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

$171,800

  • 6.8% 1-year change
  • 1.8% 1-year forecast

The median home value in Florida is $171,800. Florida home values have gone up 6.8% over the past year and Zillow predicts they will rise 1.8% within the next year. The median rent price in Florida is $1,500.

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 10.0%, which is higher than the national value of 6.0%. 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 18.9%.

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Relative ZHVI
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Florida Market Overview

Data through May 31, 2015
  • $171,800 ZHVI
  • 1.8% 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
    (May 31, 2016)
  • No data Median listing price
  • $190,770 Median sale price
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Florida Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No recent data Average days on Zillow
  • 18.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 10.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Cities in Florida

Name Median ZHVI
Miami $271,200
Fort Myers $150,100
Tallahassee $149,700
Name Median ZHVI
Hialeah $146,300
Tampa $131,100
Orlando $129,000
Name Median ZHVI
Saint Petersburg $127,400
Jacksonville $117,100
Pensacola $105,700

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $120 Median sale price / sq ft
  • No data Listings with price cut
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Florida Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,449 Florida
    $1,367 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
  • $1,500 Rent list price
  • $1.15 Rent list price / sq ft
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