Compare: Miami vs Florida
Home Values in Miami and Florida
|Zillow Home Value IndexWhat's this?||$244,100||vs||$147,200|
|Median List Price||$365,000||vs||$199,900|
|Median Sale Price||$284,600||vs||$165,400|
|Total Homes Sold in Oct||700 homes||vs||51518 homes|
Miami, FL tends to be more expensive for home buyers than Florida. During the last year, Miami home values have risen by 27.4%, while Florida home values have risen by 14.8%. The median sale price in Miami is $284,600, but the median listing price was $365,000, a 22.0% discount. Meanwhile in Florida, the median selling price is $165,400, and the starting price had a median of $199,900, a 17.3% discount. In October, Miami home sellers managed to move 700 houses, while Florida saw 51518 transactions.
Demographics in Miami and Florida
|Median Household Income||$23,483||vs||$41,292|
|Homes with Kids||26.7%||vs||26.8%|
|Average Household Size||2.6||vs||2.4|
|Average Commute Time (Minutes)||29||vs||27|
At $41,292, the median income in Florida is $17,809 more than in Miami, and $3,220 lower than the national average. Miami has a younger median age, at 38, compared to 39 in Florida, and a longer average commute. The average commute in Florida is 27 minutes and the average commute in Miami is 29 minutes.
Homes for Sale in Miami and Florida
Miami vs Florida