Florida home values

Florida
United States · State report
Typical value $410K · 33 cities · Values through Aug 2026

Florida at a glance

  • Zillow’s Home Value Index puts the typical home at $410,200 (Aug 2026), −1.2% over the past 12 months and +22% over five years.
  • Across the 33 cities covered here, the Census median home value is about $357,600 — 5% above the U.S. median.
  • Median household income averages $75,700 and median rent $1,666/month.
  • City values range from $233K in Lakeland to $567K in Coral Springs.
Value trend

Florida home value trend

$410K
Typical value (Aug 2026)
−1.2%
1-year change
+22%
5-year change
+92%
10-year change
Florida typical home value, Aug 2016 to Aug 2026$210K$280K$350K$420K20182020202220242026

Over the 12 months to Aug 2026, typical home values in Florida fell 1.2%, to about $410,200. Values are 6.4% below their peak of $438,100 in Aug 2024. Over five years the typical home gained $72,600 in value (+22%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$410,200−1.2%
Aug 2025$415,200−5.2%
Aug 2024$438,100+2.2%
Aug 2023$428,500+1.1%
Aug 2022$423,700+25.5%
Aug 2021$337,600+19.7%
Aug 2020$282,100+5.8%
Aug 2019$266,600+5.0%
Aug 2018$254,000+8.4%
Aug 2017$234,300+9.7%
Aug 2016$213,700—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted, shown yearly. Areas with several ZIPs: population-weighted.

Cities

Florida cities compared

NameHome value1-yrIncomeRentPrice / income
Boca Raton$552K+5.5%$92K$2,2196.0×
Brandon$322K−1.2%$86K$1,7213.8×
Cape Coral$347K−3.6%$78K$1,8134.4×
Clearwater$310K−1.0%$65K$1,5464.8×
Coral Springs$567K−2.2%$114K$2,3075.0×
Davie$425K−1.6%$96K$2,0854.5×
Deltona$257K−0.6%$74K$1,5693.5×
Fort Lauderdale$533K−0.7%$87K$1,7966.1×
Fort Myers$274K−6.7%$60K$1,4814.6×
Gainesville$292K−1.2%$53K$1,2165.5×
Hialeah$355K−0.1%$53K$1,5296.8×
Hollywood$369K−1.8%$70K$1,6565.3×
Jacksonville$296K−0.7%$75K$1,4714.0×
Lakeland$233K−1.6%$71K$1,3353.3×
Lehigh Acres$256K−5.7%$64K$1,5324.0×
Miami$528K+2.2%$70K$1,7627.5×
Miami Gardens$314K−1.2%$58K$1,5885.5×
Miramar$398K−2.2%$83K$1,8814.8×
North Port$289K−3.9%$72K$1,7424.0×
Orlando$335K−1.7%$72K$1,6134.6×
Palm Bay$268K−1.9%$74K$1,6253.6×
Palm Coast$333K−0.7%$75K$1,7554.4×
Pembroke Pines$403K−2.1%$85K$1,9024.8×
Plantation$393K−2.8%$89K$2,0674.4×
Pompano Beach$301K−2.2%$62K$1,6084.8×
Port St. Lucie$334K−1.3%$80K$1,8244.2×
Riverview$331K−2.8%$95K$1,9663.5×
Spring Hill$252K−2.2%$67K$1,3623.8×
St. Petersburg$342K−1.3%$74K$1,5134.6×
Sunrise$341K−4.1%$80K$2,1294.2×
Tallahassee$242K+1.2%$68K$1,2693.6×
Tampa$451K−0.9%$89K$1,6295.1×
West Palm Beach$425K+2.6%$87K$1,8004.9×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Comparison

Florida vs the U.S.

FloridaU.S.
Typical value (Zillow, Aug 2026)$410,200—
1-year change−1.2%—
5-year change+22%—
Median home value (Census)$357,600$340,200
Median household income$75,700$78,500
Median gross rent$1,666/mo$1,406/mo
Price-to-income ratio4.7×4.3×
Gross rental yield5.6%5.0%
Rent as share of income26%21%
Mortgage payment*$1,808/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in Florida

$410K
Typical price
$82K
Down payment (20%)
$2,074
Monthly P&I
$1,666
Median rent

At today’s typical value of $410,200 (Zillow, Aug 2026), a buyer putting 20% down ($82,040) and financing the rest at 6.5% over 30 years would pay about $2,074 a month in principal and interest — 33% of the median household income here. That is above the common 28% guideline but under 36%, so budgets are stretched but workable for a median earner. The median rent is $1,666/month, so owning costs roughly 25% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Common questions

Florida real estate FAQ

Are home prices going up in Florida?

Down — the Zillow Home Value Index for Florida fell 1.2% in the 12 months to Aug 2026, to about $410,200. Over five years values are +22%.

What is the typical home value in Florida?

The median owner-occupied home in Florida is valued at about $357,600 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — 5% above the U.S. median. Zillow’s more current index puts the typical home at about $410,200.

Is Florida affordable?

Homes cost about 4.7× the median household income of $75,700, which is moderately priced. At today’s typical value of about $410,200, principal and interest would take about 33% of that income.

How much is rent in Florida?

Median gross rent (rent plus utilities) is about $1,666 a month, 18% above the U.S. median, or 26% of the median household income.

Is Florida good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 5.6%. That is average; returns depend on the purchase price and costs.

What is the most affordable city in Florida?

Of the cities covered here, Lakeland has the lowest median home value, about $233,200.

What is the most expensive city in Florida?

Coral Springs, with a median home value of about $566,500.

Where are home prices rising fastest in Florida?

Boca Raton (+5.5% over 12 months, Zillow ZHVI).
Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.