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

$169,700

  • 8.9% 1-year change
  • 2.1% 1-year forecast

The median home value in Florida is $169,700. Florida home values have gone up 8.9% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Florida is $126. The median price of homes currently listed in Florida is $224,900 while the median price of homes that sold is $178,400. 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 11.1%, which is higher than the national value of 6.3%. 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 20.8%.

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Relative ZHVI
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Florida Market Overview

Data through Feb 28, 2015
  • $169,700 ZHVI
  • 2.1% 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
    (Feb 29, 2016)
  • $224,900 Median listing price
  • $178,400 Median sale price
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Florida Market Health

Data through Feb 28, 2015
  • 1.9/10 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.
  • No data Average days on Zillow
  • 20.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 11.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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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 Feb 28, 2015
  • $126 Median list price / sq ft
  • $114 Median sale price / sq ft
  • 14.7% Listings with price cut
26.0%
Sold below listing
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Florida Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,436 Florida
    $1,355 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
  • $1.12 Rent list price / sq ft
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