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27 Florida Cities Where Home Prices Are Skyrocketing

May 22, 2024

5 min Read

Written by Gabrielle Olya

Edited by Ashleigh Ray

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Florida’s population has boomed over the past decade, with nearly 3 million people moving to the Sunshine State from 2010 to 2020. And as people flock to the state’s various cities, the cost of living and home prices have shot up, too.

MoveBuddha identified the fastest-growing cities in Florida, as well as how much home prices have risen in these cities in recent years.

Here’s a look at the Florida cities where home prices have increased by more than 50% from 2020 to 2023.

1. Naples, Florida

Population growth from 2010 to 2020: 53.7%
Average home value in 2020: $359,706
Average home value in 2023: $594,043
Increase in home value from 2020 to 2023: 65%

2. Estero, Florida

Population growth from 2010 to 2020: 63.2%
Average home value in 2020: $321,867
Average home value in 2023: $527,221
Increase in home value from 2020 to 2023: 64%

3. West Palm Beach, Florida

Population growth from 2010 to 2020: 17%
Average home value in 2020: $245,472
Average home value in 2023: $389,511
Increase in home value from 2020 to 2023: 59%

4. Jupiter, Florida

Population growth from 2010 to 2020: 11%
Average home value in 2020: $437,570
Average home value in 2023: $688,457
Increase in home value from 2020 to 2023: 57%

5. Fort Myers, Florida

Population growth from 2010 to 2020: 39%
Average home value in 2020: $234,591
Average home value in 2023: $367,323
Increase in home value from 2020 to 2023: 57%

6. Homestead, Florida

Population growth from 2010 to 2020: 33%
Average home value in 2020: $274,192
Average home value in 2023: $431,120
Increase in home value from 2020 to 2023: 57%

7. Avon Park, Florida

Population growth from 2010 to 2020: 9%
Average home value in 2020: $130,289
Average home value in 2023: $202,866
Increase in home value from 2020 to 2023: 56%

Pictured: Orlando, Florida

8. Sarasota, Florida

Population growth from 2010 to 2020: 6%
Average home value in 2020: $290,973
Average home value in 2023: $452,956
Increase in home value from 2020 to 2023: 56%

9. Bradenton, Florida

Population growth from 2010 to 2020: 12%
Average home value in 2020: $248,824
Average home value in 2023: $388,361
Increase in home value from 2020 to 2023: 56%

10. Lake Worth, Florida

Population growth from 2010 to 2020: 20.9%
Average home value in 2020: $277,319
Average home value in 2023: $431,344
Increase in home value from 2020 to 2023: 56%

11. Venice, Florida

Population growth from 2010 to 2020: 23%
Average home value in 2020: $286,203
Average home value in 2023: $443,253
Increase in home value from 2020 to 2023: 55%

12. Boca Raton, Florida

Population growth from 2010 to 2020: 15%
Average home value in 2020: $367,695
Average home value in 2023: $568,958
Increase in home value from 2020 to 2023: 55%

13. Fort Pierce, Florida

Population growth from 2010 to 2020: 14%
Average home value in 2020: $181,031
Average home value in 2023: $281,040
Increase in home value from 2020 to 2023: 55%

14. Port Saint Lucie, Florida

Population growth from 2010 to 2020: 24%
Average home value in 2020: $252,213
Average home value in 2023: $388,220
Increase in home value from 2020 to 2023: 54%

15. Cape Coral, Florida

Population growth from 2010 to 2020: 26%
Average home value in 2020: $251,235
Average home value in 2023: $387,554
Increase in home value from 2020 to 2023: 54%

16. North Port, Florida

Population growth from 2010 to 2020: 30%
Average home value in 2020: $227,573
Average home value in 2023: $347,371
Increase in home value from 2020 to 2023: 53%

17. Ocala, Florida

Population growth from 2010 to 2020: 13%
Average home value in 2020: $177,802
Average home value in 2023: $269,812
Increase in home value from 2020 to 2023: 52%

18. Ponte Vedra, Florida

Population growth from 2010 to 2020: N/A
Average home value in 2020: $538,574
Average home value in 2023: $816,337
Increase in home value from 2020 to 2023: 52%

19. Punta Gorda, Florida

Population growth from 2010 to 2020: 17%
Average home value in 2020: $266,214
Average home value in 2023: $403,990
Increase in home value from 2020 to 2023: 52%

20. New Port Richey, Florida

Population growth from 2010 to 2020: 12%
Average home value in 2020: $203,575
Average home value in 2023: $308,673
Increase in home value from 2020 to 2023: 52%

21. Delray Beach, Florida

Population growth from 2010 to 2020: 10%
Average home value in 2020: $234,156
Average home value in 2023: $354,344
Increase in home value from 2020 to 2023: 51%

22. Brooksville, Florida

Population growth from 2010 to 2020: 15%
Average home value in 2020: $209,605
Average home value in 2023: $316,308
Increase in home value from 2020 to 2023: 51%

23. Port Charlotte, Florida

Population growth from 2010 to 2020: N/A
Average home value in 2020: $206,438
Average home value in 2023: $312,160
Increase in home value from 2020 to 2023: 51%

24. Englewood, Florida

Population growth from 2010 to 2020: N/A
Average home value in 2020: $252,556
Average home value in 2023: $382,526
Increase in home value from 2020 to 2023: 51%

25. Miami

Population growth from 2010 to 2020: 11%
Average home value in 2020: $362,603
Average home value in 2023: $548,408
Increase in home value from 2020 to 2023: 51%

26. Brandon, Florida

Population growth from 2010 to 2020: N/A
Average home value in 2020: $237,109
Average home value in 2023: $357,540
Increase in home value from 2020 to 2023: 51%

Pictured: Tampa, Florida

27. Boynton Beach, Florida

Population growth from 2010 to 2020: 18%
Average home value in 2020: $278,203
Average home value in 2023: $419,166
Increase in home value from 2020 to 2023: 51%

All data is sourced from the moveBuddha 2023-2024 Florida Migration Report.

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