Florida Housing Market 2026: Key Trends Buyers and Sellers Must Know

The Florida housing market continues to shift in late 2025, moving toward a more balanced environment after years of intense price growth and high competition. According to the most recent data from Florida Realtors®, inventory has expanded, median prices have stabilized—and in some cases slightly softened—and buyers are gaining leverage in negotiations.

Below is a comprehensive and up-to-date look at the key indicators shaping the Florida real estate landscape this year and into 2026.

Current Market Snapshot — Statewide and Metro Trends

Median Sale Prices (Most Recent Data)

In October 2025, Florida Realtors® reported that the statewide median sale price for single-family homes was approximately $411,105, indicating a slight annual decline of about 0.9%.

Meanwhile, condo-townhouse median prices have experienced slightly larger dips in some months.

Inventory & Buyer Leverage

One of the most notable market shifts in 2025 is the significant rise in active inventory, moving conditions closer to balance between buyers and sellers.

• According to Florida Realtors®, single-family inventory (months of supply) was around 5.1–5.3 months, a level often associated with market equilibrium.
• Condo-townhouse inventory remains even higher, indicating a buyer’s market for these property types, with more than 9 months of supply.

Higher inventory levels have given buyers more options and negotiating power, slowing the urgency that dominated during the pandemic-era boom.

Market Conditions by Property Type

Single-Family Homes
Median sale prices have leveled off and are relatively stable compared to last year.  Months of supply around 5–5.3 months suggests a balanced market where neither buyers nor sellers hold an overwhelming advantage.

Condos and Townhomes
Inventory levels above 9 months indicate a true buyer’s market for condos and townhomes. Price pressures are generally greater in this segment, with median prices softening more than for single-family units.

Market Momentum & Time on Market

Homes in Florida are taking longer to sell and often require price adjustments before going under contract. Recent reports show:

• Homes are spending more time on the market in many areas compared with the previous year. 

• Price cuts remain common as sellers adjust expectations, especially in competitive segments or slower individual metros.

This trend reflects a rebalancing of leverage toward buyers, particularly for properties that were priced above current demand levels.

Regional Variations Within Florida

The statewide picture masks meaningful differences across metropolitan areas:

• Miami and luxury segments retain stronger pricing, especially in prime coastal submarkets. 
• More affordable metros like Jacksonville show lower median prices and sometimes shorter selling times. 
• Markets such as Naples continue to command high price points but also see extended time on market.

Factors Influencing 2026 Trends

Mortgage Rates

Mortgage rates remain elevated compared with historical lows, influencing affordability and demand. While not falling precipitously, moderate stabilization in borrowing costs may help more buyers enter the market later in 2025 or early 2026.

Affordability Pressures

Although price growth has slowed, affordability remains crucial in influencing buyer decisions, as listing prices and insurance costs, particularly in coastal areas, impact overall carrying costs.

Supply Dynamics

More inventory generally helps buyers, but variations by metro and property type mean that localized expertise remains critical.

What This Means for Buyers, Sellers & Investors

• Increased inventory and longer selling times offer more choice and bargaining power than in past years.

• Focus on properties that are competitively priced and aligned with current financing conditions.

• Market balance means accurate pricing and marketing strategy are crucial to attract offers.

• Sellers should be prepared for inspection negotiations and potential concessions on price or terms.

For Investors

• Balanced markets offer opportunities for value acquisition, particularly in segments where appreciation has slowed but fundamentals remain strong.
• Understanding specific metro dynamics is essential to target real estate deals with favorable risk-reward profiles.

The Florida housing market in 2025–2026 is evolving from a seller’s dominance toward a more balanced and nuanced environment. With inventory expanding, prices largely stable, and buyer leverage increasing in many areas, the landscape now rewards strategic insight and localized knowledge. Whether you are a buyer, seller, or investor, the key to success in this market is data-driven decision-making, up-to-date market analysis, and adaptation to current pricing and affordability conditions.