Real estate property for sale in St. Augustine, Florida, USA. Photo: Paul Brennan/Shutterstock.com
One of the most significant purchases you can make is a house. Homeownership is a valuable asset that can increase in value significantly and serves as more than just a place to live. But with property prices hitting historic highs, purchasers must consider affordability very carefully. The cost of monthly payments is also increasing as a result of high mortgage rates; as of June 15, the 30-year fixed rate is 6.69 percent.
Even though housing prices have increased nationwide, some communities have greater asking prices than others. The value of a home is influenced by its location, size, age, and condition.
Stacker used information from Zillow to create a list of the Florida cities with the most expensive real estate. The Zillow Home Values Index for all homes as of May 2023 ranks cities. Using Matplotlib, the charts in this article were generated automatically.
Metros with the most cities in the top 30 in Florida
#1. Miami-Fort Lauderdale-Pompano Beach, FL: 16
#2. Key West, FL: 4
#3. Cape Coral-Fort Myers, FL: 3
#3. North Port-Sarasota-Bradenton, FL: 3
#5. Port St. Lucie, FL: 2
#6. Orlando-Kissimmee-Sanford, FL: 1
#6. Sebastian-Vero Beach, FL: 1
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Born and raised in South Florida, Krystal is a recent graduate from the University of Miami with professional writing experience at the collegiate and national news outlet levels. She’s a foodie who loves all things travel, the beach, & visiting new places throughout Florida.