Florida
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Florida Real Estate Market & Appreciation

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 Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$331,461

Number Of Homes And Apartments:
7,931,313

Florida Home Prices

> $1,447,355
2.3%
2.3%
$1,085,583 - $1,447,355
1.9%
1.9%
$723,672 - $1,085,582
5.9%
5.9%
$578,981 - $723,671
6.9%
6.9%
$434,234 - $578,980
14.5%
14.5%
$289,444 - $434,233
25.1%
25.1%
$144,758 - $289,443
27.0%
27.0%
$72,391 - $144,757
10.1%
10.1%
$0 - $72,390
6.4%
6.4%
0.0% 100.0%
% OF HOMES

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q3 - 2021 Q4
5.54% 24.09%
10
Last 12 Months:
2020 Q4 - 2021 Q4
24.47% 24.47%
10
Last 2 Years:
2019 Q4 - 2021 Q4
33.64% 15.60%
10
Last 5 Years:
2016 Q4 - 2021 Q4
63.07% 10.28%
9
Last 10 Years:
2011 Q4 - 2021 Q4
134.94% 8.92%
10
Since 2000:
2000 Q1 - 2021 Q4
218.79% 5.47%
9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,972 / per month

Homeownership Rate

Owners
64.9%
64.9%
Renters
35.1%
35.1%
Vacant
17.1%
17.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
25.8%
25.8%
1970 - 1999
54.3%
54.3%
1940 - 1969
17.8%
17.8%
1939 or Older
2.1%
2.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
54.7%
54.7%
Townhomes
6.3%
6.3%
Small Apt. Buildings
6.0%
6.0%
Apt. Complexes
24.2%
24.2%
Mobile Homes
8.7%
8.7%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.1%
2.1%
1 Bedroom
10.0%
10.0%
2 Bedrooms
32.4%
32.4%
3 Bedrooms
38.6%
38.6%
4 Bedrooms
14.1%
14.1%
5 or more bedrooms
2.8%
2.8%
0.0% 100.0%
% OF HOMES