Florida
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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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 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$220,632

Number Of Homes And Apartments:
7,393,262

Florida Home Prices

Value Range
> $1,402,040 1.7
$1,051,615 - $1,402,040 1.3
$700,996 - $1,051,614 3.6
$560,746 - $700,995 3.9
$420,483 - $560,745 8.7
$280,350 - $420,482 18.0
$140,143 - $280,349 33.1
$70,008 - $140,142 19.5
$0 - $70,007 10.1

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
2.67% 11.10%
8
Last 12 Months:
2017 Q2 - 2018 Q2
8.94% 8.94%
9
Last 2 Years:
2016 Q2 - 2018 Q2
19.70% 9.41%
9
Last 5 Years:
2013 Q2 - 2018 Q2
57.03% 9.44%
10
Last 10 Years:
2008 Q2 - 2018 Q2
14.40% 1.35%
6
Since 2000:
2000 Q1 - 2018 Q2
124.92% 4.54%
9
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,449 / per month

Homeownership Rate

Homeownership
Owners 63.35
Renters 36.65
Vacant 19.22

Housing Details

Age of Homes

AGE OF Florida HOMES
2000 or Newer 22.5
1970 - 1999 56.4
1940 - 1969 18.9
1939 or Older 2.2

Types of Homes

TYPE OF Florida HOMES
Single-Family 54.1
Townhomes 6.2
Small Apt. Buildings 6.1
Apt. Complexes 24.3
Mobile Homes 9.1
Other 0.1

Home Size

SIZE OF Florida HOMES
No Bedroom 1.96
1 Bedroom 10.30
2 Bedrooms 33.71
3 Bedrooms 38.37
4 Bedrooms 13.13
5 or more bedrooms 2.52