Florida Housing Market & Affordability 2026
Median home prices, homeownership rates, affordability trends, and housing policy in Florida for 2026.
$405,000
Median Home Price
Low
Affordability Rating
68%
Homeownership Rate
+0.8%
Year-over-Year Change
Housing Market Overview
Florida experienced dramatic price and rent increases post-pandemic as migration surged. Markets have begun cooling but remain far above pre-2020 levels. Insurance costs have become a secondary housing affordability crisis, with some policies exceeding $10,000 annually in coastal areas.
Key Housing Data
| Indicator | Value |
|---|---|
| Median Home Price | $405,000 |
| Year-over-Year Change | +0.8% |
| Affordability Rating | Low |
| Homeownership Rate | 68% |
| Renter Cost Burden | 35% |
| Housing Inventory | Moderate |
| Zoning Environment | Moderate |
| Rent Control | Prohibited statewide |
| Property Tax Burden (Rank) | #26 nationally |
Political Context
Republicans control state government and have prohibited local rent control ordinances. Insurance affordability has become a major political issue after multiple large insurers exited the state. Democrats focus on tenant protections and affordable housing funding.