Market Overview
Home Prices in Miramar Beach, FL
The median home value in Miramar Beach, FL is $659,177 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and down 7.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Miramar Beach are priced61% above average. Miramar Beach is part of the Crestview-Fort Walton Beach-Destin, FL metro area.
Over the past five years, Miramar Beach home values have risen by approximately17.3%, reflecting steady appreciation in this market.
Price History
Miramar Beach Home Price Trend
City Comparison
Miramar Beach vs. National Median
At $659,177, homes in Miramar Beach cost 61% above the national median of $410,000. Buyers in Miramar Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Miramar Beach?
20% Down Payment
$131,835
on $659,177
Monthly P&I
$3,438/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,366/mo
incl. taxes & insurance
Income Needed
$174,640
gross annual (30% rule)
10% Down Option
$65,918
+ PMI applies
Loan Amount (20% dn)
$527,342
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 Miramar Beach, FL?
The median home value in Miramar Beach is $659,177 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Miramar Beach?
Over the past year, home values in Miramar Beach have decreased by 1.5%. Over five years, prices have risen approximately 17.3%.
How much do I need to earn to buy a home in Miramar Beach?
To comfortably afford the median home price of $659,177 with a 20% down payment ($131,835) at today's rates (6.8%), you'd need a gross annual income of approximately $174,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Miramar Beach compare to the national average home price?
The national median home value is approximately $410,000. At $659,177, homes in Miramar Beach are 61% above the national average.
What metro area is Miramar Beach part of?
Miramar Beach is part of the Crestview-Fort Walton Beach-Destin, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.