Florida
Local Housing Market · Zillow ZHVI · May 2026
$377,578
Typical Home Value
▼ 3.3% YoY ▼ 0.19% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Florida Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$377,578
▼ 3.3% YoY
Month-over-Month
▼ 0.19% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Florida
Market Indicators
REALTOR.COM🏦 LO Market Signal · June 2026
• Inventory is down 14.2% YoY and listing prices are softening 3.4% YoY with 19.9% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 78 days — a slower market. Pending ratio is 0.32 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 1.2% YoY. Seller activity is stable.
Median Listing Price
$423,900
▼ 3.4% YoY
Median Days on Market
78d
0d YoY
Active Listings
153,348
▼ 14.2% YoY
New Listings
41,664
▲ 1.2% YoY
Price Reduced Share
19.9%
of active listings
Pending Ratio
0.32
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Florida
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · June 2026
Wildwood-The Villages
▼ COOLING
National rank #161
Median Price
$374,900
Median DOM
60d
Demand score 70/100
Tallahassee
▼ COOLING
National rank #174
Median Price
$349,450
Median DOM
51d
Demand score 46/100
Pensacola-Ferry Pass-Brent
▼ COOLING
National rank #204
Median Price
$364,900
Median DOM
59d
Demand score 48/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply