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)
$473,725
$448,933
Year-over-year change
-3.5%
-1.8%
Median list price
$476,965
$491,667
Days on market (median)
56 days
28 days
% of listings with price cut
20.6%
33.8%

What this means for buyers

Miami - FL is roughly 6% more expensive than Phoenix - AZ in typical home value. Homes sit on market longer in Miami - FL (56 days vs 28), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (33.8% vs 20.6%), a sign of softening seller expectations.

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