Miami, FL Housing
As of 2010-2014, median price of a house in Miami is $211,400, which is higher than the state average of $156,200 and is higher than the national average of $175,700. The Miami median house value has grown by 76.02% since 2000. The growth rate for the price of a house in Miami is higher than the state average rate of 48.06% and is higher than the national average rate of 46.91%. The median year that a house in Miami was built is 1967, which is older than the median year for a house built in the state which is 1985 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 48,273 Owner Occupied Houses in Miami, FL, #219Miami, FL | 211,400 USD |
Florida | 156,200 USD |
U.S. | 175,700 USD |
Miami, FL | 76.02% |
Florida | 48.06% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Miami, FL | Florida | U.S. | |
Total Housing Units | 188,653, see rank, 100% | 9,051,851 | 132,741,033 |
Occupied Housing Units | 152,525, 80.85%, see rank | 79.74% | 87.55% |
Owner Occupied | 48,273, 25.59%, see rank | 52.73% | 56.34% |
Renter Occupied | 104,252, 55.26%, see rank | 27.01% | 31.21% |
Vacant Housing Units | 36,128, 19.15%, see rank | 20.26% | 12.45% |
For Rent | 9,180, 4.87%, see rank | 2.97% | 2.34% |
For Sale Only | 2,595, 1.38%, see rank | 1.66% | 1.20% |
Rented or Sold, Not Occupied | 3,737, 1.98%, see rank | 1.21% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 13,268, 7.03%, see rank | 9.84% | 3.97% |
For Migrant Workers | 28, 0.01%, see rank | 0.04% | 0.03% |
Other Vacant | 7,320, 3.88%, see rank | 4.54% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #821Miami, FL | Florida | U.S. |
1967 | 1985 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Miami, FL | % | Florida | U.S. | |
Owner-Occupied Units | 48,273 | 100% | 4,772,944 | 74,787,460 |
With a Mortgage | 28,418 | 58.87%, see rank | 61.11% | 65.58% |
Without a Mortgage | 19,855 | 41.13%, see rank | 38.89% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Miami, FL | 1,828 USD |
Florida | 1,480 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Miami, FL | % | Florida | U.S. |
$299 or Less | 13 | 0.05%, see rank | 0.21% | 0.20% |
$300 to $499 | 260 | 0.91%, see rank | 1.53% | 1.59% |
$500 to $699 | 938 | 3.30%, see rank | 5.00% | 5.01% |
$700 to $999 | 2,394 | 8.42%, see rank | 14.91% | 14.32% |
$1,000 to $1,499 | 6,668 | 23.46%, see rank | 29.50% | 27.90% |
$1,500 to $1,999 | 5,928 | 20.86%, see rank | 21.21% | 20.35% |
$2,000 to $2,999 | 6,604 | 23.24%, see rank | 18.45% | 19.52% |
$3,000 or More | 5,613 | 19.75%, see rank | 9.20% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Miami, FL | 35.20% of the Total Income |
Florida | 26.90% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Miami, FL | % | Florida | U.S. | |
10% or Less | 801 | 2.82%, see rank | 4.76% | 5.86% |
10% to 20% | 4,789 | 16.85%, see rank | 25.89% | 31.95% |
20% to 30% | 6,219 | 21.88%, see rank | 25.92% | 27.64% |
30% to 40% | 4,038 | 14.21%, see rank | 14.93% | 13.74% |
40% or More | 12,130 | 42.68%, see rank | 27.62% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Miami, FL | 518 USD |
Florida | 469 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Miami, FL | % | Florida | U.S. |
$199 or Less | 1,267 | 6.38%, see rank | 9.06% | 7.76% |
$200 to $299 | 2,606 | 13.13%, see rank | 13.71% | 14.70% |
$300 to $499 | 5,639 | 28.40%, see rank | 32.19% | 34.63% |
$500 to $699 | 3,895 | 19.62%, see rank | 22.09% | 21.16% |
$700 or More | 6,448 | 32.48%, see rank | 22.95% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Miami, FL | 16.20% of the Total Income |
Florida | 13.30% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Miami, FL | % | Florida | U.S. | |
10% or Less | 5,164 | 26.01%, see rank | 36.34% | 40.19% |
