Graph and download economic data for All-Transactions House Price Index for Florida (FLSTHPI) from Q1 1975 to Q1 2025 about appraisers, FL, HPI, housing, price index, indexes, price, and USA.

In 2023, the median single-family home price in the state of Florida was ******* U.S. dollars, up from ******* U.S. dollars in 2012. Despite this consistent growth in home prices, the volume of single-family homes sold in the state stagnated between 2015 and 2018.

All-Transactions House Price Index for Florida was 820.29000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Florida reached a record high of 830.88000 in October of 2024 and a record low of 66.05000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Florida - last updated from the United States Federal Reserve on August of 2025.

Graph and download economic data for Housing Inventory: Median Days on Market Month-Over-Month in Miami-Fort Lauderdale-West Palm Beach, FL (CBSA) (MEDDAYONMARMM33100) from Jul 2017 to Jul 2025 about Miami, FL, median, and USA.

In 2024, a two-bedroom apartment in Miami-Miami Beach-Kendall HMFA had a fair market rent of about 2,324 U.S. dollars monthly, making it the most expensive metropolitan area in Florida. This also happens to be the metropolitan area with the highest hourly wage required to afford a two bedroom apartment in the Florida. On the other hand, the Levy County HMFA metro was the most affordable, requiring renters to spend at least 905 U.S. dollars respectively in monthly rent for a two bedroom apartment.

The fair market monthly rent in Florida for a two-bedroom apartment was 1,591 U.S. dollars in 2024. Only renters who earn the area median income (AMI) can afford this housing in Florida. Rent affordable to renters with full-time jobs at mean renter wage or 30 percent area median income was lower than the fair market rent of a two-bedroom apartment and one-bedroom apartment in Florida, making housing in this state not affordable for them. The rent in Florida ranks tenth among all other states in the United States for a two bedroom apartment.

Graph and download economic data for All-Transactions House Price Index for Orlando-Kissimmee-Sanford, FL (MSA) (ATNHPIUS36740Q) from Q2 1978 to Q1 2025 about Orlando, appraisers, FL, HPI, housing, price index, indexes, price, and USA.

In 2024, households in the Miami-Miami Beach-Kendall HMFA metro needed an hourly wage of 44.69 U.S. dollars to afford the rent of a two-bedroom apartment. West Palm Beach-Boca Raton HMFA had the second most expensive two-bedroom apartments as a household would have to earn at least 42.81 U.S. dollars in order to afford rent payments.On the other hand, Levy County HMFA was the most affordable metro, requiring renters to earn less than 18 U.S. dollars in hourly wages to afford monthly rent.

The US residential real estate market, a cornerstone of the American economy, is projected to experience steady growth over the next decade. While the provided CAGR of 2.04% is a modest figure, it reflects a market maturing after a period of significant expansion. This sustained growth is driven by several key factors. Firstly, population growth and urbanization continue to fuel demand for housing, particularly in densely populated areas and emerging suburban markets. Secondly, low interest rates (historically, though this can fluctuate) have made mortgages more accessible, stimulating buyer activity. Thirdly, a robust construction sector, though facing challenges in material costs and labor shortages, is gradually increasing the housing supply, mitigating some of the upward pressure on prices. However, challenges remain. Rising inflation and potential interest rate hikes pose a risk to affordability, potentially dampening demand. Furthermore, the ongoing evolution of remote work is reshaping residential preferences, with a shift toward larger homes in suburban or exurban locations. This trend impacts the relative demand for various property types, potentially increasing the appeal of landed houses and villas compared to apartments and condominiums in certain regions. The segmentation of the market into apartments/condominiums and landed houses/villas provides crucial insights into consumer preferences and investment strategies. High-density urban areas will continue to see strong demand for apartments and condos, while suburban and rural areas are likely to experience a greater increase in landed property sales. Major players like Simon Property Group, Mill Creek Residential, and others are strategically adapting to these trends, focusing on both development and management across various property types and geographic locations. Analyzing regional data within the US (e.g., comparing growth in the Northeast versus the Southwest) will highlight market nuances and potential investment opportunities. While the global data provided is valuable for understanding broader market forces, focusing the analysis on the US market allows for a more granular understanding of the specific drivers, trends, and challenges within this significant segment of the real estate sector. The forecast period (2025-2033) suggests continued, albeit measured, expansion. Recent developments include: May 2022: Resource REIT Inc. completed the sale of all of its outstanding shares of common stock to Blackstone Real Estate Income Trust Inc. for USD 14.75 per share in an all-cash deal valued at USD 3.7 billion, including the assumption of the REIT's debt., February 2022: The largest owner of commercial real estate in the world and private equity company Blackstone is growing its portfolio of residential rentals and commercial properties in the United States. The company revealed that it would shell out about USD 6 billion to buy Preferred Apartment Communities, an Atlanta-based real estate investment trust that owns 44 multifamily communities and roughly 12,000 homes in the Southeast, mostly in Atlanta, Nashville, Charlotte, North Carolina, and the Florida cities of Jacksonville, Orlando, and Tampa.. Key drivers for this market are: Investment Plan Towards Urban Rail Development. Potential restraints include: Italy’s Fragmented Approach to Tenders. Notable trends are: Existing Home Sales Witnessing Strong Growth.

