Miami - FL vs Phoenix - AZ: 2026 Housing Comparison

Side-by-side housing data for Miami - FL, FL and Phoenix - AZ, AZ - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Miami - FL
Phoenix - AZ
Typical home value (ZHVI)
$476,598
$447,054
Year-over-year change
-2.2%
-1.7%
Median list price
$473,333
$491,000
Days on market (median)
52 days
34 days
% of listings with price cut
19.7%
33.3%

What this means for buyers

Miami - FL is roughly 7% more expensive than Phoenix - AZ in typical home value. Homes sit on market longer in Miami - FL (52 days vs 34), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (33.3% vs 19.7%), a sign of softening seller expectations.

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