Home Values

Florida Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$167,500

  • 10.6% 1-year change
  • 2.3% 1-year forecast

The median home value in Florida is $167,500. Florida home values have gone up 10.6% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Florida is $121. The median price of homes currently listed in Florida is $214,999 while the median price of homes that sold is $179,985. The median rent price in Florida is $1,400.

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 11.9%, which is higher than the national value of 6.4%. 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 21.6%.

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Relative ZHVI
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Florida Market Overview

Data through Nov 30, 2014
  • $167,500 ZHVI
  • 2.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $214,999 Median listing price
  • $179,985 Median sale price
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Florida Market Health

Data through Nov 30, 2014
  • 1.7/10 Less healthy
    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.
  • 105 Average days on Zillow (Oct 31, 2014)
  • 21.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 11.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Cities in Florida

Name Median ZHVI
Miami $274,100
Fort Myers $167,100
Hialeah $161,900
Name Median ZHVI
Tallahassee $153,100
Orlando $138,300
Tampa $137,900
Name Median ZHVI
Saint Petersburg $133,400
Jacksonville $123,700
Pensacola $110,800

Listings & Sales

Data through Nov 30, 2014
  • $121 Median list price / sq ft
  • $113 Median sale price / sq ft
  • No data Listings with price cut
25.9%
Sold below listing
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Florida Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,420 Florida
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,400 Rent list price
  • $1.11 Rent list price / sq ft
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