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Data report · September 2026

The state of the Florida housing market.

Median home value and city-by-city trends across Florida, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.

Florida median value

$344K

Zillow ZHVI, September 2026

Cities covered

107

with published pages

Report video

Monthly

per city, on each hub

The outlook

Florida housing market forecast 2027

-0.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 881 Florida ZIP codes, points to typical home values falling 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in Florida fell 1.1%, per the Zillow Home Value Index.

Will home prices drop in Florida?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Florida shows typical home values falling 0.5% by September 2027, after a 1.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 881 Florida ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

Metro areas

Which Florida metro areas does Zillow expect to rise or fall?

Zillow's 12-month home value forecast for each metro area whose principal city is in Florida, through September 2027, largest first.

  1. 1Miami, FL+0.7%
  2. 2Tampa, FL-1.7%
  3. 3Orlando, FL-0.8%
  4. 4Jacksonville, FL-0.5%
  5. 5North Port, FL-1.9%
  6. 6Cape Coral, FL-3.6%
  7. 7Lakeland, FL-1.2%
  8. 8Deltona, FL-0.7%
  9. 9Palm Bay, FL-0.7%
  10. 10Pensacola, FL+0.8%
  11. 11Port St. Lucie, FL-1.6%
  12. 12Tallahassee, FL+0.2%
  13. 13Naples, FL-1.6%
  14. 14Ocala, FL-2.3%
  15. 15Gainesville, FL-1.2%
  16. 16Crestview, FL+0.2%
  17. 17Punta Gorda, FL-1.8%
  18. 18Panama City, FL-0.3%
  19. 19Sebastian, FL-0.5%
  20. 20Homosassa Springs, FL-0.7%
  21. 21The Villages, FL-1.4%
  22. 22Sebring, FL-0.9%
  23. 23Key West, FL+0.9%
  24. 24Palatka, FL+1.0%
  25. 25Lake City, FL-0.1%
  26. 26Okeechobee, FL+1.0%
  27. 27Clewiston, FL+0.7%
  28. 28Arcadia, FL-0.1%
  29. 29Wauchula, FL+2.4%

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Where values are climbing

Fastest appreciating Florida cities

  1. 1Key Biscayne
    $1.72MUp7.7%
  2. 2Boca Raton
    $687KUp5.3%
  3. 3Palm Beach Gardens
    $661KUp4.5%
  4. 4Winter Park
    $606KUp4.3%
  5. 5Palm Beach
    $1.54MUp3.9%
  6. 6Miami Beach
    $693KUp3.4%
  7. 7Inlet Beach
    $1.43MUp3.2%
  8. 8Jupiter
    $702KUp3.0%
  9. 9West Palm Beach
    $430KUp2.2%
  10. 10Dunedin
    $413KUp2.2%

Where the market is cooling

Fastest cooling Florida cities

  1. 1Lehigh Acres
    $283KDown5.8%
  2. 2Fort Myers
    $299KDown4.3%
  3. 3Dundee
    $264KDown4.1%
  4. 4Punta Gorda
    $326KDown4.1%
  5. 5Venice
    $374KDown3.3%
  6. 6Cape Coral
    $331KDown3.2%
  7. 7Parrish
    $415KDown3.1%
  8. 8Homestead
    $445KDown3.0%
  9. 9Hallandale
    $280KDown2.9%
  10. 10Ocala
    $276KDown2.8%

Priciest markets in the state

Most expensive Florida cities by median value

  1. 1Key Biscayne
    $1.72M
  2. 2Palm Beach
    $1.54M
  3. 3Inlet Beach
    $1.43M
  4. 4Key West
    $957K
  5. 5Santa Rosa Beach
    $873K
  6. 6Marco Island
    $852K
  7. 7Jupiter
    $702K
  8. 8Miami Beach
    $693K
  9. 9Boca Raton
    $687K
  10. 10Odessa
    $663K

Common questions

What people ask us.

Will home prices go up in Florida in 2027?

A weighted average of Zillow's ZIP forecasts, across 881 Florida ZIP codes, points to typical home values falling 0.5% by September 2027. Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

What is the typical home value in Florida?

The typical home value in Florida is $344,436 as of September 2026, the median Zillow Home Value Index across ZIP codes in the state.

How much have Florida home values changed in the past year?

The median home value in Florida changed -1.1% over the 12 months ending September 2026, based on the Zillow Home Value Index.

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Florida, as of September 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Florida market index.