Margate FL Homes for Sale: What Sells and What It Costs

Margate FL homes for sale: our MLS feed shows 347 single-family sales in the last 12 months at a median of about $469,900, and the middle half sold between $375,900 and $547,500. Today 102 houses are for sale, and 27 of them are priced under $400,000 (Flexmls, pulled October 23, 2026).

Margate FL Homes for Sale: The Short Answer

Here is what that median hides. Under $400,000, most of what sells in Margate is a 2-bedroom house. Of the 106 houses that sold under $400,000 this past year, 66 had two bedrooms or fewer. So if you need three bedrooms, plan on the middle of the market, not the bottom.

Margate by the Numbers

The middle asking price, about $519,450, sits about $49,500 above the middle sale. That is normal. Asking is not selling, and the houses priced where buyers actually are go first.

What Your Budget Buys in Margate

Line up the last 12 months of sales against what is for sale right now, band by band (Flexmls, October 23, 2026):

Under $550,000, Margate has about three months of houses on the shelf. That is a tight market. If you are shopping a 3-bedroom in that range, have your pre-approval and your inspection plan ready before you tour, not after. At $550,000 and up you have a little more room, a bit over five months of supply. That is where a buyer can ask for something.

The bottom of the list is small houses. Of the 25 lowest-priced houses for sale today, 19 are 2-bedroom homes, and all 25 were built between 1957 and 1985. The two lowest asking prices, $115,000 and $249,900, are both 2-bedrooms built in 1974 and 1972. Check the condition and the listing details on anything priced that far below the rest.

What to Check Before You Buy a 1970s Margate House

On a lot of these houses, the price is not the risk. The age is. Here is what to watch out for before you are committed:

• The insurance quote. Get one on the exact address during your inspection period. Roof age, window protection and the age of the electrical and plumbing drive the number, and on an older house that number can change your monthly payment more than the interest rate does.
• The four-point and wind mitigation reports. On a house built in the 1960s or 1970s, order these first, not last.
• The permit history. Ask for it on every addition, enclosed patio and garage conversion. The City of Margate Building Permits office and its Development Services Department are where that record lives. Unpermitted space can stop an appraisal cold.
• The FEMA flood zone for the exact parcel.
• The HOA, if there is one. Get the rules, the fees and any special assessment in writing before your inspection period ends.
• A full professional home inspection, on every purchase. Double-check the listing you are interested in for taxes, HOA dues and insurance, and price those three separately.

None of that is a reason to walk away. It is a list to have answered before you sign. That is what The Wilder Way Home is for: what to inspect, what to get in writing, and the order to do it in. Available in English and Spanish.

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Who Margate Is Not For

• If you want a new house, Margate mostly is not that market. The priciest house on the list today, at $999,980, was built in 2024. The 25 cheapest were all built between 1957 and 1985 (Flexmls, October 23, 2026).
• If you want acreage, a barn, or room for a boat and an RV, look north to western Palm Beach County.
• If you need four bedrooms and a newer roof under $500,000, compare before you commit. Run the same numbers next door in Coral Springs, Coconut Creek and Tamarac.

Brian's Take

Margate rewards the buyer who is ready. Under $550,000 houses move in about three months, and the 1970s houses carry the surprises. My advice: get the insurance quote and the four-point before you fall in love, and pick the house that passes those, not the one with the nicest kitchen.

Selling Your Current Home Too?

A lot of Margate buyers already own something. A condo you have outgrown. A starter house in Tamarac or Coconut Creek. A place up north. The hard part is the timing. Sell first and you might be renting for a month. Buy first and you are carrying two payments. The Wilder Way to Sell and Buy is how we line up both closings so you do not have to pick one.

Start with a free value on your current home.

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Margate FL Homes for Sale FAQ

What is the median home price in Margate, FL?

Single-family homes in Margate sold for a median of about $469,900 over the last 12 months, across 347 sales in our MLS feed (Flexmls, pulled October 23, 2026). The middle half sold between $375,900 and $547,500. The top sale in that period was $741,000.

How many houses are for sale in Margate right now?

Our MLS feed shows 102 single-family homes for sale in Margate, from $115,000 to $999,980 (Flexmls, October 23, 2026). Twenty-seven are priced under $400,000, and 37 are priced at $550,000 or more. The middle asking price is about $519,450.

Can you buy a house in Margate for under $400,000?

Yes, but expect two bedrooms. Twenty-seven Margate houses are priced under $400,000 today, and of the 106 that sold under $400,000 in the last 12 months, 66 had two bedrooms or fewer (Flexmls, October 23, 2026). Our free guide, The Wilder Way Home, shows what to check on an older Margate house before you offer.

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Is Margate a buyer's market or a seller's market?

Under $550,000, Margate leans toward sellers, with about three months of inventory at the last year's sales pace. At $550,000 and up there is a bit over five months, which gives a buyer a little more room to negotiate (Flexmls, October 23, 2026).

What should I check before buying an older house in Margate?

Get an insurance quote on the exact address, a four-point and wind mitigation report, the FEMA flood zone, and the permit history from the City of Margate for any addition or conversion. If the Margate house is in an HOA, get the fees and any special assessment in writing. The Wilder Real Estate Group walks every buyer through that list before they are committed.

Send Us the Margate Address

Found one you like? Send us the address. We will tell you what we would want checked before you go further, and whether the asking price lines up with what is actually selling in that band.

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Brian Wilder 561-201-4717 and Lucy Lopez 561-285-8809, Keller Williams Realty
Brian@WilderREG.com
Wilder Real Estate Group at Keller Williams Realty. Over 1,500 clients served in over 28 years. Brian Wilder is a fifth-generation Palm Beach County resident and second-generation agent, licensed since 1998. Palm Beach County is home base, and a lot of our clients move between Palm Beach and Broward counties for work.

Market figures are from Flexmls (BeachesMLS) as of October 23, 2026, cover only the listings in our MLS feed, and change daily. "Margate" here means single-family residence listings with a Margate city field in MLS. Confirm insurance and flood zone for the exact address.