Margate Real Estate

Margate is a central Broward County city of about 58,000, incorporated in 1955 and built out largely in the 1960s and 1970s. It sits between Coconut Creek and North Lauderdale, with Coral Springs to the west, and it is one of the more affordable entry points into this part of the county.

Housing is a mix of small single-family homes on compact lots and a large stock of condominium and villa communities, including age-restricted ones. Almost nothing here is new, so the condition of the roof, the windows and the plumbing carries unusual weight in pricing.

What houses and condominiums are doing right now

In August 2026, single-family homes in Margate closed at a median of $504,500, at a median 17 days on market and 98% of the last asking price, across 26 closings. Across the year so far, 217 closed at a median of $485,000, against 238 at $465,000 in the same period last year. There are 102 on the market now at a median asking price of $522,450, and about 3.9 months of supply, which still favors sellers.

In August 2026, condominiums and townhouses in Margate closed at a median of $133,750, at a median 81 days on market and 96% of the last asking price, across 26 closings. Across the year so far, 255 closed at a median of $135,000, against 259 at $148,750 in the same period last year. There are 353 on the market now at a median asking price of $136,000, and about 13.6 months of supply, which puts the leverage firmly with buyers.

Houses and condominiums are reported separately here on purpose. Averaging the two produces a number that describes neither, and in this market the two halves frequently move in different directions.

Based on information from BeachesMLS for August 2026 and for Jan 1 - Aug 31, 2026, retrieved September 11, 2026. Information deemed reliable but not guaranteed. Listings permitted for internet display.

Neighborhoods we cover

Separate reports run for Coral Bay, Cathedral Square, Hammon Heights and Springs Gateway.

Getting around

Florida's Turnpike runs along the eastern edge and the Sawgrass Expressway is minutes northwest. Atlantic Boulevard and State Road 7 carry most local traffic, and Fort Lauderdale-Hollywood International Airport is about 30 minutes south.

Working with us in Margate

Ten days to contract on houses and three months on condominiums is not one market with two price points; it is two markets. Which one you are in should decide your entire strategy, including whether you list now or after a specific repair.

Gia Freer, our Broker of Record, has been licensed in Florida since 2000. PBP Real Estate is a transaction broker, and we handle probate and estate sales, short sales and relocation in house. Tell us your address and we will give you a written opinion of value.

Did your listing come off the market without selling? Read what the data says about an expired listing in Margate — how much of the local inventory is sitting past 90 days, and what waiting costs against the original asking price.

Thinking about selling? Start with the figures that apply to your property type: what is my home worth in Margate; sell my house in Margate; probate real estate in Margate; short sale in Margate. Houses and condominiums are reported separately on every page.

Compiled by Gia Freer, Broker of Record, PBP Real Estate, LLC · Florida broker license BK689801 · brokerage license CQ1064615. Figures drawn from PBP's own BeachesMLS data feed and last updated September 11, 2026. Market analysis only; PBP Real Estate is a Licensed Florida Real Estate Brokerage, not a licensed appraiser.