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Miami Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Miami. Half the Zestimates are above this number and half are below it.

  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Miami, or the asking price.

  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Miami. Half the homes sold above this number and half sold below.

  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Miami. Half the homes have rent prices above this number and half are below.

  • Total homes sold

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    Total homes sold
    Total number of homes sold in Miami during the prior 30 days.

  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Miami, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).

  • Median list price per sq. ft. ($)

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    Median list price per sq. ft. ($)
    Mid-point of Miamis list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).

  • Median sale price per sq. ft. ($)

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    Median sale price per sq. ft. ($)
    Mid-point of Miamis sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).

  • Median rent list price per sq. ft. ($)

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    Median rent list price per sq. ft. ($)
    Mid-point of Miamis rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).

  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Miami (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).

  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Miami whose price has been reduced in the last 30 days.

  • Median price cut (%)

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    Median price cut (%)
    The mid-point of the percentage of price reduction for homes in Miami whose prices have been reduced in the past full month.

  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Miami that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.

  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).

  • Homes foreclosed

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    Homes foreclosed
    The number of homes in the Miami per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.

  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Miami where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).

  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Miami whose values have increased in the past year.

  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Miami whose value has fallen in the last year.

  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Miami that were sold in the past 12 months.
  • $183,700
  • 0.9%Y-o-Y
  • Calculated 02/01/2012*
  • *Includes data and transactions through 12/31/2011
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This data is not available for Miami.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Dec 2011
12700
Miami
0.6%
0.9%
0.9%
183700
269228
Alameda / West Flagler
0.7%
-1.1%
-8.1%
138100
123423
Allapattah
-2.2%
-6.3%
-10.3%
65400
403119
Auburndale
403396
Biscayne Island
55477
Brickell
-2.7%
-0.2%
1.7%
294300
123804
Buena Vista
403124
Civic Center
268938
Coral Way
0.6%
0.2%
-0.7%
181400
403393
Douglas Park
268962
Downtown
403395
Fair Isle
-0.3%
-3.8%
4.3%
565600
124381
Flagami
0.6%
-1.0%
-8.8%
114600
24819
Gables
403392
Grapeland
269093
Liberty City
0.2%
-1.0%
-10.6%
56800
403149
Liberty City East
269071
Little Haiti
-2.4%
-4.5%
1.9%
84400
269072
Little Havana
276394
Miami Islands
403165
North Bayfront
269105
North/East Coconut Grove
0.8%
3.7%
2.8%
400500
403391
Omni - Boulevard
269126
Overtown
1.3%
3.9%
0.8%
87500
125837
Port of Miami / Dodge Island
403397
San Marco Island
126149
Shenandoah
-1.6%
-3.7%
2.1%
201100
269181
South/West Coconut Grove
1.6%
4.9%
-1.5%
429300
269216
Upper Eastside
1.3%
9.0%
4.3%
193500
403394
Virginia Key
416397
Watson Island
276165
Wynwood / Edgewater
1.0%
1.5%
1.6%
188500
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