How Does Florida Compare to the National Housing Market?

Now let’s see how Florida’s housing market compares to other states by looking closer at the start of spring—typically one of the hottest seasons for real estate. At the national level, home prices increased 20.9% in March 2022 compared to last year.4 During that same time, check out which states rose to the top with the highest home price increases year over year:

Florida (31.4%)
Arizona (28.7%)
Tennessee (26.7%)5
Did you catch that? In March, Florida home prices shot up 50% higher than national home prices—that’s insane!