MIAMI RANKS AMONG THE TOP 10 U.S. CITIES WITH THE HIGHEST RESIDENTIAL REAL ESTATE VALUE. The Magic City ranked as the city with the No. 7 most valuable residential real estate, the highest ranking in Florida. Miami has a $774 billion in total residential real estate value with a median value of $297,000. https://www.bizjournals.com/southflorida/news/2020/07/08/miamis-residential-real-estate-values.html