Miami, FL housing market
The typical Miami home is worth about $581,000, up 0.8% in a year, 55% above the Florida typical home. Homes typically sell in 114 days, below asking.
Home values, sales, trends and how Miami compares with the towns next door — updated as new data is published.
Miami at a glance
A buyer's market
More homes are for sale than are selling — about 11 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Miami | Florida |
|---|---|---|
| 2017 | $320,000 | $209,000 |
| 2018 | $333,000 | $226,000 |
| 2019 | $344,000 | $242,000 |
| 2020 | $356,000 | $253,000 |
| 2021 | $379,000 | $276,000 |
| 2022 | $441,000 | $340,000 |
| 2023 | $528,000 | $392,000 |
| 2024 | $570,000 | $402,000 |
| 2025 | $592,000 | $397,000 |
| 2026 | $577,000 | $377,000 |
| August 2026 | $581,000 | $376,000 |
Miami and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Miami | $581K | +0.8% | 114 | $62,462 |
| Coral Gables | $1.56M | +6.9% | 89 | $134,216 |
| El Portal | $857K | +3.3% | — | $108,167 |
| West Little River | $450K | +2.3% | 94 | $56,436 |
| Miami Beach | $522K | +1% | 155 | $72,856 |
| Gladeview | $413K | +0.4% | 86 | $47,469 |
| Fisher Island | $7.01M | +7.9% | — | $250,001 |
9.3 years of income
The typical Miami home costs about 9.3 years of the town's median household income, more than across Florida (5 years).
How Miami ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
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. Listings link to their publishers.