Florida Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Florida?
The Florida housing market is showing balanced conditions.
home values have declined 4.9% over the past year, which means more negotiating power for buyers. there are currently 4,016 homes on the market.
Median Home Value
$370,112
Zillow Home Value Index
Year-over-Year
-4.9%
Home value change
5-Year Change
+36.6%
Since 2021
Median Rent
$1,870/mo
Zillow Observed Rent Index
Active Listings
4,016
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Florida vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Florida: $1,870/mo (-0.2% YoY)
Rent vs. Buy Analysis
With a median home value of $370,112 and average rent of $1,870/mo, the price-to-rent ratio in Florida is 16.5. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in Florida
Explore housing data for 12 metro areas in Florida. Click any market for detailed trends and analysis.
Key West, FL
$933,558
Avg rent: $3,513/mo
Naples, FL
$551,180
Avg rent: $2,654/mo
Miami, FL
$466,841
Avg rent: $2,645/mo
Crestview, FL
$427,868
Avg rent: $1,917/mo
North Port, FL
$399,920
Avg rent: $2,081/mo
The Villages, FL
$386,919
Avg rent: $1,658/mo
Orlando, FL
$380,501
Avg rent: $1,917/mo
Port St. Lucie, FL
$375,395
Avg rent: $2,329/mo
Sebastian, FL
$357,771
Avg rent: $2,133/mo
Tampa, FL
$351,847
Avg rent: $1,986/mo
Jacksonville, FL
$343,577
Avg rent: $925/mo
Cape Coral, FL
$336,669
Avg rent: $1,833/mo
Continue Learning About Florida
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.