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 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:
$216,151

Number Of Homes And Apartments:
7,393,262

Florida Home Prices

Value Range
> $1,374,057 1.7
$1,030,544 - $1,374,057 1.3
$687,029 - $1,030,543 3.6
$549,593 - $687,028 3.9
$412,128 - $549,592 8.7
$274,866 - $412,127 18.0
$137,400 - $274,865 33.1
$68,727 - $137,399 19.5
$0 - $68,726 10.1

Florida Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
1.88% 7.73%
8
Last 12 Months:
2017 Q1 - 2018 Q1
8.85% 8.85%
9
Last 2 Years:
2016 Q1 - 2018 Q1
19.54% 9.34%
10
Last 5 Years:
2013 Q1 - 2018 Q1
57.88% 9.56%
10
Last 10 Years:
2008 Q1 - 2018 Q1
3.77% 0.37%
3
Since 2000:
2000 Q1 - 2018 Q1
118.99% 4.45%
9
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,405 / 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