Miami real estate vs Austin real estate since 2013
204% × 143%
Updated May 1, 2026 · Redfin
Since 2013, Miami real estate returned 204% and Austin real estate returned 143%, in U.S. dollars. Miami real estate won the period — but with different risk: the worst drop was 21% (Miami real estate) vs 28% (Austin real estate).
Base 100 since 2013
Why compare Miami home prices (US$/m²) and Austin home prices (US$/m²)
Miami and Austin became the two faces of the pandemic Sun-Belt boom, magnets for people and capital leaving higher-cost coasts, which is why they get matched up. Both series are home prices per square foot from Redfin sold listings, so this compares price appreciation only, not which is the better investment, and excludes rent, leverage, property taxes and maintenance in both. The pattern is two fast, migration-driven markets that both surged hard and then cooled, with Austin's run-up and pullback among the most dramatic in the country. Which city leads depends almost entirely on whether you measure through the surge or the cooling. This is not investment advice.
Returns by window
| Window | Miami home prices (US$/m²) | Austin home prices (US$/m²) |
|---|---|---|
| 1 year | -3% | -6% |
| 5 years | 46% | -8% |
| 10 years | 100% | 67% |
| since 2013 | 204% | 143% |
The price of return: risk
| Asset | Annual volatility | Worst drop |
|---|---|---|
| Miami real estate | 19% | -21% |
| Austin real estate | 11% | -28% |
$10,000 in each, since 2013
| Asset | Value today |
|---|---|
| Miami real estate | $30,384 |
| Austin real estate | $24,303 |
Frequently asked questions
Miami real estate or Austin real estate: which returned more?
Since 2013, Miami real estate returned more in U.S. dollars. Over shorter windows the lead can change — see the per-window table on the page.
Does a higher return mean a better investment?
Not on its own — risk matters. The page shows the volatility and the largest drop of each; similar returns can hide very different rides.
Are these figures in real terms?
No — these are nominal returns in U.S. dollars. To see real (inflation-adjusted) gains, compare each one against U.S. inflation (CPI).
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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.