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 Q3 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:
$227,073

Number Of Homes And Apartments:
7,526,676

Florida Home Prices

Value Range
> $1,440,382 1.7
$1,080,330 - $1,440,382 1.3
$719,991 - $1,080,329 3.6
$576,052 - $719,990 3.9
$432,001 - $576,051 8.7
$288,001 - $432,000 18.0
$144,001 - $288,000 33.1
$72,001 - $144,000 19.5
$0 - $72,000 10.1

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
1.90% 7.80%
8
Last 12 Months:
2017 Q3 - 2018 Q3
9.17% 9.17%
9
Last 2 Years:
2016 Q3 - 2018 Q3
18.87% 9.03%
9
Last 5 Years:
2013 Q3 - 2018 Q3
56.02% 9.30%
10
Last 10 Years:
2008 Q3 - 2018 Q3
26.93% 2.41%
7
Since 2000:
2000 Q1 - 2018 Q3
129.29% 4.59%
9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,479 / 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