Florida Home Values & Market Trends
There have been 420,235 properties sold in the Florida real estate market trends. Median home values in the Florida housing market are $393,676.33. The median residential home value for transactions over the last 12 months is 345,909.37. The State of Florida currently has 9,973 properties in foreclosure, 728 bank owned properties, and 2,872 headed for auction.
Florida Real Estate Market Overview
County | Median Est. Value | County | Median Est. Value |
---|---|---|---|
Lee | $ 465,156 $ 273/sqft | Santa Rosa | $ 410,029 $ 206/sqft |
Palm Beach | $ 477,392 $ 305/sqft | Alachua | $ 356,708 $ 204/sqft |
Broward | $ 406,883 $ 305/sqft | Sumter | $ 384,520 $ 249/sqft |
Pinellas | $ 444,331 $ 313/sqft | Nassau | $ 529,950 $ 252/sqft |
Miami-dade | $ 561,599 $ 425/sqft | Highlands | $ 275,597 $ 169/sqft |
Volusia | $ 376,004 $ 235/sqft | Putnam | $ 299,500 $ 187/sqft |
Collier | $ 844,652 $ 484/sqft | Levy | $ 312,563 $ 194/sqft |
Hillsborough | $ 409,176 $ 230/sqft | Gulf | $ 548,864 $ 224/sqft |
Sarasota | $ 489,405 $ 292/sqft | Wakulla | $ 318,890 $ 196/sqft |
Duval | $ 267,046 $ 177/sqft | Franklin | $ 794,500 $ 349/sqft |
Charlotte | $ 401,339 $ 241/sqft | Columbia | $ 299,441 $ 162/sqft |
Polk | $ 325,172 $ 190/sqft | Jackson | $ 217,659 $ 128/sqft |
Orange | $ 425,000 $ 241/sqft | Gadsden | $ 249,900 $ 132/sqft |
Pasco | $ 338,611 $ 215/sqft | Suwannee | $ 329,900 $ 176/sqft |
Manatee | $ 537,669 $ 293/sqft | Hendry | $ 340,639 $ 225/sqft |
Brevard | $ 345,102 $ 212/sqft | Desoto | $ 327,686 $ 218/sqft |
Marion | $ 299,900 $ 180/sqft | Dixie | $ 158,950 $ 84/sqft |
St. Johns | $ 576,450 $ 286/sqft | Bradford | $ 249,650 $ 144/sqft |
Citrus | $ 317,074 $ 189/sqft | Taylor | $ 224,644 $ 106/sqft |
St. Lucie | $ 424,900 $ 239/sqft | Gilchrist | $ 289,940 $ 173/sqft |
Escambia | $ 325,000 $ 182/sqft | Washington | $ 272,564 $ 145/sqft |
Osceola | $ 416,544 $ 221/sqft | Baker | $ 407,000 $ 189/sqft |
Lake | $ 384,000 $ 207/sqft | Jefferson | $ 234,024 $ 153/sqft |
Bay | $ 385,000 $ 268/sqft | Madison | $ 169,900 $ 118/sqft |
Monroe | $ 1,324,813 $ 899/sqft | Hamilton | $ 212,428 $ 125/sqft |
Indian River | $ 444,631 $ 254/sqft | Okeechobee | $ 397,158 $ 181/sqft |
Hernando | $ 339,900 $ 193/sqft | Holmes | $ 267,213 $ 140/sqft |
Leon | $ 295,000 $ 189/sqft | Glades | $ 359,167 $ 231/sqft |
Seminole | $ 395,278 $ 232/sqft | Calhoun | $ 232,000 $ 148/sqft |
Okaloosa | $ 379,950 $ 239/sqft | Union | $ 292,000 $ 150/sqft |
Flagler | $ 435,204 $ 227/sqft | Hardee | $ 222,614 $ 207/sqft |
Clay | $ 351,365 $ 190/sqft | Lafayette | $ 456,293 $ 218/sqft |
Walton | $ 968,124 $ 568/sqft | Liberty | $ 109,581 $ 77/sqft |
Martin | $ 489,000 $ 286/sqft |
Housing Market Summary for Florida
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $419.1K | $386.4K | -7.81% |
Median Sold Price | $381.4K | $386.4K | 1.29% |
Homes For Sale | 49,557 | 71,089 | 43.45% |
Homes Sold | 257,819 | 249,367 | -3.28% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Florida
Browse Homes in Florida
There are currently 71,290 properties for sale in Florida. The current home value ranges in price from 20 to 349,000,000. The total count of properties in the state is 7,919,720, and the percentage of properties for sale is 71290.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Florida with Broward containing 858 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 67 counties within Florida; of those counties, the estimated home value for pre-foreclosure homes ranges from $5,312,224 in Franklin to the lowest home value of $21,906 in Broward.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Florida ranges from the highest value of $1,680,301 in Walton to the lowest value of $36,296 in Duval. Bank owned homes and properties account for 0.01% of properties in Florida. There are 67 counties within Florida; Broward containing 93 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsMiami-dade has 451 auction properties, the highest number of properties going to auction in a single county in the state of Florida. Auction homes and other auction properties account for 0.04% of all properties in Florida. There are 67 counties within Florida; of those counties, the median estimated home value for homes going to auction ranges from $9,402,028 in Franklin to the lowest value of $25,000 in Franklin.
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More Real Estate Resources for Florida
Guide for Florida
This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.
Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.
A few quick tips to prepare you for selling a luxury home at auction
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