Miami Beach might be a good place for its restaurants and nightlife, but not a good place if you're looking to buy a home. According to a WalletHub report, the city ranked near the bottom of the barrel of America's best real estate markets for 2025, finishing 291st out of 300 cities analyzed.
Overall, Miami Beach received a score of 39.17. Of all the metrics analyzed, the city ranked 236th in affordability and economic environment, 290th for its real estate market, and 296th for median days on the market.
Of its median days on the market metric, Miami Beach was four times higher than Manchester, New Hampshire, the No. 1 city on the list.
“Current home prices are extremely important, but there’s much more that you need to look at when determining the health of a city’s real estate market," WalletHub Analyst Chip Lupo said.
"Factors like the cost of living, the potential for the value of homes to increase, the availability of recently-built homes and the quality of the city’s job market are all important to consider in conjunction with asking prices and interest rates," Lupo continued "The best cities may not always be the cheapest, but they offer excellent housing options and long-term stability.”
But it's not all bad for Florida home seekers.
Port St. Lucie ranked 14th on the list with an overall score of 66.25. Specifically, the city placed No.1 in affordability and economic environment, and 32nd for its real estate market.
In addition, Tampa placed 37th on the list with a total score of 61.22. The Gulf Coast city specifically ranked 47th for its real estate market and 57th for affordability and economic environment.
McKinney, Texas, finished as the top real estate market in the country with an overall score of 72.33. Cary, North Carolina, ranked in second place, followed by Irvine, California; North Carolina; and Richardson, Texas in the top 5.
On the other hand, New Orleans, Louisiana, finished at the bottom of the real estate market with a score of 24.0. Shreveport, Louisiana, placed second to last, followed by Baton Rouge, Louisiana; Baltimore, Maryland; and Jackson, Mississippi.
