Miami sees largest home price surge among major U.S. markets since 2000, with other Florida cities near the top

Miami sees largest home price surge among major U.S. markets since 2000, with other Florida cities near the top

Buying a home has been a pricey proposition in Florida since the turn of the century. Four of the state’s cities are ranked among the top 20 when it comes to home prices increases in the largest U.S. metropolitan areas since 2000.

Clever Real Estate, a data and real estate analysis company, completed a study of the nation’s 50 biggest cities and home price increases in those large metro areas. Miami came in with the greatest increase in home prices in the U.S. so far this century, with a 299% jump in home values.

In 2000, the typical home value in Miami was $118,450. That figure skyrocketed to $472,711 in 2023, the biggest percentage increase in the country, according to the Clever Real Esta...

Full story at Florida Politics