7 Florida Cities Where Home Prices Are Skyrocketing

Published November 20th, 2022 by Timothy McGuire

General Posts

Florida's population has boomed over the past decade, with nearly 3 million people moving to the Sunshine State from 2010 to 2020, according to moveBuddha. And as people flock to the state's various cities, 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 seven Florida cities where home prices have increased by more than 50% from 2020 to 2022.

7. Palm Coast, Florida

• Population growth from 2010 to 2020: 22.8%

• Average home value in 2020: $237,635

• Average home value in 2022: $358,590

• Increase in home value from 2020 to 2022: 51%

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6. Port Saint Lucie, Florida

5. St. Petersburg, Florida

4. Bonita Springs, Florida

3. Fort Myers, Florida

2. North Port, Florida

1. Cape Coral, Florida

This article originally appeared on GOBankingRates.com: 7 Florida Cities Where Home Prices Are Skyrocketing