Cities with the most expensive homes in the Miami metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Miami metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 115 cities and towns.

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1 / 30

#30. West Miami, FL

- Typical home value: $659,221
- 1-year price change: -0.1%
- 5-year price change: +37.0%

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2 / 30

#29. Cooper City, FL

- Typical home value: $667,559
- 1-year price change: -0.1%
- 5-year price change: +34.6%

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3 / 30

#28. Lake Clarke Shores, FL

- Typical home value: $668,485
- 1-year price change: +4.7%
- 5-year price change: +41.4%

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4 / 30

#27. Palm Beach Gardens, FL

- Typical home value: $695,799
- 1-year price change: +3.2%
- 5-year price change: +36.9%

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5 / 30

#26. Bay Harbor Islands, FL

- Typical home value: $701,545
- 1-year price change: +1.7%
- 5-year price change: +41.6%

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6 / 30

#25. Jupiter, FL

- Typical home value: $704,677
- 1-year price change: +1.8%
- 5-year price change: +31.7%

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7 / 30

#24. Weston, FL

- Typical home value: $719,191
- 1-year price change: -1.7%
- 5-year price change: +31.4%

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8 / 30

#23. Miami Springs, FL

- Typical home value: $729,567
- 1-year price change: +2.0%
- 5-year price change: +38.3%

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9 / 30

#22. Miami Shores, FL

- Typical home value: $751,933
- 1-year price change: +5.1%
- 5-year price change: +49.0%

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10 / 30

#21. Lighthouse Point, FL

- Typical home value: $774,429
- 1-year price change: +2.1%
- 5-year price change: +31.0%

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11 / 30

#20. El Portal, FL

- Typical home value: $857,327
- 1-year price change: +3.3%
- 5-year price change: +51.1%

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12 / 30

#19. Palm Beach Shores, FL

- Typical home value: $865,332
- 1-year price change: +6.7%
- 5-year price change: +37.6%

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13 / 30

#18. Highland Beach, FL

- Typical home value: $915,876
- 1-year price change: +3.4%
- 5-year price change: +29.9%

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14 / 30

#17. Biscayne Park, FL

- Typical home value: $974,601
- 1-year price change: +8.9%
- 5-year price change: +56.5%

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15 / 30

#16. Parkland, FL

- Typical home value: $1,074,684
- 1-year price change: +1.1%
- 5-year price change: +31.8%

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16 / 30

#15. Village of Palmetto Bay, FL

- Typical home value: $1,112,736
- 1-year price change: +3.1%
- 5-year price change: +55.9%

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#14. Surfside, FL

- Typical home value: $1,351,564
- 1-year price change: +9.7%
- 5-year price change: +66.6%

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#13. Southwest Ranches, FL

- Typical home value: $1,475,160
- 1-year price change: +4.3%
- 5-year price change: +55.8%

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19 / 30

#12. Ocean Ridge, FL

- Typical home value: $1,496,549
- 1-year price change: +4.9%
- 5-year price change: +43.8%

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20 / 30

#11. Coral Gables, FL

- Typical home value: $1,558,867
- 1-year price change: +6.9%
- 5-year price change: +63.6%

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21 / 30

#10. Key Biscayne, FL

- Typical home value: $1,708,156
- 1-year price change: +6.5%
- 5-year price change: +37.5%

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22 / 30

#9. Bal Harbour, FL

- Typical home value: $1,944,949
- 1-year price change: +6.0%
- 5-year price change: +43.4%

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23 / 30

#8. Palm Beach, FL

- Typical home value: $2,140,266
- 1-year price change: +2.1%
- 5-year price change: +52.5%

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#7. Pinecrest, FL

- Typical home value: $2,212,376
- 1-year price change: +5.6%
- 5-year price change: +71.1%

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#6. Gulf Stream, FL

- Typical home value: $2,760,926
- 1-year price change: +9.7%
- 5-year price change: +54.2%

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26 / 30

#5. Golf, FL

- Typical home value: $3,103,587
- 1-year price change: +8.4%
- 5-year price change: +84.3%

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27 / 30

#4. Manalapan, FL

- Typical home value: $3,799,995
- 1-year price change: +8.7%
- 5-year price change: +43.7%

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28 / 30

#3. Jupiter Inlet Colony, FL

- Typical home value: $3,859,575
- 1-year price change: +3.0%
- 5-year price change: +53.8%

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29 / 30

#2. Fisher Island, FL

- Typical home value: $7,005,005
- 1-year price change: +7.9%
- 5-year price change: +73.4%

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30 / 30

#1. Golden Beach, FL

- Typical home value: $7,539,050
- 1-year price change: +8.1%
- 5-year price change: +61.0%

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