Market Overview
Home Prices in Miami Springs, FL
The median home value in Miami Springs, FL is $733,259 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Miami Springs are priced79% above average. Miami Springs is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, Miami Springs home values have risen by approximately39.6%, reflecting strong long-term appreciation in this market.
Price History
Miami Springs Home Price Trend
City Comparison
Miami Springs vs. National Median
At $733,259, homes in Miami Springs cost 79% above the national median of $410,000. Buyers in Miami Springs should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Miami Springs?
20% Down Payment
$146,652
on $733,259
Monthly P&I
$3,824/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,856/mo
incl. taxes & insurance
Income Needed
$194,240
gross annual (30% rule)
10% Down Option
$73,326
+ PMI applies
Loan Amount (20% dn)
$586,607
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Miami Springs, FL?
The median home value in Miami Springs is $733,259 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Miami Springs?
Over the past year, home values in Miami Springs have decreased by 0.6%. Over five years, prices have risen approximately 39.6%.
How much do I need to earn to buy a home in Miami Springs?
To comfortably afford the median home price of $733,259 with a 20% down payment ($146,652) at today's rates (6.8%), you'd need a gross annual income of approximately $194,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Miami Springs compare to the national average home price?
The national median home value is approximately $410,000. At $733,259, homes in Miami Springs are 79% above the national average.
What metro area is Miami Springs part of?
Miami Springs is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.