The median listing price in the Miami-Fort Lauderdale-West Palm Beach metro area was $490K in September 2026, down 2.0% from a year earlier (Realtor.com). 41,277 homes were listed for sale, down 12.3% year over year, with a median of 85 days on market. The metro area covers Miami-Dade, Broward, Palm Beach counties, with 6,138,876 residents and a median household income of $73,481 (U.S. Census Bureau, ACS 2019–2023).
Housing Market (September 2026)
| Median listing price | $490K | #4 of 28 |
|---|---|---|
| Listing price change (YoY) | -2.0% | |
| Active listings | 41,277 | #1 of 28 |
| Inventory change (YoY) | -12.3% | |
| Median days on market | 85 | |
| Listings with a price cut | 14.9% | |
| Listing price per sq ft | $355 | #4 of 28 |
Source: Realtor.com® Economic Research (realtor.com/research/data).
People and Affordability
| Population | 6,138,876 | #1 of 28 |
|---|---|---|
| Population growth (5 yr) | +1.1% | |
| Median household income | $73,481 | #9 of 28 |
| Median home value (owner-reported) | $406K | |
| Median gross rent | $1,770 | |
| Price-to-income ratio | 5.52× |
Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates.
Economy, Development and Banking
Totals across the 3 counties in the metro area.
| Total employment (2025) | 2,810,928 | |
|---|---|---|
| Permitted housing units, YTD (through August 2026) | 14,906 | |
| Banks headquartered here | 28 |
Sources: U.S. Bureau of Labor Statistics (QCEW); U.S. Census Bureau Building Permits Survey; FDIC BankFind Suite.
Florida foreclosure rates
- 1 in 2,397 Florida housing units had a foreclosure filing in August 2026, the #3 highest state rate (4,278 filings).
- For the first half of 2026, Florida had the #1 state rate: 0.27% of housing units.
- Florida metros in the national top 10: Punta Gorda (#1), Lakeland (#2), Cape Coral (#6), Jacksonville (#8), Ocala (#10).
Source: ATTOM, foreclosure rates by state (August 2026, published September 18, 2026) and mid-year 2026 report. Updated monthly.
Counties in the Miami-Fort Lauderdale-West Palm Beach metro area
| County | Population | Median list price | YoY | Days on market |
|---|---|---|---|---|
| Miami-Dade County | 2,685,296 | $589K | -1.3% | 87 |
| Broward County | 1,946,127 | $380K | -5.0% | 86 |
| Palm Beach County | 1,507,453 | $472K | -2.7% | 79 |
See the Miami-Fort Lauderdale-West Palm Beach area's Linton Global Market Score and Linton Global Value Gap against every Florida metro on the Market Map. Free to unlock.
See the Linton Global scores →How we calculate them: methodology.
Frequently Asked Questions
What is the median listing price in the Miami-Fort Lauderdale-West Palm Beach area?
$490K in September 2026, according to Realtor.com Economic Research, -2.0% versus a year earlier.
Which counties are in the Miami-Fort Lauderdale-West Palm Beach metro area?
Miami-Dade, Broward, Palm Beach counties, under the federal (OMB) core-based statistical area definition.
How affordable is the Miami-Fort Lauderdale-West Palm Beach area?
The ACS median home value is $406K against a median household income of $73,481, a price-to-income ratio of 5.52×.
Equal Housing Opportunity