Miami Received F Grade in 2026 Metro Report Cards
Real estate metrics highlight significant affordability and development challenges facing the Miami market.
Updated on Sept. 29, 2026 in Residential
Live Poll
Is homeownership becoming less attainable for average working families in your local community?
Realtor.com has issued Miami an F grade in its 2026 Metro Report Cards, assigning the city a total score of just 29 out of 100. The report highlights severe disparities between local incomes and rising residential costs.
Why it matters
Land scarcity between the Everglades and the Atlantic, coupled with high development costs, has detached local housing values from resident incomes. This trend forces developers to prioritize luxury construction over entry-level homes.
Miami earned an affordability score of 18.9 and a homebuilding score of 39.1. The median-priced home in the city costs $507,237, with new construction priced 248% higher than resold homes.
The players
Realtor.com
This real estate marketplace provides data and listing services for homebuyers, sellers, and renters.
The details
The average median earner in Miami allocates nearly 47% of their $74,274 annual income toward monthly mortgage payments. While Miami struggled in the rankings, other Florida cities like Jacksonville and Palm Bay achieved A- grades.
Timeline
Realtor.com released its 2026 Metro Report Cards on September 29, 2026.
Culture Shift
The report highlights the growing divide between housing supply and median earning power in major coastal hubs. This follows the pattern set by the Realtor.com 2026 Metro Report Cards in documenting how geographic and economic constraints shape modern urban living.
Residents should anticipate continued pressure on household budgets as nearly half of median income is consumed by mortgage costs. Homebuyers may find limited options for non-luxury housing due to the focus on high-end new developments.
The takeaway
Prospective buyers in high-cost metro areas should prioritize thorough financial planning to account for the current divergence between housing prices and regional income levels. Understanding these market grade metrics can help families better evaluate long-term affordability in competitive regions.
Further reading
For more on the current state of the local market, visit Miami Residential.
Live Poll
Is homeownership becoming less attainable for average working families in your local community?
