Miami, FL vs New York-Newark-Jersey City: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of July 2026

Miami, FL vs New York-Newark-Jersey City side by side

Metric Miami, FL New York-Newark-Jersey City
Alpha Score3822
Price Momentum4850
Inventory Health350
Affordability55
Economic Strength7650
Rental Yield267
Median Sale Price$570K
Price-to-Income7.96.2
Payment-to-Income47.2%39.0%
Months of Supply8
Gross Rental Yield3.9%3.6%
Overvaluation Index9040

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Miami, FL and New York-Newark-Jersey City compare, dimension by dimension

  • Affordability: Miami, FL and New York-Newark-Jersey City score the same (5/100).
  • Price Momentum: New York-Newark-Jersey City leads — Miami, FL 48/100 vs New York-Newark-Jersey City 50/100.
  • Inventory Health: Miami, FL leads — Miami, FL 35/100 vs New York-Newark-Jersey City 0/100.
  • Economic Strength: Miami, FL leads — Miami, FL 76/100 vs New York-Newark-Jersey City 50/100.
  • Rental Yield: Miami, FL leads — Miami, FL 26/100 vs New York-Newark-Jersey City 7/100.

Frequently asked questions

Which has a higher Alpha Score, Miami, FL or New York-Newark-Jersey City?

Miami, FL scores higher — 38 vs 22 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Miami, FL or New York-Newark-Jersey City more affordable?

Affordability is comparable in both markets. Price-to-income is 7.9 in Miami, FL and 6.2 in New York-Newark-Jersey City.

Which housing market has stronger momentum, Miami, FL or New York-Newark-Jersey City?

New York-Newark-Jersey City has stronger price momentum — 50/100 vs 48/100.

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Miami, FL market brief and the New York-Newark-Jersey City brief.