Across 30 measured ZIP markets in Florida, the median ZIP home value is $606,807 and the median ZIP rent is $2,761. 26.7% of measured ZIP markets show softer conditions. 26.7% of measured ZIP markets show rising price-cut pressure.
Key stats
- 26.7% of measured ZIP markets show softer conditions.
- 26.7% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is -7.0% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved -1.2% on inventory and 0.0% on buyer competition.
- The middle ZIP rent is +13.5% versus the tracked-market benchmark.
- Measured ZIP markets
- 30
- Median ZIP home value
- $606,807
- Median ZIP rent
- $2,761
- Median buyer competition
- 42
Price and rent across local markets
The middle ZIP home value is -7.0% versus the tracked-market benchmark. The middle ZIP rent is +13.5% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $518,542 to $688,327. The middle half of tracked ZIP rents runs from $2,406 to $3,262. Buyer competition across local ZIP markets runs from 38 at the 25th percentile to 45 at the 75th.
How broadly conditions are changing
26.7% of measured ZIP markets show softer conditions. 26.7% of measured ZIP markets show rising price-cut pressure. 0.0% of measured ZIP markets show a recent inventory spike. Month over month, the median ZIP market moved -1.2% on inventory and 0.0% on buyer competition. 10.0% of measured ZIP markets show accelerating new-listing supply. 6.7% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is -4.4% versus the tracked-market benchmark.
Continue your market research
- Miami-Dade County County marketContinue from the regional view to a more specific local market.
Sources and method
- HomeMarketCap.com data sources: local housing-market datasets
- HomeMarketCap.com methodology: regional aggregation rules