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Are home prices in Florida expensive? A review of each metro area

florida home prices home prices realtor mindset Jul 27, 2025

What are home prices in Florida right now? 🤔

If you were to ask 100 random people around town if they thought real estate was expensive in their local area, I expect at least 80 would say yes.

In fact, I bet you've looked at property lately and thought to yourself that you were surprised it cost so much.

But how true is that?

Most locals only ever look at houses in their area and can get caught with blinders to outside markets on.

If you look beyond your local market at other places across the state, you might come out with a different opinion of what's expensive and what's affordable.

Let's take a look at how the metro areas of Florida differ in price...
  

Home Prices in Florida Metro Areas 🏘️

Below is a map of the different metro areas and the median home price in each as of June 2025:

I've color coded the metro areas where green means lower prices and red indicates higher prices.

Here's a summary of the metro areas:

Location Median Price
Naples-Immokalee-Marco Island, FL $600,000
Miami-Fort Lauderdale-West Palm Beach, FL $520,000
Crestview-Fort Walton Beach-Destin, FL $430,000
Orlando-Kissimmee-Sanford, FL $407,500
North Port-Sarasota-Bradenton, FL $405,650
Port St. Lucie, FL $385,000
Sebastian-Vero Beach, FL $384,000
State of Florida $379,990
Tampa-St. Petersburg-Clearwater, FL $374,990
Jacksonville, FL $369,990
Palm Bay-Melbourne-Titusville, FL $360,000
Cape Coral-Fort Myers, FL $359,995
Deltona-Daytona Beach-Ormond Beach, FL $350,000
Panama City, FL $350,000
The Villages, FL $339,000
Pensacola-Ferry Pass-Brent, FL $333,000
Gainesville, FL $317,990
Punta Gorda, FL $315,000
Lakeland-Winter Haven, FL $307,990
Tallahassee, FL $300,000
Ocala, FL $275,000
Homosassa Springs, FL $274,990
Sebring-Avon Park, FL $265,000


Interestingly, Florida only has two metro areas with median prices above the U.S. median price of $453,300: Naples & Miami.

In fact, the median home price in Florida is 16% lower than the median price in America (which just hit a record high).

Let that sink in for a moment.

Do home prices feel a bit less expensive compared to the rest of the country when we look at it this way? 

 

The bottom line 💡

To have full context, you've got to get outside your local market.

A lot of Realtors only pay attention to real estate nearby and it can lead to distorted views on the market.

What's expensive and affordable is always relative.

People looking to move to Florida from other states or countries could easily look at our home prices and think they're cheap. 

Shoot, people are moving around within Florida to take advantage of lower prices. Just look at the stats in Lakeland...

We have to leave our judgement out of it and be open to a variety of outcomes.

On top of this, in 5 years, the real estate prices of today will look cheap in most areas. 

They're not printing any less money and over time prices tend to rise.

Now, if this is helpful and you want to learn to incorporate these types of insights into your business (plus get even better analysis & resources), you'll have a chance to join me as a Market Insider August 13th at 8AM.

Keep an open mind. Keep learning. Keep solving your clients problems! 🚀

Dr. Alex Stewart
Founder

Your clients are asking bigger questions. Market Insiders helps you answer them.

You've built a solid business. Your clients trust you and your referrals are consistent. But the conversations have shifted. Rates, the economy, where things are headed — they want your read, not just your service.

Market Insiders gives you a clear vision of what's happening in the market (locally and nationally) and how to talk about it with confidence. Monthly insights, tools you can use directly with clients, and a group of serious Northeast Florida agents producing at high levels.

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