Florida
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






Florida Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$245,845

Number Of Homes And Apartments:
7,621,760

Florida Home Prices

Value Range
> $1,312,224 2.0
$984,075 - $1,312,224 1.6
$656,119 - $984,074 4.6
$524,997 - $656,118 5.1
$393,738 - $524,996 11.1
$262,479 - $393,737 21.2
$131,229 - $262,478 30.9
$65,610 - $131,228 14.9
$0 - $65,609 8.5

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q1 - 2020 Q2
0.92% 3.73%
8
Last 12 Months:
2019 Q2 - 2020 Q2
5.66% 5.66%
10
Last 2 Years:
2018 Q2 - 2020 Q2
11.79% 5.73%
10
Last 5 Years:
2015 Q2 - 2020 Q2
44.66% 7.66%
9
Last 10 Years:
2010 Q2 - 2020 Q2
71.11% 5.52%
10
Since 2000:
2000 Q1 - 2020 Q2
147.83% 4.58%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,589 / per month

Homeownership Rate

Homeownership
Owners 63.64
Renters 36.36
Vacant 18.47

Housing Details

Age of Homes

AGE OF Florida HOMES
2000 or Newer 24.1
1970 - 1999 55.4
1940 - 1969 18.3
1939 or Older 2.2

Types of Homes

TYPE OF Florida HOMES
Single-Family 54.3
Townhomes 6.2
Small Apt. Buildings 6.1
Apt. Complexes 24.4
Mobile Homes 9.0
Other 0.1

Home Size

SIZE OF Florida HOMES
No Bedroom 2.05
1 Bedroom 10.04
2 Bedrooms 33.27
3 Bedrooms 38.52
4 Bedrooms 13.48
5 or more bedrooms 2.65