Florida Home Prices & Values

$161,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 11.1% 1-year change
  • 3.4% 1-year forecast

The median home value in Florida is $161,600. Florida home values have gone up 11.1% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in Florida is $120. The median price of homes currently listed in Florida is $210,000 while the median price of homes that sold is $183,150. The median rent price in Florida is $1,465.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Florida is 13.1%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Florida homeowners underwater on their mortgage is 23.5%.

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Relative ZHVI
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Florida Market Overview

Data through Jul 31, 2014
  • $161,600 ZHVI
  • 3.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $210,000 Median listing price
  • $183,150 Median sale price
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Florida Market Health

Data through Jul 31, 2014
  • 4.5/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 119 Average days on Zillow (Jun 30, 2014)
  • 23.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 13.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Cities in Florida

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Miami $272,400 Fort Myers $157,500 Hialeah $156,000
Tallahassee $153,000 Tampa $133,000 Orlando $131,500
Saint Petersburg $128,500 Jacksonville $119,500 Pensacola $106,600

Listings & Sales

Data through Jul 31, 2014
  • $120 Median list price / sq ft
  • $114 Median sale price / sq ft
  • 32.1% Listings with price cut
27.0%
Sold below listing
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Florida Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,407 Florida
$1,318 United States
  • No data Breakeven horizon
  • $1,465 Rent list price
  • $1.12 Rent list price / sq ft
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