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County

Miami-Dade County

Florida · Miami-Fort Lauderdale-West Palm Beach, FL metro area · 2,802,029 residents (2025 est.)

FHFA annual index 1975–2025Developmental county indexPermits through August 2026
FHFA house price index for Miami-Dade County, 1975 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,5002,00019801990200020102020United States2025: 1,676
Miami-Dade County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

Miami-Dade County, Florida (Miami-Fort Lauderdale-West Palm Beach, FL area), has an FHFA house price index from 1975. Through 2025 it has risen +1576.0%, from 100 to 1676.

Over the ten years to 2025 the index rose +147.7% (+9.5% a year), well above Florida at +126.8% and well above the national +85.0%. The Miami-Fort Lauderdale-West Palm Beach, FL area rose +137.7%. The latest one-year change is +2.8%.

The strongest decade was the 2010s (+80.3%); the weakest the 1980s (+35.7%).

After a 2007 peak the index fell −46.6% to 2011 and regained the peak in 2020.

Builders were authorised for 11,258 housing units in the county in the 12 months to August 2026 (−16.9% on the previous 12 months), 4.0 units per 1,000 residents; 18% were single-family houses. Since 1995 the county has authorised 310,210 units, most in 2005.

+2.8%1 year, 2024–2025Florida −0.5%
+79.5%5 yearsUS +47.0%
+147.7%10 years+9.5% a year annualised
+387.2%since 2000US +158.3%
11,258units permitted, 12 months4.0 per 1,000 residents

Same span, four levels

Change in the FHFA indexMiami-Dade CountyMiami-Fort Lauderdale-West Palm Beach areaFloridaUnited States
1 year (2024–2025)+2.8%+1.6%−0.5%+2.8%
5 years (2020–2025)+79.5%+71.8%+59.9%+47.0%
10 years (2015–2025)+147.7%+137.7%+126.8%+85.0%
20 years (2005–2025)+134.7%+110.0%+89.6%+79.1%
Since 2000+387.2%+347.6%+264.2%+158.3%
Since 1975+1576.0%+1135.9%+927.1%+960.7%
10-year annualised+9.5%+9.0%+8.5%+6.3%
20-year annualised+4.4%+3.8%+3.3%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+35.7%+68.2%
1990s (1990–2000)+46.6%+33.9%
2000s (2000–2010)+50.5%+29.7%
2010s (2010–2020)+80.3%+35.5%
2020s so far (2020–2025)+79.5%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072011−46.6%2020

Building permits

Housing units authorised by building permits in Miami-Dade County, by month over the latest five years and by year since 1995.

Housing units authorised in Miami-Dade County by month, latest 12 months01,0002,000Sep 2025: 802 units (141 single-family, 661 in multi-unit buildings)Sep 2025Oct 2025: 661 units (139 single-family, 522 in multi-unit buildings)Oct 2025Nov 2025: 1,319 units (182 single-family, 1,137 in multi-unit buildings)Nov 2025Dec 2025: 1,260 units (120 single-family, 1,140 in multi-unit buildings)Dec 2025Jan 2026: 864 units (171 single-family, 693 in multi-unit buildings)Jan 2026Feb 2026: 412 units (112 single-family, 300 in multi-unit buildings)Feb 2026Mar 2026: 1,098 units (167 single-family, 931 in multi-unit buildings)Mar 2026Apr 2026: 697 units (229 single-family, 468 in multi-unit buildings)Apr 2026May 2026: 836 units (261 single-family, 575 in multi-unit buildings)May 2026Jun 2026: 900 units (192 single-family, 708 in multi-unit buildings)Jun 2026Jul 2026: 1,514 units (184 single-family, 1,330 in multi-unit buildings)Jul 2026Aug 2026: 895 units (176 single-family, 719 in multi-unit buildings)Aug 2026

