Skip to Main Content
Miami
  • City in Florida

Miami Real Estate Market

About Miami Real Estate

Housing
grade D
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban
Rent vs. Own
  • Rent
    70%
  • Own
    30%
Sponsored Mortgage Options for Miami
Get Rates
  • Find a loan that's right for you. Compare today's top mortgage and refinancing providers.
  • Get approval in minutes. Checking rates won't affect your credit score.
Niche may be compensated by the third party lenders and others who place ads on the website. Niche is not a lender and does not endorse the products of these advertisers. Fees that Niche receives for ads do not affect the terms you may be offered by the lender you choose. There are many additional borrowing options available.

Map

Home Listings

Listings by Ojo

Get Pre-Qualified for a Loan

Real Estate Costs

Median Home Value
$344,300
National
$229,800
Home Values
  • <$50k
    2%
  • $50-$99k
    4%
  • $100-$199k
    12%
  • $200-$399k
    44%
  • $400-$749k
    26%
  • $750k+
    12%
Median Rent
$1,242
National
$1,096
Monthly Rent
  • <$500
    10%
  • $500-$999
    23%
  • $1,000-$1,499
    31%
  • $1,500-$1,999
    18%
  • $2,000+
    18%
8%
of residents say housing is affordable. 60 responses

Home Quality

Poll
53%
of residents say the exterior quality of homes is good or excellent. 60 responses
Poll
63%
of residents say the interior quality of homes is good or excellent. 60 responses
58%
of residents say there is a good variety of homes. 60 responses
65%
of residents say there are a few vacant or abandoned properties here and there. 60 responses
28%
of residents say that parking is readily available. 60 responses

Similar Places

Explore Real Estate in Similar Places

Overview

Homes in Miami have a median value of $344,300. The median rent price in Miami is $1,242 and most residents rent their homes. Miami is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.

Add to List

Back to Full Profile