Cities with the fastest-growing home prices in the Miami metro area
Cities with the fastest-growing home prices in the Miami metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $360,974 in June, 3.2% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in the Miami-Fort Lauderdale-Pompano Beach, FL metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#30. Miami Shores, FL
- 1-year price change: +$50,984 (+7.2%)
- 5-year price change: +$379,325 (+100.4%)
- Typical home value: $757,058 (#24 most expensive city in metro)
#29. Cooper City, FL
- 1-year price change: +$51,783 (+8.1%)
- 5-year price change: +$282,146 (+69.2%)
- Typical home value: $689,980 (#29 most expensive city in metro)
#28. Cutler Bay, FL
- 1-year price change: +$52,373 (+10.2%)
- 5-year price change: +$257,866 (+84.1%)
- Typical home value: $564,581 (#47 most expensive city in metro)
#27. Virginia Gardens, FL
- 1-year price change: +$53,754 (+10.2%)
- 5-year price change: +$244,835 (+72.7%)
- Typical home value: $581,752 (#46 most expensive city in metro)
#26. Westview, FL
- 1-year price change: +$55,476 (+13.9%)
- 5-year price change: +$223,287 (+96.8%)
- Typical home value: $453,947 (#72 most expensive city in metro)
#25. Miami Lakes, FL
- 1-year price change: +$55,502 (+9.0%)
- 5-year price change: +$272,296 (+68.5%)
- Typical home value: $669,665 (#32 most expensive city in metro)
#24. Weston, FL
- 1-year price change: +$56,327 (+8.0%)
- 5-year price change: +$298,242 (+63.9%)
- Typical home value: $764,754 (#23 most expensive city in metro)
#23. Tamiami, FL
- 1-year price change: +$56,971 (+10.4%)
- 5-year price change: +$258,880 (+74.4%)
- Typical home value: $606,930 (#43 most expensive city in metro)
#22. University Park, FL
- 1-year price change: +$63,856 (+10.9%)
- 5-year price change: +$274,702 (+73.7%)
- Typical home value: $647,618 (#38 most expensive city in metro)
#21. Westwood Lake, FL
- 1-year price change: +$64,599 (+11.2%)
- 5-year price change: +$267,427 (+71.4%)
- Typical home value: $642,102 (#39 most expensive city in metro)
#20. West Miami, FL
- 1-year price change: +$65,057 (+10.8%)
- 5-year price change: +$281,563 (+73.2%)
- Typical home value: $666,072 (#33 most expensive city in metro)
#19. Miami Springs, FL
- 1-year price change: +$66,498 (+10.1%)
- 5-year price change: +$304,922 (+72.7%)
- Typical home value: $724,156 (#26 most expensive city in metro)
#18. El Portal, FL
- 1-year price change: +$72,925 (+9.2%)
- 5-year price change: +$438,183 (+103.3%)
- Typical home value: $862,420 (#21 most expensive city in metro)
#17. Biscayne Park, FL
- 1-year price change: +$74,156 (+8.6%)
- 5-year price change: +$461,721 (+98.1%)
- Typical home value: $932,400 (#20 most expensive city in metro)
#16. Palm Beach, FL
- 1-year price change: +$77,618 (+3.8%)
- 5-year price change: +$1,097,351 (+105.2%)
- Typical home value: $2,140,382 (#7 most expensive city in metro)
#15. Bal Harbour, FL
- 1-year price change: +$84,619 (+4.6%)
- 5-year price change: +$671,129 (+53.8%)
- Typical home value: $1,918,847 (#9 most expensive city in metro)
#14. Ocean Ridge, FL
- 1-year price change: +$93,302 (+6.5%)
- 5-year price change: +$780,404 (+103.9%)
- Typical home value: $1,531,827 (#12 most expensive city in metro)
#13. Surfside, FL
- 1-year price change: +$99,202 (+8.5%)
- 5-year price change: +$593,903 (+88.6%)
- Typical home value: $1,264,233 (#15 most expensive city in metro)
#12. Village of Palmetto Bay, FL
- 1-year price change: +$117,875 (+12.3%)
- 5-year price change: +$516,115 (+91.8%)
- Typical home value: $1,078,032 (#17 most expensive city in metro)
#11. South Miami, FL
- 1-year price change: +$117,900 (+13.5%)
- 5-year price change: +$475,453 (+91.7%)
- Typical home value: $994,120 (#18 most expensive city in metro)
#10. Gulf Stream, FL
- 1-year price change: +$145,821 (+5.5%)
- 5-year price change: +$1,433,221 (+103.3%)
- Typical home value: $2,820,549 (#6 most expensive city in metro)
#9. Southwest Ranches, FL
- 1-year price change: +$162,839 (+13.1%)
- 5-year price change: +$701,878 (+100.1%)
- Typical home value: $1,403,207 (#14 most expensive city in metro)
#8. Coral Gables, FL
- 1-year price change: +$165,810 (+12.5%)
- 5-year price change: +$710,894 (+90.8%)
- Typical home value: $1,493,866 (#13 most expensive city in metro)
#7. Jupiter Inlet Colony, FL
- 1-year price change: +$178,624 (+4.9%)
- 5-year price change: +$2,173,987 (+134.1%)
- Typical home value: $3,794,884 (#4 most expensive city in metro)
#6. Golden Beach, FL
- 1-year price change: +$183,377 (+2.5%)
- 5-year price change: +$3,789,869 (+97.7%)
- Typical home value: $7,668,072 (#1 most expensive city in metro)
#5. Pinecrest, FL
- 1-year price change: +$262,069 (+14.2%)
- 5-year price change: +$1,125,932 (+114.6%)
- Typical home value: $2,108,450 (#8 most expensive city in metro)
#4. Manalapan, FL
- 1-year price change: +$265,642 (+6.7%)
- 5-year price change: +$2,247,411 (+114.7%)
- Typical home value: $4,206,978 (#3 most expensive city in metro)
#3. Sea Ranch Lakes, FL
- 1-year price change: +$278,783 (+17.1%)
- 5-year price change: +$1,063,634 (+125.2%)
- Typical home value: $1,913,502 (#10 most expensive city in metro)
#2. Golf, FL
- 1-year price change: +$336,080 (+12.4%)
- 5-year price change: +$1,853,744 (+154.5%)
- Typical home value: $3,053,323 (#5 most expensive city in metro)
#1. Fisher Island, FL
- 1-year price change: +$494,459 (+8.6%)
- 5-year price change: +$2,822,432 (+81.8%)
- Typical home value: $6,273,493 (#2 most expensive city in metro)
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 380 metros.