Housing units authorised in Miami-Dade County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Miami-Dade County by month, latest 60 months02,0004,000Sep 2021: 832 units (212 single-family, 620 in multi-unit buildings)Sep 2021Oct 2021: 634 units (249 single-family, 385 in multi-unit buildings)Nov 2021: 1,295 units (172 single-family, 1,123 in multi-unit buildings)Dec 2021: 2,063 units (206 single-family, 1,857 in multi-unit buildings)Jan 2022: 1,188 units (162 single-family, 1,026 in multi-unit buildings)Feb 2022: 953 units (244 single-family, 709 in multi-unit buildings)Mar 2022: 703 units (265 single-family, 438 in multi-unit buildings)Apr 2022: 1,337 units (265 single-family, 1,072 in multi-unit buildings)May 2022: 2,260 units (273 single-family, 1,987 in multi-unit buildings)Jun 2022: 1,534 units (188 single-family, 1,346 in multi-unit buildings)Jul 2022: 692 units (229 single-family, 463 in multi-unit buildings)Aug 2022: 476 units (200 single-family, 276 in multi-unit buildings)Sep 2022: 616 units (184 single-family, 432 in multi-unit buildings)Sep 2022Oct 2022: 548 units (100 single-family, 448 in multi-unit buildings)Nov 2022: 756 units (90 single-family, 666 in multi-unit buildings)Dec 2022: 1,190 units (86 single-family, 1,104 in multi-unit buildings)Jan 2023: 1,118 units (88 single-family, 1,030 in multi-unit buildings)Feb 2023: 1,365 units (88 single-family, 1,277 in multi-unit buildings)Mar 2023: 2,164 units (138 single-family, 2,026 in multi-unit buildings)Apr 2023: 736 units (103 single-family, 633 in multi-unit buildings)May 2023: 520 units (115 single-family, 405 in multi-unit buildings)Jun 2023: 1,955 units (187 single-family, 1,768 in multi-unit buildings)Jul 2023: 1,035 units (148 single-family, 887 in multi-unit buildings)Aug 2023: 2,185 units (85 single-family, 2,100 in multi-unit buildings)Sep 2023: 723 units (118 single-family, 605 in multi-unit buildings)Sep 2023Oct 2023: 423 units (106 single-family, 317 in multi-unit buildings)Nov 2023: 414 units (125 single-family, 289 in multi-unit buildings)Dec 2023: 949 units (100 single-family, 849 in multi-unit buildings)Jan 2024: 1,206 units (134 single-family, 1,072 in multi-unit buildings)Feb 2024: 591 units (109 single-family, 482 in multi-unit buildings)Mar 2024: 814 units (174 single-family, 640 in multi-unit buildings)Apr 2024: 930 units (197 single-family, 733 in multi-unit buildings)May 2024: 647 units (188 single-family, 459 in multi-unit buildings)Jun 2024: 1,613 units (148 single-family, 1,465 in multi-unit buildings)Jul 2024: 906 units (305 single-family, 601 in multi-unit buildings)Aug 2024: 709 units (147 single-family, 562 in multi-unit buildings)Sep 2024: 348 units (190 single-family, 158 in multi-unit buildings)Sep 2024Oct 2024: 865 units (117 single-family, 748 in multi-unit buildings)Nov 2024: 977 units (129 single-family, 848 in multi-unit buildings)Dec 2024: 855 units (76 single-family, 779 in multi-unit buildings)Jan 2025: 637 units (108 single-family, 529 in multi-unit buildings)Feb 2025: 934 units (186 single-family, 748 in multi-unit buildings)Mar 2025: 1,176 units (133 single-family, 1,043 in multi-unit buildings)Apr 2025: 446 units (312 single-family, 134 in multi-unit buildings)May 2025: 641 units (193 single-family, 448 in multi-unit buildings)Jun 2025: 3,684 units (193 single-family, 3,491 in multi-unit buildings)Jul 2025: 2,438 units (220 single-family, 2,218 in multi-unit buildings)Aug 2025: 546 units (143 single-family, 403 in multi-unit buildings)Sep 2025: 802 units (141 single-family, 661 in multi-unit buildings)Sep 2025Oct 2025: 661 units (139 single-family, 522 in multi-unit buildings)Nov 2025: 1,319 units (182 single-family, 1,137 in multi-unit buildings)Dec 2025: 1,260 units (120 single-family, 1,140 in multi-unit buildings)Jan 2026: 864 units (171 single-family, 693 in multi-unit buildings)Feb 2026: 412 units (112 single-family, 300 in multi-unit buildings)Mar 2026: 1,098 units (167 single-family, 931 in multi-unit buildings)Apr 2026: 697 units (229 single-family, 468 in multi-unit buildings)May 2026: 836 units (261 single-family, 575 in multi-unit buildings)Jun 2026: 900 units (192 single-family, 708 in multi-unit buildings)Jul 2026: 1,514 units (184 single-family, 1,330 in multi-unit buildings)Aug 2026: 895 units (176 single-family, 719 in multi-unit buildings)

