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 Q4 2019. 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:
$238,039

Number Of Homes And Apartments:
7,621,760

Florida Home Prices

Value Range
> $1,270,224 2.0
$952,712 - $1,270,224 1.6
$635,096 - $952,711 4.6
$508,070 - $635,095 5.1
$381,028 - $508,069 11.1
$254,001 - $381,027 21.2
$127,001 - $254,000 30.9
$63,514 - $127,000 14.9
$0 - $63,513 8.5

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q3 - 2019 Q4
0.97% 3.93%
6
Last 12 Months:
2018 Q4 - 2019 Q4
5.99% 5.99%
9
Last 2 Years:
2017 Q4 - 2019 Q4
13.79% 6.67%
9
Last 5 Years:
2014 Q4 - 2019 Q4
48.58% 8.24%
10
Last 10 Years:
2009 Q4 - 2019 Q4
59.82% 4.80%
9
Since 2000:
2000 Q1 - 2019 Q4
142.78% 4.59%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,548 / 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