Last updated September 4, 2026

Short answer: the median single-family home in Margate closed at $475,000 over the last twelve months (330 sales) and the median condominium or townhouse at $125,000 (319 sales), on BeachesMLS data retrieved September 4, 2026. Neither figure is your number. The middle half of house sales alone ran from $377,250 to $550,000. What your home is worth is decided by the closed sales that match it in size, water, age and condition, which is what a written comparative market analysis is for, and what no website can produce for you.

Houses and condominiums in Margate, kept separate

Blending them hides exactly the thing you need to see. A Margate house and a Margate condominium are two markets with different buyers, different financing, and different clocks.

Based on information from BeachesMLS, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings are provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last month against the month before

Based on information from BeachesMLS, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings are provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

August 2026 closed 24 houses against 19 in July 2026, and 21 condominiums and townhouses against 18. Single months here fall under our 30-sale floor for a median, so we print counts and let the twelve-month figures carry the price picture. One month is weather, not climate: a handful of closings in either direction moves a monthly median more than the market moved. We read it, but we price off the twelve-month table below and the specific comparable sales, not off this line.

What moves the number in Margate

Four things move a Margate price more than the citywide median does: living area, water, whether the house has a pool, and when it was built. Each is measured below from the same twelve months of closed sales. Condition, updates since the last sale, and the street itself are the fifth, sixth and seventh, and they are the ones no dataset holds.

Based on information from BeachesMLS, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings are provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The smallest houses in Margate close at the highest price per square foot ($326 against $286 for the largest band with enough sales to measure). Multiplying your square footage by the citywide median will overstate a large house and understate a small one. The comparable sales have to be the same size class as yours.

Waterfront houses in Margate

Based on information from BeachesMLS, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings are provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Waterfront houses closed -3% per square foot against the rest of Margate's houses and took 55 days to go under contract against 38: $290 against $300 per square foot. Inside that average, ocean access, a fixed bridge and a retention lake are three different prices, and the MLS water flag does not tell them apart. The comparable sales have to.

Waterfront condominiums in Margate

Based on information from BeachesMLS, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings are provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Waterfront condominiums closed at $163 per square foot against $127 and took 49 days against 71. Floor, exposure, and the building's reserve and assessment position then move the number again inside the same building.

Houses with a private pool in Margate

Based on information from BeachesMLS, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings are provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

A pool house in Margate closed at $535,000 against $430,000, but per square foot the gap is +11%, because pool houses are also larger houses. The pool is worth what the comparable pool sales in your subdivision say it is worth, and nothing else.

What a wrong first price costs in Margate

Based on information from BeachesMLS, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings are provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

In Margate, a house that went under contract inside 30 days gave up 1.9% of its original asking price; one that took more than 180 days gave up 7.1%. For condominiums the same two bands read 3.5% and 24.2%. The first asking price is the most expensive decision in the sale. It is why the comparative market analysis comes before the sign, not after the first month of silence.

What would a website never know about your home?

Three things, and they are usually the largest adjustments in the analysis. First, what you have done since the last sale: a roof, impact windows, a kitchen, a permitted addition. Second, the street: the house behind yours backing onto a preserve, or onto a parking lot. Third, for a condominium, the association's reserve position, insurance renewal and any pending assessment, which a buyer's lender will read before approving the loan. We deliberately do not publish an instant online estimate, because an estimate that cannot see those three things is not an opinion of value. It is arithmetic on a ZIP code.

How the comparative market analysis is prepared

1. Tell us the address and what you have done to the home. The form on this page asks the open question most websites never ask.
2. Gia pulls the closed sales that actually match. Same subdivision or building first, then the same size class and age, from our own BeachesMLS feed, and walks the property before saying a number.
3. You receive a written opinion of value with the sales attached, and a net sheet showing what reaches you after payoff and costs. Within one business day. It is not a lender's report and no software generates it.

Related, for Margate owners: how to sell my house in Margate; expired listings in Margate; probate real estate in Margate; short sales in Margate; Margate real estate.

Other Broward County cities, same method, each with its own figures: what is my home worth in Deerfield Beach; what is my home worth in Pompano Beach; what is my home worth in Coral Springs; what is my home worth in Tamarac; what is my home worth in Fort Lauderdale; what is my home worth in Hollywood.

Gia Freer, our Broker of Record, has been licensed in Florida since 2000 (BK689801) and prepares every opinion of value personally. PBP Real Estate, LLC, Boca Raton.

Written and reviewed by Gia Freer, Broker of Record, PBP Real Estate, LLC · Florida broker license BK689801 · brokerage license CQ1064615. Last reviewed September 4, 2026.