Florida Housing Market Declines for Third Year

Florida median list price $425,000 in Feb. 2026, ↓$34,000 from Feb. 2024.
Statewide yearly declines have run monthly since March 2024, with coastal metros driving the drop.
Across 9 coastal metros, prices ↓6.8% to ↓16.2% in 2 years; some homes ↓$50,000+.
Aactive listings ↑ and days on market ↑, alongside higher projected flooding risk.
A report projects Florida home prices will keep falling in 2026 as climate risks intensify.