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Home appreciation in Florida
Florida's FHFA HPI® all-transactions index changed +1.4% over the year to Q2 2026, versus +3.0% nationally, ranking 46th of 51 states and D.C. Below, compare its 25 3-digit ZIP regions and 25 metro areas.
- 1-year change
- +1.4%
- 5-year change
- +46.0%
- Since Q1 1995
- +401%
- State rank (1 year)
- 46th
U.S. +3.0%
17th of 51
U.S. +292%
of 51 states and D.C.
Florida vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Florida: 500.7
- United States: 391.6
Florida appreciation by time window
| Window | FL | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +1.4% | +3.0% | −1.6 pts |
| 3 years | +6.6% | +12.9% | −6.2 pts |
| 5 years | +46.0% | +41.3% | +4.7 pts |
| 10 years | +120% | +93.3% | +26.7 pts |
| Since Q1 1995 | +401% | +292% | +109.1 pts |
3-digit ZIP regions in Florida
Fastest-appreciating ZIP codes in Florida →Sorted by one-year change. 5 of 25 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 324 · Panama City, FL area | +5.7% | +46.4% | +115% | +348% |
| 2 | 323 · Tallahassee, FL area | +5.0% | +42.3% | +95.2% | +251% |
| 3 | 338 · Lakeland, FL area | +3.9% | +46.3% | +132% | +330% |
| 4 | 344 · Ocala, FL area | +3.8% | +51.8% | +142% | +313% |
| 5 | 334 · West Palm Beach, FL area | +3.6% | +59.1% | +134% | +486% |
| 6 | 320 · St. Augustine, FL area | +2.9% | +48.3% | +120% | +380% |
| 7 | 328 · Orlando, FL area | +2.3% | +46.1% | +122% | +369% |
| 8 | 327 · Deltona, FL area | +2.1% | +43.1% | +127% | +359% |
| 9 | 330 · Hialeah, FL area | +2.0% | +56.9% | +131% | +483% |
| 10 | 341 · Bonita Springs, FL area | +1.9% | +48.6% | +108% | +451% |
| 11 | 331 · Miami, FL area | +1.8% | +67.4% | +138% | +567% |
| 12 | 325 · Pensacola, FL area | +1.7% | +40.8% | +118% | +324% |
| 13 | 326 · Gainesville, FL area | +1.6% | +44.0% | +113% | +312% |
| 14 | 329 · Palm Bay, FL area | +1.4% | +41.3% | +120% | +357% |
| 15 | 336 · Tampa, FL area | +0.6% | +47.9% | +136% | +508% |
| 16 | 346 · Dunedin, FL area | +0.5% | +45.6% | +144% | +391% |
| 17 | 347 · Kissimmee, FL area | +0.4% | +47.8% | +129% | +334% |
| 18 | 337 · St. Petersburg, FL area | +0.3% | +44.3% | +134% | +517% |
| 19 | 321 · Palm Coast, FL area | +0.3% | +38.5% | +99.0% | +338% |
| 20 | 333 · Fort Lauderdale, FL area | -0.3% | +48.7% | +113% | +456% |
| 21 | 322 · Jacksonville, FL area | -0.5% | +38.9% | +108% | +353% |
| 22 | 335 · Plant City, FL area | -0.5% | +45.6% | +121% | +344% |
| 23 | 342 · North Port, FL area | -1.0% | +37.0% | +101% | +375% |
| 24 | 349 · Port St. Lucie, FL area | -1.2% | +44.7% | +130% | +362% |
| 25 | 339 · Cape Coral, FL area | -1.2% | +27.4% | +85.0% | +300% |
Metro areas in Florida
Boom, bust, and recovery in Florida
Florida's index peaked in Q4 2006, fell 44.7% to its low in Q2 2012, and regained its peak in Q1 2020, about 13.2 years after the top. Today it sits +72.0% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| FL | Q4 2006 | Q2 2012 | -44.7% | Q1 2020 (13.2 yrs) | +72.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Florida's index has changed +126% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | FL after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | -2.4% | -0.8% |
| 3 years | +9.8% | -2.9% | +2.8% |
| 5 years | +24.0% | +17.7% | +13.9% |
| 10 years | +39.1% | +58.2% | +39.0% |
| Since Q1 1995 | +121% | +126% | +76.8% |
If you bought in Florida in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +394% | $1,481,342 |
| Q2 2000 | +304% | $1,211,888 |
| Q2 2005 | +109% | $625,688 |
| Q2 2010 | +183% | $850,185 |
| Q2 2015 | +140% | $720,318 |
| Q2 2020 | +67.8% | $503,455 |
| Q2 2021 | +46.0% | $438,014 |
| Q2 2023 | +6.6% | $319,832 |
| Q2 2025 | +1.4% | $304,204 |
Frequently asked questions
- How much have home prices gone up in Florida?
- FHFA HPI® data for Florida shows the all-transactions index changed +1.4% over the year to Q2 2026, +46.0% over five years, +120% over ten years, and +401% since Q1 1995.
- Is Florida appreciating faster than the national average?
- Over the past year Florida's index moved −1.6 pts versus the U.S. (+3.0%), ranking 46th of 51 states and D.C. Over five years the gap is +4.7 pts.
- Which ZIP codes in Florida are appreciating fastest?
- Over the past year the strongest of 25 3-digit ZIP regions in Florida was ZIP3 324 (Panama City, FL area) at +5.7%, and the weakest was ZIP3 339 (Cape Coral, FL area) at -1.2%. 5 of 25 beat the national one-year change.