7 Florida Cities Where Home Prices Are Skyrocketing




  • In Business
  • 2022-08-13 23:24:50Z
  • By GOBankingRates
Shutterstock.
Shutterstock.  

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.

See: The Minimum Salary You Need To Be Happy in Every State
Small Business Spotlight 2022: Nominate Your Favorite Small Biz by July 25

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.

Michael Warren / Getty Images/iStockphoto
Michael Warren / Getty Images/iStockphoto  

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%

Live Updates: Financial Trends, Money News and More

Shutterstock.
Shutterstock.  

6. Port Saint Lucie, Florida

Shutterstock.
Shutterstock.  

5. Saint Petersburg, Florida

Stephen Orsillo / Shutterstock.
Stephen Orsillo / Shutterstock.  

4. Bonita Springs, Florida

BobPalosaari / Getty Images/iStockphoto
BobPalosaari / Getty Images/iStockphoto  

3. Fort Myers, Florida

Shutterstock.
Shutterstock.  

2. North Port, Florida

Shutterstock.
Shutterstock.  

1. Cape Coral, Florida

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

COMMENTS

More Related News

Amid
Amid 'gut-wrenching' destruction from Ian, Florida barrier island residents band together

Florida's Pine Islanders have lent trucks to evacuation efforts, spent days clearing the roads, and offered food and shelter to anyone who needs help.

Ian Latest: Biden Reaffirms Florida Aid as More Damage Emerges
Ian Latest: Biden Reaffirms Florida Aid as More Damage Emerges

(Bloomberg) -- Florida's hurricane damage is "likely to rank among the worst" in US history, President Joe Biden tweeted on Saturday, as Ian weakened to a...

A path of destruction: Photos show Hurricane Ian
A path of destruction: Photos show Hurricane Ian's damage in Cuba, Florida, Carolinas

Hurricane Ian swept through the Atlantic and southeast U.S. coast this week, leaving a path of catastrophic damage and devastation for millions.

DeSantis Spox Rebukes Harris for Proposing Hurricane Aid Based on
DeSantis Spox Rebukes Harris for Proposing Hurricane Aid Based on 'Equity': 'Must Be Clarified'

A campaign adviser to Ron DeSantis accused Kamala Harris of causing "undue panic" with her suggestion that Hurricane Ian relief aid should be distributed...

About 1.7 million remain without power in Ian
About 1.7 million remain without power in Ian's path; storm treks through North Carolina: Live updates

The death toll rose to 27 as Ian, now a post-tropical cyclone, churned northward across central North Carolina toward Virginia. Live updates.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business