Miami-Fort Lauderdale-West Palm Beach Housing Market

$488,167

1.2% 1-yr

The average Miami-Fort Lauderdale-West Palm Beach home value is $488,167, down 1.2% over the past year and goes to pending in around 55 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Miami-Fort Lauderdale-West Palm Beach Key Takeaways

Typical Home Values: $488,167

1-year Value Change: -1.2%

(Data through April 30, 2025)

Miami-Fort Lauderdale-West Palm Beach Housing Market Overview

0.2%1-year Market Forecast(April 30, 2025)

56,193For sale inventory(April 30, 2025)

10,720New listings(April 30, 2025)

0.964Median sale to list ratio(March 31, 2025)

$484,550Median sale price(March 31, 2025)

$499,238Median list price(April 30, 2025)

7.4%Percent of sales over list price(March 31, 2025)

79.4%Percent of sales under list price(March 31, 2025)

55Median days to pending(April 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Medley

NameMedian ZHVI
Doral Breeze$550,624
Berkshire$572,696
Berkshire West$596,229
Alameda by the Lake--
Maria Teresa$545,650
Isles at Grand Bay$896,298
London Estates$510,455
Biltmore Villas$515,409
Biltmore Estates$507,139

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Miami-Fort Lauderdale-West Palm Beach Rental Market Trends

$2,749Average rent in Miami-Fort Lauderdale-West Palm Beach(April 30, 2025)

$2,024National average rent(April 30, 2025)

0.1%Month-over-month change(April 30, 2025)

1.7%Year-over-year change(April 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.