Miami-Dade County, Florida home prices
Typical home $523,240 · +0.6% in a year · property tax 0.81%
The typical home in Miami-Dade County is worth $523,240, 39% more than the Florida typical home ($375,361). Values changed +0.6% in the past year and +35.4% over five years. Homeowners here pay a median 0.81% of their home's value in property tax each year ($4,231 on the typical home), versus 0.8% statewide.
Mortgage on the typical Miami-Dade County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $104,648 | $418,592 | $2,816 | $0 | $614 | $3,430 | $147,000 |
| 10% down | $52,324 | $470,916 | $3,168 | $196 | $614 | $3,978 | $170,500 |
| 5% down | $26,162 | $497,078 | $3,344 | $207 | $614 | $4,165 | $178,500 |
| 3.5% down (FHA) | $18,313 | $513,763 | $3,456 | $231 | $614 | $4,302 | $184,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.81% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Florida · part of the Miami metro area.
Florida counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Collier County | $552,087 | -1.4% | 0.63% |
| Saint Johns County | $492,987 | -0.8% | 0.76% |
| Nassau County | $484,963 | +0.7% | 0.71% |
| Palm Beach County | $475,754 | +2.3% | 0.86% |
| Martin County | $448,233 | +0.7% | 0.77% |
| Broward County | $422,344 | -1.6% | 0.94% |
| Franklin County | $422,234 | -2.5% | 0.63% |
| Manatee County | $408,269 | -2.5% | 0.78% |
| Gulf County | $403,845 | -1.0% | 0.63% |
| Orange County | $400,964 | -0.8% | 0.76% |
Frequently asked questions
What is the average home price in Miami-Dade County, FL?
The typical home value in Miami-Dade County is $523,240 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Miami-Dade County?
About $147,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Miami-Dade County?
The median effective rate is 0.81% of home value a year (Census ACS 2024 5-year estimates).