Graph and download economic data for All-Transactions House Price Index for Miami-Miami Beach-Kendall, FL (MSAD) (ATNHPIUS33124Q) from Q4 1975 to Q1 2025 about Miami, appraisers, FL, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Active Listing Count in Florida (ACTLISCOUFL) from Jul 2016 to Jul 2025 about active listing, FL, listing, and USA.

The median sales price of single-family houses sold in Broward, Miami-Dade & Palm Beach Counties increased substantially in recent years. In 2023, the median sales price of single-family homes reached almost ******* U.S. dollars, up from nearly ******* U.S. dollars in the previous year. A similar trend could be observed in the state of Florida.

All-Transactions House Price Index for Miami-Dade County, FL was 474.83000 Index 2000=100 in January of 2024, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Miami-Dade County, FL reached a record high of 474.83000 in January of 2024 and a record low of 29.10000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Miami-Dade County, FL - last updated from the United States Federal Reserve on August of 2025.

The U.S. housing market has slowed, after ** consecutive years of rising home prices. In 2021, house prices surged by an unprecedented ** percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by *** percent. That was lower than the long-term average of *** percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of **** percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over ******* U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

The median sales price of single-family houses sold in Lake, Orange, Osceola and Seminole counties, Florida increased substantially in recent years. In 2023, the median sales price of single-family homes reached ******* U.S. dollars, up from ******* U.S. dollars in the previous year. A similar trend could be observed in the state of Florida.

In April 2024, the typical value of a single-family home in the 40th to 60th percentile in Florida ranged between *** million U.S. dollars and ******* U.S. dollars. Key West, Naples, and Miami ranked in the top three most expensive markets. Sebring, Wauchula, and Palatka were on the other end of the scale with the most affordable homes.

Tampa-St. Petersburg-Clearwater, FL - Home Price Index (High Tier) for Tampa, Florida was 346.53143 Index Jan 2000 = 100 in February of 2025, according to the United States Federal Reserve. Historically, Tampa-St. Petersburg-Clearwater, FL - Home Price Index (High Tier) for Tampa, Florida reached a record high of 362.31816 in July of 2024 and a record low of 81.88144 in January of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for Tampa-St. Petersburg-Clearwater, FL - Home Price Index (High Tier) for Tampa, Florida - last updated from the United States Federal Reserve on August of 2025.

Housing Inventory: Median Days on Market in Florida was 73.00000 Level in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market in Florida reached a record high of 88.00000 in June of 2020 and a record low of 31.00000 in May of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market in Florida - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price in Florida (MEDLISPRIFL) from Jul 2016 to Jul 2025 about FL, listing, median, price, and USA.

As the Florida's single-family home market cools, the median number of days between a home listing and closing date has lengthened. In the first quarter of 2024, selling a single-family home took ** days. That was more than a month longer than in the second quarter of 2022. With demand weakening, so has the dollar value of single family homes sales.