27 Florida Cities Where Home Prices Are Skyrocketing
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.
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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%
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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%
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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
6. Homestead, Florida
7. Avon Park, Florida
8. Sarasota, Florida
9. Bradenton, Florida
10. Lake Worth, Florida
11. Venice, Florida
12. Boca Raton, Florida
13. Fort Pierce, Florida
14. Port Saint Lucie, Florida
15. Cape Coral, Florida
16. North Port, Florida
17. Ocala, Florida
18. Ponte Vedra, Florida
19. Punta Gorda, Florida
20. New Port Richey, Florida
21. Delray Beach, Florida
22. Brooksville, Florida
23. Port Charlotte, Florida
24. Englewood, Florida
25. Miami
26. Brandon, Florida
27. Boynton Beach, Florida
This article originally appeared on GOBankingRates.com: 27 Florida Cities Where Home Prices Are Skyrocketing