10% to 20% | 6,387 | 32.17%, see rank | 31.41% | 31.47% |
20% to 30% | 2,977 | 14.99%, see rank | 12.98% | 12.24% |
30% to 40% | 1,567 | 7.89%, see rank | 6.40% | 5.64% |
40% or More | 3,254 | 16.39%, see rank | 10.85% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Miami, FL | Florida | U.S. | |
Total Housing Units | 188,653, 100% | 9,051,851 | 132,741,033 |
1-unit, Detached | 48,098, 25.50%, see rank | 54.16% | 61.65% |
1-unit, Attached | 18,349, 9.73%, see rank | 6.28% | 5.82% |
2 Units | 9,438, 5.00%, see rank | 2.17% | 3.75% |
3 or 4 Units | 9,747, 5.17%, see rank | 3.85% | 4.43% |
5 to 9 Units | 13,809, 7.32%, see rank | 5.03% | 4.78% |
10 or More Units | 88,155, 46.73%, see rank | 19.24% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 1,057, 0.56%, see rank | 9.28% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Miami, FL | Florida | U.S. | |
Total Housing Units | 188,653, 100% | 9,051,851 | 132,741,033 |
1 Room | 11,461, 6.08%, see rank | 1.65% | 1.95% |
2 Rooms | 11,703, 6.20%, see rank | 2.16% | 2.48% |
3 Rooms | 54,094, 28.67%, see rank | 10.38% | 9.13% |
4 Rooms | 44,526, 23.60%, see rank | 21.92% | 16.60% |
5 Rooms | 35,832, 18.99%, see rank | 23.70% | 20.41% |
6 Rooms | 13,392, 7.10%, see rank | 17.82% | 18.06% |
7 Rooms | 10,670, 5.66%, see rank | 10.59% | 12.27% |
8 Rooms | 3,301, 1.75%, see rank | 6.13% | 8.48% |
9 Rooms or More | 3,674, 1.95%, see rank | 5.66% | 10.60% |
Median Rooms | 3.90, see rank | 5.10 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Miami, FL | Florida | U.S. | |
Total Housing Units | 188,653, 100% | 9,051,851 | 132,741,033 |
No Bedroom | 11,952, 6.34%, see rank | 1.80% | 2.17% |
1 Bedroom | 60,848, 32.25%, see rank | 10.62% | 11.16% |
2 Bedrooms | 71,659, 37.98%, see rank | 33.79% | 26.69% |
3 Bedrooms | 33,851, 17.94%, see rank | 38.45% | 39.70% |
4 Bedrooms | 8,224, 4.36%, see rank | 12.90% | 16.05% |
5 or More Bedrooms | 2,119, 1.12%, see rank | 2.45% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Miami, FL | Florida | U.S. | |
Total Housing Units | 152,525, 100% | 7,217,508 | 116,211,092 |
Utility Gas | 2,522, 1.65%, see rank | 4.53% | 48.85% |
Bottled, Tank, or LP Gas | 737, 0.48%, see rank | 1.12% | 4.86% |
Electricity | 139,024, 91.15%, see rank | 92.30% | 36.68% |
Fuel Oil, Kerosene, etc. | 86, 0.06%, see rank | 0.22% | 5.86% |
Coal or Coke | 16, 0.01%, see rank | 0.01% | 0.12% |
Wood | 17, 0.01%, see rank | 0.20% | 2.12% |
Solar Energy | 19, 0.01%, see rank | 0.03% | 0.05% |
Other Fuel | 52, 0.03%, see rank | 0.04% | 0.47% |
No Fuel Used | 10,052, 6.59%, see rank | 1.56% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Miami, FL | Florida | U.S. |
Occupied Units Paying Rent | 101,783, 100% | 2,322,949 | 39,201,928 |
$199 or Less | 3,148, 3.09%, see rank | 1.03% | 1.50% |
$200 to $299 | 4,829, 4.74%, see rank | 1.85% | 3.18% |
$300 to $499 | 4,765, 4.68%, see rank | 3.93% | 7.37% |
$500 to $699 | 12,612, 12.39%, see rank | 11.03% | 16.01% |
$700 to $999 | 29,881, 29.36%, see rank | 32.44% | 29.17% |
$1,000 to $1,499 | 27,474, 26.99%, see rank | 34.44% | 26.88% |
$1,500 to $1,999 | 11,854, 11.65%, see rank | 10.35% | 9.79% |
$2,000 or More | 7,220, 7.09%, see rank | 4.93% | 6.10% |
Median | $958, see rank | $998 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Miami, FL | Florida | U.S. | |
Occupied Housing Units | 152,525, 100% | 7,217,508 | 116,211,092 |
No Vehicles Available | 31,730, 20.80%, see rank | 7.09% | 9.12% |
1 Vehicles Available | 71,309, 46.75%, see rank | 41.49% | 33.80% |
2 Vehicles Available | 38,991, 25.56%, see rank | 37.93% | 37.48% |
3 or More Vehicles Available | 10,495, 6.88%, see rank | 13.49% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.