Housing units authorised in Miami-Dade County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Miami-Dade County by year, 1995–2025010,00020,00030,0001995: 0 units (0 single-family, 0 in multi-unit buildings)19951996: 0 units (0 single-family, 0 in multi-unit buildings)1997: 0 units (0 single-family, 0 in multi-unit buildings)1998: 0 units (0 single-family, 0 in multi-unit buildings)1999: 14,067 units (6,711 single-family, 7,356 in multi-unit buildings)2000: 12,475 units (5,998 single-family, 6,477 in multi-unit buildings)20002001: 13,996 units (6,828 single-family, 7,168 in multi-unit buildings)2002: 14,606 units (6,374 single-family, 8,232 in multi-unit buildings)2003: 15,533 units (8,740 single-family, 6,793 in multi-unit buildings)2004: 22,856 units (9,603 single-family, 13,253 in multi-unit buildings)2005: 26,120 units (9,922 single-family, 16,198 in multi-unit buildings)20052006: 20,017 units (6,548 single-family, 13,469 in multi-unit buildings)2007: 8,082 units (3,246 single-family, 4,836 in multi-unit buildings)2008: 3,474 units (1,086 single-family, 2,388 in multi-unit buildings)2009: 1,395 units (624 single-family, 771 in multi-unit buildings)2010: 3,203 units (941 single-family, 2,262 in multi-unit buildings)20102011: 2,618 units (962 single-family, 1,656 in multi-unit buildings)2012: 5,069 units (1,819 single-family, 3,250 in multi-unit buildings)2013: 10,316 units (2,266 single-family, 8,050 in multi-unit buildings)2014: 7,731 units (2,077 single-family, 5,654 in multi-unit buildings)2015: 12,617 units (2,800 single-family, 9,817 in multi-unit buildings)20152016: 9,317 units (2,873 single-family, 6,444 in multi-unit buildings)2017: 10,554 units (2,285 single-family, 8,269 in multi-unit buildings)2018: 11,703 units (2,449 single-family, 9,254 in multi-unit buildings)2019: 10,008 units (2,343 single-family, 7,665 in multi-unit buildings)2020: 9,831 units (2,133 single-family, 7,698 in multi-unit buildings)20202021: 13,393 units (2,477 single-family, 10,916 in multi-unit buildings)2022: 11,305 units (2,446 single-family, 8,859 in multi-unit buildings)2023: 12,781 units (1,458 single-family, 11,323 in multi-unit buildings)2024: 10,608 units (2,231 single-family, 8,377 in multi-unit buildings)2025: 16,535 units (2,666 single-family, 13,869 in multi-unit buildings)2025

