In 2023, the median single-family home price in the state of Florida was 410,000 U.S. dollars, up from 145,000 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.

Graph and download economic data for Housing Inventory: Median Days on Market in Florida (MEDDAYONMARFL) from Jul 2016 to Feb 2025 about FL, median, and USA.

All-Transactions House Price Index for Florida was 831.43000 Index 1980 Q1=100 in October of 2024, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Florida reached a record high of 831.43000 in October of 2024 and a record low of 65.94000 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 March of 2025.

The U.S. housing market has slowed, after 13 consecutive years of rising home prices. In 2021, house prices surged by an unprecedented 18 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 4.2 percent. That was lower than the long-term average of 4.4 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 2.96 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 389,000 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.

Graph and download economic data for All-Transactions House Price Index for Orlando-Kissimmee-Sanford, FL (MSA) (ATNHPIUS36740Q) from Q2 1978 to Q4 2024 about Orlando, appraisers, FL, HPI, housing, price index, indexes, price, and USA.

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 29.14000 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 March of 2025.

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

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting 168 U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded 500,000 U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly 12 percent year-on-year, and in 2022, the increase was even higher, at close to 17 percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for All-Transactions House Price Index for Miami-Dade County, FL (ATNHPIUS12086A) from 1975 to 2024 about Miami-Dade County, FL; Miami; FL; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Cape Coral-Fort Myers, FL (MSA) (ATNHPIUS15980Q) from Q3 1981 to Q4 2024 about Cape Coral, appraisers, FL, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Median Days on Market Month-Over-Month in Naples-Immokalee-Marco Island, FL (CBSA) (MEDDAYONMARMM34940) from Jul 2017 to Feb 2025 about Naples, FL, median, and USA.

In the United States, Hawaii was the state with the most expensive housing, with the typical value of single-family homes in the 35th to 65th percentile range exceeding 981,000 U.S. dollars. Unsurprisingly, Hawaii also ranked top as the state with the highest cost of living. Meanwhile, a property was the least expensive in West Virginia, where it cost under 167,000 U.S. dollars to buy the typical single-family home. Single-family home prices increased across most states in the United States between December 2023 and December 2024, except in Louisiana, Florida, and the District of Colombia. According to the Federal Housing Association, house appreciation in 13 states exceeded nine percent in 2023.

Graph and download economic data for All-Transactions House Price Index for Sarasota County, FL (ATNHPIUS12115A) from 1975 to 2024 about Sarasota County, FL; North Port; FL; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for Housing Inventory: Median Days on Market in Citrus County, FL (MEDDAYONMAR12017) from Jul 2016 to Feb 2025 about Citrus County, FL; FL; median; and USA.

This dataset provides information about the number of properties, residents, and average property values for Market Road cross streets in Starke, FL.

This data layer provides a quarterly snapshot of the Florida Housing Finance Corporation rental portfolio.The following information is provided in this data layer:County name;Development name;Address;Target population;Status (Active, Leasing-up, Pipeline);Year built;Total units for each development;Construction type;Term of Land Use Restriction Agreement (LURA);Florida Housing funding program(s);Name of ownership entity;Name of management company;Unit restrictions by area median income (AMI);Number of affordable units for each development;Number of market rate units;Number of affordable units;Number of LINK units; andLatitude and Longitude coordinates of the development.

Graph and download economic data for Housing Inventory: Median Days on Market Year-Over-Year in Tampa-ST. Petersburg-Clearwater, FL (CBSA) (MEDDAYONMARYY45300) from Jul 2017 to Feb 2025 about Tampa, FL, median, and USA.

Graph and download economic data for Housing Inventory: Median Days on Market in North Port-Sarasota-Bradenton, FL (CBSA) (MEDDAYONMAR35840) from Jul 2016 to Feb 2025 about North Port, FL, median, and USA.

As Florida's home market cools, the median number of days between a home listing and the closing date has grown. In the first quarter of 2024, selling a condo or a townhouse took 87 days, compared to 50 days in the second quarter of 2023. The change in demand has also resulted in a declining value of condos and townhouses sold.

Graph and download economic data for Housing Inventory: Median Days on Market in Jacksonville, FL (CBSA) (MEDDAYONMAR27260) from Jul 2016 to Feb 2025 about Jacksonville, FL, median, and USA.