Florida Real Estate Market: Forecasts + Trends

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By Clever Real Estate Updated February 20, 2023

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Florida real estate trends

Real estate trends in Florida | Sellers | Buyers | Investors | The best and worst of Florida | Florida resources

In recent years, Florida has become a major destination for new residents who are ready for a retirement — or just a change of pace.

Beach-lovers enjoy Florida's nearly 700 miles of sandy shores, which provide the perfect setting for swimming, fishing, or just relaxing in the sun. The Sunshine State is also home to Walt Disney World, NASA's Kennedy Space Center, and the Everglades — not to mention the quirky Keys where Ernest Hemingway once made his home.

Whether you enjoy the great outdoors or Miami's bustling nightlife, Florida has no shortage of experiences to offer.

If you're thinking of buying or selling in Florida, these Florida housing predictions and stats can help you make an informed decision.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1.5% or $3K in listing fees. Eligible buyers get cash back after closing. Find out how much you can save with Clever today!

Selling a home in Florida

Florida real estate market forecast for sellers
⏰ Homes are selling 1 days faster than the annual average 💰 Homes are selling for $11,856 less than the annual average
💸 Average listing commission: 2.82% 💸 Average buyer's commission: 2.55%
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How to sell a home in Florida

Cost to sell a home in Florida

💰 Save thousands on realtor fees with Clever

List with the best agents in your area for just 1.5%. On average, Clever sellers save $7,000 on commission!

Our agent matching service is 100% free with zero obligation.

Buying a home in Florida

How much home you can buy with $300,000 in...
🏠 Miami: 781 sq ft 🏡 Orlando: 1,266 sq ft
🏡 Tampa: 1,181 sq ft 🏠 Jacksonville: 1,316 sq ft
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Investing in Florida real estate

Best of Florida

Each month, we compare locations in Florida based on different criteria. This month, we're looking at levels of happiness and ranking the best counties in the state.

Happiest Counties in Florida
1. Monroe County
2. Wakulla County
3. Miami-Dade County
4. St. Johns County
5. Broward County
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Ready to buy a home in Florida? Eligible buyers get cash back with Clever!

Worst of Florida

Each month, we compare locations in Florida based on a different criteria. This month we're looking at levels of happiness data. These are the counties that ranked the worst in the state.

Least Happy Counties in Florida
1. Hamilton County
2. Dixie County
3. Madison County
4. Putnam County
5. Holmes County
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Florida resources

👋 Next Steps: Talk to an expert

If you're weighing your options for buying or selling a house, Clever can help!

Our fully licensed concierge team can answer your questions and provide objective advice on getting the best outcome with your sale or purchase.

When you enter your info below, we'll ask you a few questions about your situation via a short form. Then our concierge team will be in touch shortly to help.

This service is free, and there’s never any obligation to move forward with us.

Frequently asked questions about Florida real estate

Is it a buyer's or seller's market in Florida?

It is currently a seller’s market in Florida, and high demand is causing properties to sell quickly and for more money. Although that is the general trend in the state, each city and town is different, so it’s still best to consult with a Florida real estate agent to understand the nuances in your local market.

Is Florida a good state to invest in real estate?

Investing in Florida real estate, especially in a big city like Jacksonville or Miami, can really pay off since there is always a demand for housing. However, such a decision requires proper preparation, like planning your finances and creating a property management plan. To learn more about what you need to do, read our guide to real estate investing.

Is it a good time to buy a house in Florida?

Now might not be the best time to buy a house in Florida, as listing prices are much higher than usual. However, mortgage rates are lower than in other states, so if you do find the right house for you, lock in that low rate while you can. To understand all your options, you should work with a top real estate agent in Florida.

Methodology

Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, Bankrate, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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