By Gay Cororaton, MIAMI REALTORS Chief Economist
With prices rising robustly and on a sustained basis for the past 14 years, Southeast Florida homeowners have achieved higher levels of home equity and equity ratios (equity/sales price) than nationally over the past 15 years since 2010 Q4.[1] Given high levels of equity, homeowners are in solid financial shape and are not likely to go underwater given current economic and housing conditions.
Download the 2025 Q4 Southeast Florida Home Equity Report HERE.
Miami-Dade County: $560,790
As of 2025 Q4, Miami-Dade County homebuyers who purchased a single-family home 15 years ago have a median equity of $560,790 compared to $300,504 nationally. The strong gain in home equity is due to robust price appreciation, with the median sales price quadrupling over this period, up 291%, compared to 140% nationally. The median home equity ratio is 84% compared to 73% nationally. The median homeowner equity is over a million dollars in Miami Beach ($3.1 M), Pinecrest ($2.2 M), Coral Gables ($1.7 M), and Miami Shores ($1.1 M).
Homeowners who purchased a home during the COVID pandemic in 2020 Q4 have a median home equity of $320,295, twice the $159,187 national level, as of 2025 Q4. Miami-Dade sales prices rose 53% over this 5-year period compared to 30% nationally.
Broward County: $483,766
Broward County single-family homeowners who purchased a home at the median sales price in 2010 Q4 have a median equity of $483,766 as of 2025 Q4 as the median sales price rose 210% over this period, outpacing the price growth nationally. The median home equity ratio is 79%, also higher than nationally. Southwest Ranches homeowners have the highest median home equity ($1.4 million), followed by Lighthouse Point ($882,684) and Parkland ($801,172).
Homeowners who purchased their homes just five years ago have a median home equity of $276,190, also higher than nationally, as prices typically increased 45% over this period, outpacing the national increase.
Palm Beach County: $492,845
Palm Beach County single-family homeowners who purchased a property in 2010 Q4 have a median home equity of $492,845, with sales prices typically rising 195% over the 15-year period. The median home equity ratio is 78%, also higher than nationally. The city of Palm Beach has the highest median home equity in Southeast Florida ($13.3 million). Other Palm Beach County cities with large home equity are Boca Raton ($992,180), Palm Beach Gardens ($862,125), Jupiter ($719,429), and Tequesta ( $714,722).
Homeowners who purchased their homes just five years ago have a median home equity of $125,519, with prices up 50% over this period, faster than nationally.
Martin County: $452,245
Martin County single-family homeowners who purchased a home 15 years ago have a median home equity of $452,245 as prices rose 161% over this period, also a faster pace than nationally. The median home equity ratio is 75%, also higher than nationally. Homeowners have the highest median home home equity in Palm City ($484,900), Stuart ($484,793), and Hobe Sound ($438,518).
Homeowners who purchased their homes just five years ago have a median home equity of $270,005 , also outpacing the national level, as median sales prices rose 44% during this 5-year period, faster than nationally.
St. Lucie County: $331,080
St. Lucie County single-family homeowners who purchased a home during the Great Recession have a median home equity of $331,080, driven by home prices that quadrupled over this period, up 297%. The median home equity ratio is of 84%, also higher than nationally. Port St. Lucie ($345,750) and Indian River Estates ($335,937) have the largest median home equity.
Homeowners who purchased their homes just five years ago have a median home equity of $186,103, also higher than nationally, as prices rose 50% over this period, faster than nationally.
Outlook: sustained but modest gains in home equity
Homeowners are likely to continue building up home equity with home prices expected to rise in 2026, although at a modest pace. According to MIAMI Realtors latest Housing Outlook, single-family prices will likely increase 2.8% in 2026 and 3.5% in 2027. Condominium/townhome prices will remain soft in 2026, down 0.5%, but modestly recover starting in 2027, up 1.2%. See Lower Mortgage Rates and Rising Out-of-State Migration to Spark South Florida Home Sales – MIAMI REALTORS®
[1] Source: Miami Association of Realtors® calculates the median home equity using median home prices and assumes a 10% downpayment on a 30-year fixed-rate loan.
