Markets  ›  Florida

Florida housing market

In the Sunshine State, part of the Census Bureau's South Atlantic division, Pecan Street tracks 22 markets. Median sale prices run from $257K in Sebring to $650K in Miami / Fort Lauderdale (city figure) over Jul–Sep 2026. 13 of 22 are higher than a year earlier, eight are lower and one is unchanged; Miami / Fort Lauderdale (city figure) leads at +4.8% and Sebring trails at -3.2%.

Homes sit longest in Panama City (101 median days on market) and sell fastest in Tallahassee (60 days). The share of active listings with a price cut runs from 18% in Naples to 44% in Jacksonville. Price-to-rent ratios run from about 12 in Lakeland to 19 in Naples, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Naples metro has the 2nd-most median days on market and the Miami / Fort Lauderdale metro the 14th-lowest share of listings with a price cut. Florida's unemployment rate was 4.4% in Sep 2026 (BLS via FRED), above the national rate of 4.2%.

Markets at a glance

MarketMedian sale priceYoYDays on marketPrice-cut sharePrice-to-rent
Crestview$454K+1.3%9827%≈ 14
Daytona Beach$352K+2.2%7835%≈ 13
Fort Myers / Cape Coral$356K-0.4%9129%≈ 13
Gainesville$321K+0.4%8234%≈ 15
Homosassa Springs$277K-1.4%8733%≈ 14
Jacksonville$372K+0.7%6644%≈ 15
Lakeland$314K-0.8%8038%≈ 12
Melbourne / Palm Bay$363K+2.0%6840%≈ 13
Miami / Fort Lauderdale$650K
city only
+4.8%8522%≈ 17
Naples$604K+0.3%10118%≈ 19
Ocala$280K-0.7%7734%≈ 13
Orlando$407K-0.4%7736%≈ 14
Panama City$356K-1.5%10129%≈ 14
Pensacola$331K-0.0%7233%≈ 14
Port St. Lucie$406K+1.1%8031%≈ 12
Punta Gorda$328K+1.7%8729%≈ 13
Sarasota / Bradenton$426K+2.8%8830%≈ 13
Sebastian$374K+0.7%8724%≈ 17
Sebring$257K-3.2%8029%≈ 14
Tallahassee$312K+1.1%6026%≈ 15
Tampa / St. Petersburg$378K+1.2%7643%≈ 13
Wildwood$341K-1.7%6036%≈ 18

Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide. “City only” marks a metro whose median is its principal city's while a county is missing from the closed-sale source.

Recent signals

Strength 4 / 5

6.4 mo

Fort Myers supply now 6.4 months — buyer's market

Six-plus months of supply in Fort Myers — this is a buyer's market by the textbook definition.

Source: Redfin, city figures, Jul–Sep 2026

Strength 4 / 5

6.3 mo

Bradenton supply now 6.3 months — buyer's market

Six-plus months of supply in Bradenton — this is a buyer's market by the textbook definition.

Source: Redfin, city figures, Jul–Sep 2026

Strength 4 / 5

7.4 mo

Doral supply now 7.4 months — buyer's market

Six-plus months of supply in Doral — this is a buyer's market by the textbook definition.

Source: Redfin, city figures, Jul–Sep 2026

Strength 4 / 5

$1.10M

Naples median price -15.1% YoY

Price-per-sqft also -21.3% YoY, on about 73 closed sales a month.

Source: Redfin, city figures, Jul–Sep 2026