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The Narraitive

Florida housing market

FL8 covered citiesData through May 2026

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Key housing metrics

Typical home value

$378K

-3.3% YoY

Median rent (covered cities)

$2,111/mo

Covered cities

8

Typical home value (ZHVI)$K
Home valueSource: Zillow Research ZHVI, state level — smoothed, seasonally adjusted
Home value growth, year over year% YoY
Value YoYSource: The Narraitive on Zillow Research ZHVI

Covered markets in Florida

MarketHome valueValue YoYRentRent YoY
Miami$582K-1.2%$2,997+0.3%
Hialeah$444K-2%$2,359-0.7%
Port St. Lucie$385K-2.6%$2,404+1.9%
Tampa$379K-2.7%$1,985-1.3%
Orlando$376K-2.8%$1,901-0.2%
St. Petersburg$354K-4.8%$2,111-1.1%
Cape Coral$338K-6.8%$1,920-4%
Jacksonville$287K-2.2%$1,596+0.5%

Frequently asked questions

What is the typical home value in Florida?
The typical home value in Florida is $378K (-3.3% YoY) as of May 2026, per Zillow Research's state-level ZHVI (smoothed, seasonally adjusted, middle price tier). The two-year trend and growth rate are charted above and refresh monthly.
Is now a good time to buy a house in Florida?
The Narraitive does not provide real-estate, investment, or financial advice. Housing is local: statewide numbers hide city-level differences, so check the covered Florida city dashboards below against inventory, affordability, and rent-vs-buy math — and consult a licensed local professional for advice specific to your situation.

Methodology: state figures are Zillow Research’s state-level ZHVI (typical home value, middle price tier, smoothed and seasonally adjusted); city rows use the same city-level series documented on each city page. Data provided by Zillow (zillow.com/research/data), used with attribution; refreshed monthly. Never real-estate, investment, or financial advice. Corrections: hello@thenarraitive.com.