Miami, FL — Momentum Score, Home Values & Best-For

Miami-Dade County · Miami-Fort Lauderdale-Pompano Beach · population 487,014

InvestorsGrowing fastBig-city amenities
Miami, FL
Image: Wikipedia · Miami
View watchlist →
66
Rising
Momentum score · 0–100

Where Miami stands

Averaging 8.1% annual growth over 5 years. population growing 2.4% per year.

Median home $580,996
1-year -1.6%
5-yr CAGR +8.1%
vs 5-yr peak -2.7%
Population +2.4%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2024-10$581k$288k$399k$510k$621k201620182020202220242026

Lifestyle scores

🚶
Walkability
78/100
Very walkable
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
60/100
Good transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
95/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$3,012/mo$0$1,601$3,202202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent14814580100120140202220242026

Rent vs buy

Price-to-rent ratio: 16.1
Lean buy

At a 16.1 price-to-rent ratio, Miami is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
42 · w22%
Home 5-yr CAGR
79 · w22%
Distance from peak
74 · w18%
Population growth
84 · w16%
Rent YoY
49 · w12%
Home 10-yr CAGR
71 · w10%
Long thesis

Miami has been growing population at 2.4% per year while home values compounded +8.1% annually. Demand-driven appreciation — the kind that persists as long as people keep showing up, which they currently are.

Short thesis

Miami is in a state where home insurance costs have doubled, climate risk repricing is still in progress, and the buyer pool is constrained by both. The bear case writes itself and is currently winning.

About Miami

Miami is a city in Miami-Dade County, Florida, with an estimated population of 487,014. It anchors the Miami-Fort Lauderdale-Pompano Beach metro area. The population has grown 2.4% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Miami is $580,996 as of 2026-04, down 1.6% over the last 12 months. Over the last five years, home values have averaged +8.1% annual growth (-2.7% from the 5-year peak). Rents in Miami average $3,012 per month, roughly flat year-over-year (+0.6%). The composite momentum score is 66 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

Multi-year compounder: home values up an average 8.1% per year over the last 5 years — sustained, not a one-year pop.
People are voting with their feet: population growing 2.4% per year since 2020 — that’s faster than ~80% of US cities.
Held the highs: currently -2.7% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Miami (Wikipedia)

Miami is a coastal city in the U.S. state of Florida. It is the second-most populous city proper in Florida, with a population of 442,241 at the 2020 census. The Miami metropolitan area in South Florida has an estimated 6.39 million residents, ranking as the fifth-largest metropolitan area in the Southeast and eighth-largest metropolitan area in the United States. Miami has the third-largest skyline in the U.S. with over 300 high-rises, 70 of which exceed 491 ft (150 m). It is the county seat of Miami-Dade County.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorEileen Higgins (D)
Area56.07 sq mi
Elevation7 ft
SettledAfter 1858
Density12284.47/sq mi
Named forMiami River, ultimately derived from Mayaimi
Time zoneEST

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Things to see in Miami(Tourism and conventions)

  • Royal Caribbean International
  • PortMiami
  • Miami-Dade County
  • Miami Beach Convention Center
  • South Beach
  • Lincoln Road
  • Bayside Marketplace
  • Downtown Miami
  • Brickell City Centre
  • Art Deco District
  • Miami Beach
  • Miami Open

+4 more on Wikipedia.

Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Miami-Dade County right now.

Public-safety links are official .gov sources, not curated by us. Miami-Dade County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Miami

33 tracked · ranked by median home value
1South-West Coconut Grove$1,844,366+8.0%
2Fair Isle$1,539,857+3.7%
3Biscayne Island$1,463,887-2.2%
4North-East Coconut Grove$1,441,352+6.9%
5South Miami$1,057,716+1.6%
6Shenandoah$869,144-0.2%
7Upper Eastside$842,795+1.0%
8Sunset$794,785+0.9%
9Coral Way$697,698-0.8%
10Westchester$694,400-0.1%
11Coral Terrace$685,843-1.7%
12Country Walk$636,687-1.1%
13Richmond West$627,142-1.6%
14Little Haiti$602,056+0.3%
15Glenvar Heights$597,636-2.8%
16Brickell$591,396-4.0%
17Palmetto Estates$580,554+0.2%
18Wynwood – Edgewater$568,953-3.2%
19Alameda – West Flagler$555,606-2.3%
20South Miami Heights$540,391-0.3%
21Kendall$536,306-3.3%
22Goulds$535,703-2.1%
23Downtown$523,381-4.2%
24Three Lakes$510,420-3.5%

See the full neighborhood ranking →

Cities like Miami

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
70° / 51°
avg high / low
Summer (Jul)
90° / 73°
avg high / low
Sunny days/yr
233
~64% of year
Annual precip
54″ rain
0″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very high
Tornado
Moderate
Wildfire
Low
Earthquake
Very low
Flood
Very high

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Miami-Fort Lauderdale-Pompano Beach area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Miami listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
76%
Very humid climate
Median household income
$67,900
Florida state median
Top industries (state-level)
TourismHealthcareConstruction

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Miami

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