Florida
Local Housing Market · Zillow ZHVI · March 2026
$375,662
Typical Home Value
▼ 4.2% YoY ▲ 0.03% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
0bps
YoY Rate Change
▼ Lower than 1yr ago
Nonebps
30Y/10Y Spread
Norm ~170bps
🏘 Florida Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$375,662
▼ 4.2% YoY
Month-over-Month
▲ 0.03% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
0.00%
▼ Rates lower now
30Y/10Y Spread
Nonebps
— · 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 · April 2026
• Inventory is down 12.4% YoY and listing prices are softening 3.2% YoY with 20.5% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 74 days — a slower market. Pending ratio is 0.32 — moderate demand, purchase timelines are manageable.
• New listings are declining 9.5% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$426,000
▼ 3.2% YoY
Median Days on Market
74d
0d YoY
Active Listings
159,860
▼ 12.4% YoY
New Listings
44,494
▼ 9.5% YoY
Price Reduced Share
20.5%
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) · April 2026
Wildwood-The Villages
▼ COOLING
National rank #169
Median Price
$374,450
Median DOM
60d
Demand score 68/100
Tallahassee
▼ COOLING
National rank #175
Median Price
$350,000
Median DOM
50d
Demand score 45/100
Pensacola-Ferry Pass-Brent
▼ COOLING
National rank #209
Median Price
$363,500
Median DOM
57d
Demand score 42/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply