Feb 2026 | 64 |
| Mar 2026 | 59 |
| Apr 2026 | 74 |
| May 2026 | 67 |
| Jun 2026 | 70 |
| Jul 2026 | 43 |
| Aug 2026 | 53 |
| Sep 2026 | 55 |
| Oct 2026 | 20 |
Buying in Margate?
The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.
Nearby Markets
Compare Margate with nearby markets
- Miramar housing market
- North Lauderdale housing market
- Oakland Park housing market
- Parkland housing market
- Pembroke Pines housing market
- Plantation housing market
- Pompano Beach housing market
- Sunrise housing market
- Tamarac housing market
- West Park housing market
Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.
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