Florida Housing Market

Cold Market

Housing market data and trends for Florida. Track median prices, inventory, days on market, and competition metrics for real estate investors.

Data period: March 2026

Median Sale Price

$417K

1.9% YoY

Days on Market

77 days

6.9% YoY

Active Inventory

162,555

12.5% YoY

Homes Sold

34,168

7.1% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Florida Market Summary

The Florida housing market is cooling down. As of March 2026, the median home sale price is $417K, up 1.9% year-over-year. Homes are spending a median of 77 days on the market, 6.9% longer than a year ago.

There are 162,555 homes for sale — 12.5% fewer than last year. With 4.8 months of supply, this is a balanced market. 46,861 new listings were added during this period, down 9.4% year-over-year.

Homes are selling for 96.4% of their list price on average, suggesting room for negotiation. 10.2% of homes sell above their asking price. 31.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

86

Contributing Factors

Months of Supply 4.8
Days on Market 77
Price Drops 31.4%
Sale-to-List Ratio 96.4%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 4.5%
Days on Market (National: 55) 40.0%
Inventory (National: 1,314,690) 87.6%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Florida Market Trends

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Detailed Market Metrics

Median List Price

$442K

Price per Sq Ft

$252

Sale-to-List Ratio

96.4%

Months of Supply

4.8

Sold Above List

10.2%

Price Drops

31.4%

New Listings

46,861

9.4% YoY

Pending Sales

43,229

Metro Areas in Florida

Tampa, FL metro area

$375K median

Cool Market

56 days

on market

Orlando, FL metro area

$410K median

Cool Market

59 days

on market

North Port, FL metro area

$425K median

Cold Market

67 days

on market

West Palm Beach, FL metro area

$515K median

Cold Market

86 days

on market

Jacksonville, FL metro area

$371K median

Cool Market

76 days

on market

Miami, FL metro area

$580K median

Cold Market

95 days

on market

Cape Coral, FL metro area

$360K median

Cold Market

78 days

on market

Fort Lauderdale, FL metro area

$457K median

Cold Market

92 days

on market

Deltona, FL metro area

$360K median

Cold Market

78 days

on market

Lakeland, FL metro area

$314K median

Cold Market

68 days

on market

Naples, FL metro area

$615K median

Cold Market

83 days

on market

Palm Bay, FL metro area

$350K median

Cold Market

76 days

on market

Port St. Lucie, FL metro area

$405K median

Cold Market

99 days

on market

Ocala, FL metro area

$278K median

Cold Market

84 days

on market

Pensacola, FL metro area

$330K median

Cold Market

80 days

on market

Crestview, FL metro area

$460K median

Cold Market

79 days

on market

Punta Gorda, FL metro area

$339K median

Cold Market

85 days

on market

Panama City, FL metro area

$365K median

Cold Market

84 days

on market

Tallahassee, FL metro area

$300K median

Cold Market

75 days

on market

Sebastian, FL metro area

$390K median

Cold Market

96 days

on market

Gainesville, FL metro area

$330K median

Cold Market

61 days

on market

Homosassa Springs, FL metro area

$285K median

Cold Market

104 days

on market

The Villages, FL metro area

$345K median

Cool Market

64 days

on market

Key West, FL metro area

$1.07M median

Cold Market

130 days

on market

Sebring, FL metro area

$273K median

Cold Market

96 days

on market

Palatka, FL metro area

$217K median

Cold Market

57 days

on market

Clewiston, FL metro area

$285K median

Cold Market

118 days

on market

Arcadia, FL metro area

$268K median

Cold Market

64 days

on market

Okeechobee, FL metro area

$325K median

Cold Market

106 days

on market

Lake City, FL metro area

$310K median

Cold Market

106 days

on market

Wauchula, FL metro area

$320K median

Cold Market

47 days

on market

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.