HomeMarketCap.comThe median tracked Miami ZIP has a typical home value of $606,807. That is a typical-value index, not a sale-price median — the two differ, which is why published figures for Miami rarely match. The median tracked ZIP in Miami has a typical home value of $606,807 and typical rent of $2,761 per month. Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0. The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
Key stats
- The median tracked ZIP in Miami has a typical home value of $606,807 and typical rent of $2,761 per month.
- Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
- 8 of 30 tracked ZIPs (27%) show the current cooling flag.
- The metro income-needed indicator changed -1.87% year over year.
- Tracked ZIP markets
- 30
- Median ZIP home value
- $606,807
- Median ZIP rent
- $2,761
- housing cost spread
- Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
- cooling share
- 8 of 30 tracked ZIPs (27%) show the current cooling flag.
What a house costs in Miami
The median tracked Miami ZIP has a typical home value of $606,807. That is a typical-value index, not a sale-price median — the two differ, which is why published figures for Miami rarely match.
What the figure hides
Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
A budget does not shop the metro; it shops the ZIPs it reaches. The range above is the one that matters when the citywide figure and the listings you can see do not agree.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules