Brokers — List your Company Here

Featured local agent — Florida

Sponsored · 1 slot available per marketExample placement

Sarah Mitchell

CNESRESABR

Compass Real Estate · Florida

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Florida(512) 555-0184TX License #0512847

Visit website →sarahmitchellhomes.com

5.0 · 47 reviews

This spot is open. Be the only brokerage featured on this page — one slot, no auction.

Claim this spot

* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.

Florida housing market

The typical home in Florida is worth $375,470, down 1.5% over the past year. Homes that actually closed went for a median of $421,500 after 66 days on market. On supply, pricing discipline, and speed of sale, Florida currently reads as a leaning buyer's at 4.7 months of supply. At today's 7.03% 30-year fixed rate, that typical home costs $2,004 a month in principal and interest with 20.0% down.

Sources: Zillow, August 2026 · Refreshes monthly · Redfin, through May 2026 · Freddie Mac via FRED, September 2026

Florida housing market at a glance

Every tile carries the provider and the month it was published

Typical home value

$375,470

-1.5% YoY · Zillow, August 2026

Median sale price

$421,500

Redfin, through May 2026

Typical asking rent

$2,139/mo

Median of 116 cities · Zillow, August 2026

30-yr fixed rate

7.03%

Freddie Mac via FRED, September 2026

Monthly P&I

$2,004

20.0% down, 30-yr fixed

Days on market

-1 days YoY

Active listings

154,589

-17.0% YoY

Median household income

$71,711

U.S. Census ACS, 2023

Typical home value is Zillow's ZHVI — the value of a typical home across the whole housing stock, not just the homes that sold. Median sale price is what actually closed. Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026.

Where Florida home prices are heading

Florida's typical home value is $375,470, down 1.5% over 12 months. The two-year number matters more than the one-year number: it spans a full rate cycle rather than a single seasonal swing. Values are currently 6.3% below their two-year high, which means sellers who bought at the top may need to bring money to closing rather than take equity out of it.

Against the national picture, Florida runs 1.8% above the U.S. typical home value of $368,697, and its 12-month move of -1.5% is trailing the national pace of +1.2%.

What would have to change for Florida prices to fall. Prices fall when supply outruns demand for long enough that sellers compete on price rather than waiting. Florida is carrying 4.7 months of supply — inside the four-to-six-month band where neither side dictates terms. Active listings are -17.0% year over year and new listings -6.9%, so supply is still tightening, which supports prices even with weak demand. The other lever is the rate. At 7.03%, existing owners with cheaper mortgages have little reason to list, which is what has kept supply artificially low across most of the country. A sustained move down in rates unlocks those sellers and adds inventory; it also adds buyers. Which side moves first decides the direction.

Market trends

Statewide monthly series · Redfin, through May 2026 · No longer updating · Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026.

What it costs to buy in Florida at today's rate

Down payment

$75,094

20.0% of value

Loan amount

$300,376

30-yr fixed

Monthly P&I

$2,004

at 7.03%

Income needed

$85,886

28.0% front-end ratio

A buyer purchasing the typical Florida home at $375,470 puts $75,094 down, finances $300,376, and pays $2,004 a month in principal and interest. Property taxes, homeowners insurance, HOA dues, and mortgage insurance sit on top of that and vary by county — budget for them separately rather than assuming the P&I figure is the payment.

Lenders typically want principal and interest under 28.0% of gross income, which puts the qualifying income for that purchase at roughly $85,886. Florida's median household earns $71,711 (Census ACS 2023) — a gap of $14,175 above what the median household brings in. Put differently, the median household would spend 33.5% of gross income on principal and interest alone — above the ratio most lenders underwrite to, which is why buyers here typically need a larger down payment, a co-borrower, or a cheaper city than the statewide typical home.

The value-to-income ratio in Florida is 5.2x. Anything above 5x means prices have run well ahead of local earnings; buyers are relying on dual incomes, prior equity, or outside capital rather than local wages. Model your own numbers in the affordability calculator or the mortgage calculator.

Figures are illustrative, not a quote or a pre-approval. Rate: Freddie Mac via FRED, September 2026 · Value: Zillow, August 2026 · Income: U.S. Census ACS, 2023

Buying in Florida in the next 12 months?

Tell us your timeline. We send the Florida market brief: the price ranges that are actually clearing, the cities where your budget goes furthest, and what to fix on your credit before you apply.

Rent or buy in Florida?

Zillow publishes its rent index per city rather than per state, so the honest statewide read is the median across the 116 largest Florida cities that carry it: $2,139 a month. Set against a typical home value of $375,470, that is a price-to-rent ratio of 14.6x.

Under 15x, buying tends to beat renting for anyone staying more than a few years — the rent you avoid does more work than the capital you tie up. Principal and interest on the typical home runs $135 less per month than that typical rent — and that is before taxes, insurance, and the roughly 1% of value a year most owners spend on maintenance.

