Miami home values (September 2026)

The typical home in the Miami, FL metro is worth $476,815, +0.3% over the last 12 months. Updated monthly from Zillow Research data.

Typical value: $476,815
1-year change: +0.3%
5-year change: +29%
10-year change: +89.8%

Typical home value, Miami metro, last 10 years. Source: Zillow Research (ZHVI).

Where Miami stands

#22 most expensive of the 100 largest U.S. metros; #64 by 1-year price growth.
4.4% below its peak of $498,955 in September 2024.

Home equity in Miami

At an 85% combined loan-to-value cap, a typical $476,815 home supports up to $405,293 of total borrowing. With a typical mortgage still owed, about $138,276 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.

Compare nearby metros

Tampa, FL — $356,843 (-0.9% 1-yr)
Orlando, FL — $383,302 (-1.4% 1-yr)
Jacksonville, FL — $350,574 (-0.1% 1-yr)
North Port, FL — $403,540 (-2% 1-yr)
Ogden, UT — $508,920 (+1.7% 1-yr)
Boise City, ID — $491,851 (+1.7% 1-yr)

Frequently asked questions

What is the typical home value in Miami?

The typical home in the Miami, FL metro area is worth about $476,815 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #22 of the 100 largest U.S. metros.

Are home prices in Miami going up or down?

Over the past 12 months the typical value changed +0.3% (#64 of 100 large metros by 1-year growth). Over 5 years it changed +29%, and over 10 years +89.8%. Values are 4.4% below the peak of $498,955 set in September 2024.

How much home equity could a Miami homeowner borrow against?

Lenders typically cap combined loan-to-value at about 85%. On a typical $476,815 home that's $405,293 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $138,276 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.

Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.