10 Florida Cities Where Home Prices Are Expected To Surge in 2025

aerial drone view of Key Biscayne, Miami, Florida with downtown Miami in the back.
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Oh, Florida; how you charm us with your balmy beaches, warm weather, extraordinary amusement parks and lack of state income tax! It’s no wonder so many retirees pick Florida as their home base.  

Interestingly, despite its popularity, home prices in Florida are, overall, trending slightly down. According to Zillow, the average home price in Florida is $386,892, down a solid 1% year over year. But this is just the average price across the state. In some areas, single-family homes are actually getting more expensive. Which areas are those?  

In a new study, GOBankingRates analyzed cities in Florida to find where home prices are expected to surge in 2025. The cities were ranked to show the highest dollar change of home value increases expected. 

10. Indian River Shores

  • Livability: 68  
  • Average value of a single-family home: $1,866,952  
  • Forecast of home value change (percentage) in November 2025: 1.5%
  • Forecast of home value change (in dollars) in November 2025: $28,004  
  • Forecast of home value in November 2025: $1,894,956 

9. Parkland

  • Livability: 67  
  • Average value of a single-family home: $1,065,313   
  • Forecast of home value change (percentage) in November 2025: 3.3%
  • Forecast of home value change (in dollars) in November 2025: $35,155 
  • Forecast of home value in November 2025: $1,100,469  

8. South Miami

  • Livability: 80  
  • Average value of a single-family home: $1,155,853   
  • Forecast of home value change (percentage) in November 2025: 3.1%
  • Forecast of home value change (in dollars) in November 2025: $35,831  
  • Forecast of home value in November 2025: $1,191,684  

7. Southwest Ranches

  • Livability: 65  
  • Average value of a single-family home: $1,332,898   
  • Forecast of home value change (percentage) in November 2025: 3.3%
  • Forecast of home value change (in dollars) in November 2025: $43,986  
  • Forecast of home value in November 2025: $1,376,884  

6. Miami Beach

  • Livability: 70  
  • Average value of a single-family home: $2,554,931   
  • Forecast of home value change (percentage) in November 2025: 2.4%
  • Forecast of home value change (in dollars) in November 2025: $61,318  
  • Forecast of home value in November 2025: $2,616,249  

5. Coral Gables

  • Livability: 84  
  • Average value of a single-family home: $1,967,285   
  • Forecast of home value change (percentage) in November 2025: 3.3%
  • Forecast of home value change (in dollars) in November 2025: $64,920  
  • Forecast of home value in November 2025: $2,032,205  

4. Pinecrest 

  • Livability: 77  
  • Average value of a single-family home: $2,314,817   
  • Forecast of home value change (percentage) in November 2025: 3.4%
  • Forecast of home value change (in dollars) in November 2025: $78,704  
  • Forecast of home value in November 2025: $2,393,521  

3. Key Biscayne

  • Livability: 82  
  • Average value of a single-family home: $3,849,046   
  • Forecast of home value change (percentage) in November 2025: 2.4%
  • Forecast of home value change (in dollars) in November 2025: $92,377 
  • Forecast of home value in November 2025: $3,941,423  

2. Bal Harbour

  • Livability: 76  
  • Average value of a single-family home: $6,582,560   
  • Forecast of home value change (percentage) in November 2025: 2.8%
  • Forecast of home value change (in dollars) in November 2025: $184,312  
  • Forecast of home value in November 2025: $6,766,872  

1. Palm Beach 

  • Livability: 69  
  • Average value of a single-family home: $10,589,969 
  • Forecast of home value change (percentage) in November 2025: 4.0%
  • Forecast of home value change (in dollars) in November 2025: $423,599 
  • Forecast of home value in November 2025: $11,013,568  

Methodology: For this study, GOBankingRates analyzed cities across Florida to find the places where home prices might surge in 2025. First, GOBankingRates identified cities in Florida with housing data using Zillow Home Value Forecast from November 2024. For each location a number of factors were found including; total population, population ages 65 and over, total households, and household median income all sourced from the U.S. Census American Community Survey. Using this data, the percentage of the population ages 65 and over can be calculated. The cost of living indexes were sourced from Sperling’s BestPlaces and include the grocery, healthcare, housing, utilities, transportation, and miscellaneous cost of living indexes. Using the cost of living indexes and the national average expenditure costs, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost for each location can be calculated. The livability index was sourced from AreaVibes for each location. The average single-family home value was sourced from Zillow Home Value Index for November 2024. Using the average single-family home value, assuming a 10% down payment, and using the most recent national average 30-year fixed mortgage rate, as sourced from the Federal Reserve Economic Data, the average mortgage can be calculated. Using the average mortgage and average expenditure costs, the average total monthly and annual cost of living can be calculated. Using the Zillow Home Value Forecast, the one-year percent change in home values are identified and along with the current home value, the dollar amount and estimated future home value can be calculated for each city. The cities were ranked to show the largest percent and largest dollar change. All data was collected on and is up to date as of Jan. 10, 2025.

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