For a second read on the same question, the Census ACS puts median gross rent across all Florida households — every unit type, not just what is currently listed — at $1,564 a month (2023), with 67.3% of Florida households owning rather than renting. Asking rents lead the ACS figure because they reflect today's new leases rather than the whole stock of existing ones.

Run the rent-vs-buy calculator with your own holding period and down payment — the statewide ratio is a starting point, not an answer.

Supply: what is on the market in Florida

Florida inventory, new listings, sales, and supply, latest month versus the same month a year earlier
Measure	Latest	Year earlier	Change
Active listings	154,589	186,164	-17.0%
New listings	41,685	44,773	-6.9%
Homes sold	32,743	32,943	-0.6%
Months of supply	4.7	5.7	-1.0
Sale-to-list ratio	96.7%	96.5%	Below asking

What these mean. Active listings is the shelf — everything a buyer could tour today. New listings is restock rate; when it falls faster than sales, the shelf empties. Months of supply is active inventory divided by homes sold per month: at the current sales pace, how many months it would take to sell every home currently listed. Under 4 months of supply tilts toward sellers, 4 to 5 months is the neutral band, and above 5 months tilts toward buyers — above 7 months is a glut. These are the same thresholds the market verdict on every city and ZIP page is scored against. Sale-to-list ratio is the discipline check — above 100% means homes are clearing over asking on average, below means sellers are conceding.

Redfin, through May 2026 · No longer updating — Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026. Zillow's inventory and new-listing counts are published per city and appear on the individual city pages.

Where Florida home values are moving fastest

12-month change in typical home value · Zillow, August 2026

Rising fastest

Falling

Computed from Zillow's typical home value for each city at August 2026 against the same month a year earlier, across the 150 largest Florida cities by population. Small markets swing hardest because a handful of transactions moves the index — read the city page before treating a large move as a trend.

The most and least expensive cities in Florida

Typical home value across the 150 largest cities · Zillow, August 2026

Most expensive

1.Coral Gables$1.56M
2.Parkland$1.07M
3.Weston$719,191
4.Jupiter$704,677
5.Palm Beach Gardens$695,799
6.Cooper City$667,559
7.Wellington$658,628
8.Miami Lakes$650,117
9.Lakewood Ranch$585,199
10.Miami$580,866

Most affordable

The spread between Coral Gables and Lauderdale Lakes is 11.5x — one reason a single statewide number is close to useless for a buyer with a fixed budget. Pick the city first, then the price band. Speed is a separate axis from price: Casselberry was the quickest of these markets to clear at 13 days on market (Redfin, through May 2026).

How Florida compares

Florida typical home value, 12-month change, median household income, and value-to-income ratio compared with the United States and neighboring states
Market	Typical value	12-mo change	Median income	Value / income
Florida	$375,470	-1.5%	$71,711	5.2x
United States	$368,697	+1.2%	—	—
Georgia	$330,817	-0.5%	$74,664	4.4x
Alabama	$241,613	+1.9%	$62,027	3.9x
South Carolina	$306,323	+1.0%	$66,818	4.6x

The three states above are Florida's nearest land neighbours — the markets buyers most often price against when a move is still negotiable. Georgia and Alabama and South Carolina carry lower typical home value than Florida, which is what makes them the usual destination for equity-funded moves out of Florida.

Values and 12-month changes: Zillow, August 2026 · Refreshes monthly. Income: U.S. Census ACS, 2023. ACS publishes household income per state, not for the nation on the same basis, so the U.S. row shows home value only.

Florida housing markets by city

896 cities tracked — the 60 largest by population shown

Jacksonville

$285,103

Miami

$580,866

Tampa

$377,566

Orlando

$371,120

St. Petersburg

Pop. 261K

Hialeah

$442,859

Port St. Lucie

Pop. 220K

Cape Coral

$335,825

Tallahassee

$294,444

Fort Lauderdale

$511,473

Pembroke Pines

$488,121

Hollywood

$444,268

Gainesville

$295,760

Miramar

$521,195

Coral Springs

$523,439

Lehigh Acres

$279,720

Palm Bay

$303,910

West Palm Beach

$404,294

Spring Hill

$305,201

Clearwater

$342,820

Lakeland

$309,954

Brandon

$355,560

Pompano Beach

$351,953

Miami Gardens

$475,297

Riverview

$363,568

Davie

$516,933

Boca Raton

$576,824

Sunrise

$362,274

Deltona

$298,293

Palm Coast

$342,262

Fort Myers

$305,650

Alafaya

Pop. 91K

Deerfield Beach

$272,563

Town 'n' Country

Pop. 87K

Melbourne

$356,996

Largo

$336,911

Pine Hills

$274,704

The Villages

$392,083

Miami Beach

$522,429

Homestead

$434,225

Boynton Beach

$403,510

North Port

$301,967

Kissimmee

$355,971

Kendall

Pop. 79K

Doral

$543,159

Daytona Beach

$252,622

Lauderhill

$208,707

Wesley Chapel

$400,424

Tamarac

$292,430

Poinciana

$279,614

Weston

$719,191

Delray Beach

$343,049

Port Charlotte

$267,275

Ocala

$265,333

Port Orange

$337,510

Sanford

$340,196

Horizon West

Pop. 62K

St. Cloud

Pop. 62K

Wellington

$658,628

Palm Harbor

$404,931

Browse all 896 Florida cities Compare every state →

Get Florida market alerts

Weekly updates on prices, inventory, and trends. Free forever.