Housing units authorised in Miami-Dade County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Miami-Dade CountyFloridaUnited States
Housing units authorised11,258158,3701,418,086
Units per 1,000 residents4.06.74.1
Single-family share18%69%63%
Change on previous 12 months−16.9%−7.4%−0.1%
Units authorised since 1995310,2104,459,07143,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Miami-Dade County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
33127−2.1%+275.2%+785.4%202529
33147+9.2%+272.6%+484.8%202543
33054+9.4%+268.3%+533.1%202532
33034−3.3%+250.0%+456.6%202528
33167+2.0%+236.0%+498.4%202534
33142−6.0%+233.9%+472.1%202531
33055+6.3%+230.9%+486.3%202543
33190+15.3%+226.0%+303.0%202233
33056+1.6%+221.8%+455.2%202541
33035+25.7%+220.7%—202215
33033+1.1%+219.6%+446.4%202541
33168+0.1%+217.4%+468.8%202541
33032−2.9%+216.8%+478.6%202538
33170+2.3%+205.9%+469.4%202540
33169+3.8%+203.7%+407.3%202543
33030+5.7%+203.1%+449.4%202541
33162+7.3%+199.3%+479.9%202551
33150+12.0%+194.1%+628.9%202541
33137−6.6%+188.1%+466.6%202337
33160+37.3%+178.8%+360.5%202236
33161+7.9%+177.5%+511.4%202549
33189+8.5%+170.3%+438.5%202541
33010+2.3%+168.8%+356.3%202542
33177+0.7%+168.3%+411.7%202542
33031+0.3%+167.7%+329.4%202540
33125+7.2%+164.3%+362.7%202546
33013+3.7%+160.3%+339.5%202551
33145+6.6%+155.1%+466.8%202547
33126+1.2%+154.9%+365.6%202541
33129—+153.7%+493.8%202438
33187−0.1%+152.1%+372.0%202542
33157+3.4%+150.7%+395.8%202551
33012+3.8%+148.3%+339.8%202551
33154+34.0%+148.2%+350.4%202237
33179+4.0%+147.3%+417.1%202551
33181+26.2%+145.4%+503.9%202540
33015+2.1%+144.5%+386.8%202546
33135−5.3%+144.4%+411.5%202540
33138−3.2%+143.1%+514.6%202549
33014+5.4%+141.7%+362.8%202551
33165+4.1%+138.9%+358.7%202551
33180—+138.1%+463.6%202538
33156+8.7%+137.8%+397.7%202551
33155+5.9%+137.7%+397.5%202551
33144−1.4%+135.7%+343.4%202551
33175+4.7%+135.4%+354.9%202551
33194−0.6%+133.3%—202523
33174−6.3%+132.8%+346.7%202550
33176+4.7%+132.8%+366.2%202551
33183−1.5%+132.6%+361.4%202549
33184−0.3%+132.4%+342.2%202547
33141+7.5%+131.9%+496.9%202540
33173+1.9%+131.0%+375.8%202551
33193+2.4%+131.0%+354.8%202541
33166+8.5%+129.2%+379.5%202548
33016+1.1%+129.0%+349.1%202541
33186+1.7%+125.7%+345.3%202549
33018+2.5%+123.6%+363.9%202539
33196−0.8%+123.4%+309.5%202543
33133+7.2%+123.1%+456.0%202549
33182+3.2%+123.1%+346.1%202541
33185+0.1%+120.8%+322.0%202544
33143+2.0%+119.5%+410.4%202551
33134+2.2%+118.1%+349.1%202551
33146—+113.1%+393.2%202548
331580.0%+106.9%+303.2%202540
33172+23.9%+102.5%+236.3%202230
33149+21.4%+99.7%+185.2%201328
33140+1.9%+74.2%+194.0%202137
33178+7.9%+49.7%+148.6%202131
33139−8.1%+35.2%+84.9%201322
33136+4.2%——202111

Cities and permit-issuing places in Miami-Dade County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Miami5,09710.44%
Miami-Dade County Unincorporated Area2,958—21%
Hialeah6893.00%
Homestead4595.388%
Florida City43732.288%
Doral3804.70%
Sunny Isles Beach27812.40%
Miami Lakes town2026.1100%
Cutler Bay town1272.813%
North Bay Village11614.33%
South Miami856.222%
Bay Harbor Islands town6911.59%
Miami Beach550.7100%
Coral Gables521.0100%
Village of Pinecrest442.4100%
Opa-locka402.53%
Surfside town397.013%
Aventura340.90%
Bal Harbour village268.60%
Key Biscayne village231.6100%
Miami Gardens210.290%

Questions and answers

How much have home values in Miami-Dade County risen over 10 years?

The FHFA index for Miami-Dade County rose +147.7% from 2015 to 2025, about +9.5% a year. Over 20 years: +134.7%; since 2000: +387.2%.

How does Miami-Dade County compare with Florida and the United States?

Over the ten years to 2025: Miami-Dade County +147.7%, Florida +126.8%, United States +85.0%, Miami-Fort Lauderdale-West Palm Beach, FL +137.7%.

What happened to Miami-Dade County prices in 2008?

The index peaked in 2007 and fell −46.6% to 2011; it passed the peak again in 2020. The state index fell −44.2% over 2006–2012.

How many homes are being built in Miami-Dade County?

11,258 housing units were authorised by building permits in the 12 months to August 2026 (2,074 single-family, 8,646 in buildings of five or more units), or 4.0 per 1,000 residents against 6.7 for Florida.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.