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 Q1 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:
$241,717

Number Of Homes And Apartments:
7,621,760

Florida Home Prices

Value Range
> $1,286,464 2.0
$964,900 - $1,286,464 1.6
$643,205 - $964,899 4.6
$514,617 - $643,204 5.1
$386,001 - $514,616 11.1
$257,220 - $386,000 21.2
$128,652 - $257,219 30.9
$64,296 - $128,651 14.9
$0 - $64,295 8.5

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q4 - 2020 Q1
1.56% 6.37%
10
Last 12 Months:
2019 Q1 - 2020 Q1
6.01% 6.01%
8
Last 2 Years:
2018 Q1 - 2020 Q1
13.32% 6.45%
9
Last 5 Years:
2015 Q1 - 2020 Q1
47.38% 8.07%
9
Last 10 Years:
2010 Q1 - 2020 Q1
65.39% 5.16%
9
Since 2000:
2000 Q1 - 2020 Q1
146.32% 4.61%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,573 / 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