What to do next in Florida

If you are buying

Set the payment before the price. Start from what you can carry monthly, then work backwards with the affordability calculator — the typical Florida home is $2,004/mo in P&I today.
Pick the city, not the state. Values across Florida run from $135,344 in Lauderdale Lakes to $1.56M in Coral Gables.
Put two finalists head to head in the city comparison tool before you tour anything.
Fix the credit file before you shop the rate. A better score moves the payment more than haggling over price does at 7.03%.

If you are selling

Price against your city, not the statewide figure — the spread between Florida markets is wider than the year-over-year move in any of them.
Read the supply table above. At 4.7 months of supply, neither side has leverage, so presentation and pricing accuracy decide the outcome.
Watch days on market in your city, not the state. The statewide median was 66 days (Redfin, through May 2026); your city page carries its own.
Time the listing against new-listing volume. New listings are -6.9% year over year — less competition than a year ago.

Florida housing market questions

What is the typical home value in Florida?

The typical home value in Florida is $375,470 (Zillow, August 2026). That is a -1.5% change over the past 12 months. The median price of homes that actually sold was $421,500 (Redfin, through May 2026); sale prices skew toward whatever segment is transacting, which is why they differ from the typical-value figure.

Are Florida home prices going up or down?

Florida home values are down 1.5% year over year (Zillow, August 2026). Values sit 6.3% below their highest reading in the past two years.

How much income do you need to buy a home in Florida?

At the current 30-year fixed rate of 7.03%, a $375,470 home with 20.0% down carries roughly $2,004 a month in principal and interest. Using the 28% front-end ratio most lenders underwrite to, that implies a household income of about $85,886 before taxes, insurance, HOA dues, or mortgage insurance are added. Florida's median household income is $71,711 (Census ACS, 2023), a gap of $14,175 above the median household. These figures are illustrative, not a quote or a pre-approval.

Is it cheaper to rent or buy in Florida?

Typical asking rent across the largest Florida cities Zillow publishes rent data for is $2,139 a month (median of 116 cities, Zillow, August 2026). Against a typical home value of $375,470, that is a price-to-rent ratio of 14.6x. Ratios under about 15x generally favour buying if you plan to stay put; above about 20x, renting and investing the difference tends to win over short horizons. Principal and interest alone runs $135 less than that typical rent each month, before taxes, insurance, and maintenance.

Which Florida cities are the most affordable?

Among the largest cities we track in Florida, the lowest typical home values are in Lauderdale Lakes ($135,344), Lauderhill ($208,707), Daytona Beach ($252,622), North Fort Myers ($262,035), Ocala ($265,333). Values are Zillow's typical-home-value index for August 2026.

Which Florida cities are the most expensive?

The highest typical home values among the largest Florida cities are in Coral Gables ($1.56M), Parkland ($1.07M), Weston ($719,191), Jupiter ($704,677), Palm Beach Gardens ($695,799). Price per square foot, inventory, and days on market for each are on the individual city pages.

Which Florida cities are appreciating the fastest?

Over the past 12 months the largest home-value gains among Florida cities we track were in Coral Gables (+4.8%), Palm Beach Gardens (+3.5%), Boca Raton (+2.8%), Golden Glades (+2.2%), West Little River (+2.1%). Fast appreciation usually reflects constrained supply, in-migration, or a small transaction base — check the individual city page before reading it as a trend.

How long do homes take to sell in Florida?

Homes in Florida spent a median of 66 days on market in the last month Redfin published (Redfin, through May 2026). That is 1 days faster than the same month a year earlier. The quickest market among the state's largest cities was Casselberry at 13 days. Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026.

How does Florida compare to neighboring states?

Florida's typical home value of $375,470 compares with Georgia at $330,817, Alabama at $241,613, South Carolina at $306,323. The U.S. typical home value is $368,697, putting Florida 1.8% above the national figure. Georgia and Alabama and South Carolina are cheaper on a typical-value basis.

Is now a good time to buy in Florida?

That depends on your timeline, not the headline. The measurable inputs today: a 30-year fixed rate of 7.03%, 4.7 months of supply statewide (Redfin, through May 2026), active listings -17.0% year over year, and home values -1.5% over the past year. Buyers with a five-year-plus horizon are mostly exposed to the payment, not the price, so the rate you can qualify for matters more than the month you buy. Properties Incorporated is an independent data platform, not a brokerage or lender — this is information, not advice.

Be the brokerage on this page

1 slot per page

Get featured on Florida

Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching the entire state. One brokerage, no rotation, no bidding war.

Goes live in 24 hours
Cancel anytime
Do-follow backlink to your site

$200

per month