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)
$472,937
$448,160
Year-over-year change
-3.9%
-2.0%
Median list price
$478,300
$489,967
Days on market (median)
61 days
32 days
% of listings with price cut
21.1%
32.9%

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 (61 days vs 32), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (32.9% vs 21.1%), a sign of softening seller expectations.

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