Market Overview
Home Prices in North Miami, FL
The median home value in North Miami, FL is $424,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and down 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in North Miami are priced4% above average. North Miami is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, North Miami home values have risen by approximately43.2%, reflecting strong long-term appreciation in this market.
Price History
North Miami Home Price Trend
City Comparison
North Miami vs. National Median
At $424,771, homes in North Miami cost 4% above the national median of $410,000. Buyers in North Miami should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in North Miami?
20% Down Payment
$84,954
on $424,771
Monthly P&I
$2,215/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,813/mo
incl. taxes & insurance
Income Needed
$112,520
gross annual (30% rule)
10% Down Option
$42,477
+ PMI applies
Loan Amount (20% dn)
$339,817
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 North Miami, FL?
The median home value in North Miami is $424,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in North Miami?
Over the past year, home values in North Miami have decreased by 1.1%. Over five years, prices have risen approximately 43.2%.
How much do I need to earn to buy a home in North Miami?
To comfortably afford the median home price of $424,771 with a 20% down payment ($84,954) at today's rates (6.8%), you'd need a gross annual income of approximately $112,520. This assumes keeping total housing costs at or below 30% of gross income.
How does North Miami compare to the national average home price?
The national median home value is approximately $410,000. At $424,771, homes in North Miami are 4% above the national average.
What metro area is North Miami part of?
North Miami is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.