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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (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:
$255,695

Number Of Homes And Apartments:
7,736,311

Florida Home Prices

> $1,254,000
2.2%
2.2%
$940,730 - $1,254,000
1.8%
1.8%
$627,117 - $940,729
5.2%
5.2%
$501,647 - $627,116
5.8%
5.8%
$376,174 - $501,646
12.5%
12.5%
$250,850 - $376,173
23.1%
23.1%
$125,416 - $250,849
29.5%
29.5%
$62,723 - $125,415
12.6%
12.6%
$0 - $62,722
7.4%
7.4%
0.0% 100.0%
% OF HOMES

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
2.34% 9.71%
8
Last 12 Months:
2019 Q4 - 2020 Q4
7.07% 7.07%
8
Last 2 Years:
2018 Q4 - 2020 Q4
13.62% 6.59%
9
Last 5 Years:
2015 Q4 - 2020 Q4
43.12% 7.43%
9
Last 10 Years:
2010 Q4 - 2020 Q4
78.20% 5.95%
10
Since 2000:
2000 Q1 - 2020 Q4
156.61% 4.65%
9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,616 / per month

Homeownership Rate

Owners
64.0%
64.0%
Renters
36.0%
36.0%
Vacant
18.1%
18.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
25.0%
25.0%
1970 - 1999
54.9%
54.9%
1940 - 1969
18.0%
18.0%
1939 or Older
2.1%
2.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
54.3%
54.3%
Townhomes
6.2%
6.2%
Small Apt. Buildings
6.0%
6.0%
Apt. Complexes
24.4%
24.4%
Mobile Homes
8.9%
8.9%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.1%
2.1%
1 Bedroom
10.0%
10.0%
2 Bedrooms
33.0%
33.0%
3 Bedrooms
38.5%
38.5%
4 Bedrooms
13.7%
13.7%
5 or more bedrooms
2.7%
2.7%
0.0% 100.0%
% OF HOMES