Miramar Home Prices: $438K, Down 4.7% — 3 ZIPs Analyzed (2026)

Prices dropped for the 12th straight month in Miramar. The typical home here now costs $437,836 — down 4.7% from a year ago. That’s a loss of roughly $21,500 in value over 12 months. For buyers who’ve been priced out of South Florida, the math is finally shifting.

Quick answer: The average home price in Miramar, FL is $437,836 as of February 2026, down 4.7% year over year according to Zillow.

Current Home Prices in Miramar

The median sits at $437,836, which puts Miramar in the mid-range for Broward County cities. A year ago, that number was closer to $459,000. The decline hasn’t been sudden — it’s been a slow, steady slide of a few hundred dollars each month.

The price spread across the city is notable. The gap between the cheapest and most expensive ZIP codes is about $85,500. That means your buying power depends heavily on which part of Miramar you’re targeting.

One year of losses doesn’t mean a crash. But it does signal a market that’s cooling after years of aggressive gains across South Florida. Sellers who listed at 2025 prices are likely sitting with stale listings.

Miramar Home Prices by Neighborhood

Most Expensive

33027 leads at $475,954, sitting 8.7% above the city median, with rents to match at $2,799 per month — the highest in the city. 33023 comes in at $447,143, roughly $9,300 above the citywide average, with rents at $2,426. These two ZIPs account for the premium side of Miramar’s market.

Most Affordable

33025 is the clear entry point at $390,413, about $47,400 below the city median. Rents here are also the lowest at $2,374 per month. If you’re looking for the most house per dollar in Miramar, 33025 is where the numbers work hardest.

Rent vs Buy in Miramar

Estimated mortgage payment based on 20% down, 7% interest rate, 30-year fixed. Includes estimated property tax and insurance. Your actual payment will vary.

The citywide average rent across Miramar’s three ZIP codes runs about $2,533 per month. A mortgage on the median-priced home at current rates — assuming 20% down and 7% interest — comes out to roughly $2,330 in principal and interest alone. Add Florida property taxes and homeowner’s insurance, and you’re looking at roughly $2,800 to $2,900 per month.

That puts renting at a modest discount to buying in most of the city. In 33027, the gap widens: renting saves you about $300 per month compared to buying. In 33025, the numbers are closer — rent and ownership costs nearly overlap.

The rent-vs-buy decision here comes down to your timeline. If you plan to stay five or more years, buying locks in a fixed payment. If you’re uncertain, renting gives you flexibility — especially while prices are still drifting lower.

Population Growth and Migration

Miramar added 8,717 residents between 2020 and 2024, a 6.5% increase. Growth was steady — no single boom year, just consistent gains of 2,000 to 3,000 people annually.

How does that compare to the rest of Florida?

Miramar’s growth rate is solid but trails the state’s fast-expanding cities along the Gulf Coast and Treasure Coast. Port St. Lucie and Cape Coral are growing three to four times faster. Still, a growing population means sustained housing demand — even if prices are temporarily softening.

Miramar Housing Market Trends

The trend line points one direction: down. Every single month over the past year saw lower values than the month before. The pace has slowed, though. From March to June 2025, the city was losing about $2,300 per month. By late 2025 and into 2026, the monthly drops shrank to $500-$800.

That deceleration matters. Prices are still falling, but the rate of decline is flattening. The gap between January and February 2026 was just $494 — the smallest monthly drop in the entire 12-month window.

Is Miramar a Good Place to Buy in 2026?

The numbers point toward a buyer’s market. Twelve consecutive months of price declines give you bargaining power at the negotiating table. Sellers who listed last spring are looking at $20,000+ in lost value since then.

A few things work in your favor. Population growth is steady, which means long-term demand isn’t disappearing. Rent and mortgage costs are converging, making ownership more competitive. And the pace of decline is slowing — you’re less likely to catch a falling knife today than you were six months ago.

The risk? Prices haven’t bottomed yet. If you’re buying, make sure you can hold for several years. Short-term flips in a declining market are a losing bet. But for someone planning to live in Miramar, the entry price hasn’t been this low in a while.

Miramar Housing Market Outlook for 2026-2027

The 3-month trend suggests the decline is losing steam. Between December 2025 and February 2026, the monthly drop averaged about $600 — compared to $2,000+ monthly drops in mid-2025.

If the current pace continues, prices could stabilize by mid-2026. A flat market through the rest of the year is the most likely scenario based on the data. The decline isn’t accelerating, and population growth provides a floor of demand.

A rebound in 2026 looks unlikely given the consistent downward momentum. But the numbers don’t support a steeper drop either. Buyers should expect flat to slightly lower values through the rest of the year.

Similar Markets in FL

If you’re shopping in Miramar, you might also consider these Florida cities:

• Pembroke Pines — Miramar’s immediate neighbor to the north, with a similar suburban feel and comparable price points.
• Fort Lauderdale — Closer to the coast with higher prices, but more rental inventory and urban amenities.
• Port Saint Lucie — Fast-growing city on the Treasure Coast where your dollar stretches further than in Broward County.
• Hialeah — Another Miami-Dade suburb worth comparing for buyers who want to stay close to the metro core.
• Miami — The center of the metro area, with a wider range of price points and neighborhoods.

Frequently Asked Questions

What is the average home price in Miramar?

The average home price in Miramar is $437,836 as of February 2026. Across the city’s three ZIP codes, values range from $390,413 in 33025 to $475,954 in 33027. The citywide median has been declining steadily over the past 12 months.

Are home prices going up or down in Miramar?

Down. Prices have fallen 4.7% year over year, dropping from $459,383 in March 2025 to $437,836 in February 2026. That’s 12 consecutive months of declines, though the pace has slowed significantly in recent months.

Is it cheaper to rent or buy in Miramar?

Renting is slightly cheaper right now. The average monthly rent across Miramar’s ZIP codes is roughly $2,533, while estimated mortgage payments on the median home — with 20% down at 7% interest, plus taxes and insurance — run closer to $2,800-$2,900. The gap is narrowest in ZIP code 33025.

What is the most affordable neighborhood in Miramar?

ZIP code 33025 is the most affordable at $390,413, which is about $47,000 below the city median. It also has the lowest rents at $2,374 per month. This is the strongest entry point for first-time buyers in Miramar.

Is Miramar growing or shrinking?

Miramar is growing. The population increased from 134,525 in 2020 to 143,242 in 2024 — a gain of 6.5% over four years. That’s steady growth, though slower than fast-expanding Florida cities like Port St. Lucie (25.0%) and Cape Coral (19.2%).

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.