Best Real Estate Markets in Florida
Thinking of moving to the Sunshine State? Well, you’re not alone. Every year, thousands of people relocate to Florida in search of warmer weather, beautiful beaches, and endless opportunities.
But where should you live? With so many great options, it can be tough to narrow down your search. To help you out, we’ve compiled a list of the best real estate markets in Florida.
Whether you’re looking for a bustling metropolis or a laid-back beach town, you’re sure to find your perfect match on our list. So, without further ado, let’s dive in!
Miami
If you’re looking for an exciting and cosmopolitan city, Miami is the place for you. This vibrant metropolis is home to a diverse population, world-renowned nightlife, and some of the best beaches in Florida.
Miami is one of the most popular cities in Florida, and for good reason. It’s a beautiful city with a lot to offer, including great weather, plenty of things to do, and vibrant culture.
Not to mention, Miami’s real estate market is on fire right now. Prices are rising rapidly, so if you’re thinking of buying a property in Miami, you should do it sooner rather than later.
The real estate market in Miami is very expensive, but it’s still a good time to buy a home here. Prices are expected to continue to rise in the future, so if it fits within your budget, now is a great time to buy a home in Miami.
Orlando
Orlando is best known as the home of Walt Disney World. It’s a great place to live if you want to be close to major attractions like Universal Studios and SeaWorld. It’s also a great place to live if you want to be close to great shopping and dining. But this city has a lot more to offer than just theme parks. Orlando is a great place to raise a family, thanks to its excellent schools and safe neighborhoods.
The real estate market in Orlando is very affordable, making it a great place to buy a home. Prices are expected to rise in the future, so now is a great time to buy a home in Orlando.
The real estate market in Orlando is also very strong right now. Prices are rising, but they’re still relatively affordable compared to other parts of Florida.
Orlando has seen a 15.3% increase in the population since 2010 and a 3.9% increase in the number of jobs. This city has an unemployment rate of 2.9% which is well under the U.S. average of 3.9%. Additionally, the number of jobs is foreseen to grow by 51% over the next ten years. That is well over the country’s average prediction of 33.5%.
Furthermore, according to data from Zillow, the median home value right now in this city is $241,200 which is an increase of 6.7% over the past year. Also, the home values are predicted to continue rising by about 2.8%.
The average listing prices are $289,000 and the average closing prices are $247,500 over both average home values. Rent prices have risen also, with the average renter paying $1,600 in Orlando. If investors are interested in Orlando, they should look into buying property in the city’s top neighborhoods which include:
- Park Lake/Highland
- Rowena Gardens
- Audubon Park
- Rose Isle
- Uptown
Tampa
Tampa is best known for its beautiful beaches. It’s a great place to live if you want to be close to the water. It’s also a great place to live if you want to be close to major metropolitan areas.
Tampa is another very popular city in Florida, and like Miami, it has a lot to offer its residents. It has some of the best beaches in the state. If you want to be close to major attractions like Busch Gardens and the Tampa Bay Buccaneers, Tampa is your city.
This city is a great place to live if you want to be close to the beach but don’t want to deal with the hustle and bustle of a big city like Miami. Tampa has a more laid-back atmosphere, but there’s still plenty to do here.
The real estate market in Tampa is very affordable, making it a great place to buy a home. Prices are expected to rise in the future, so now is a great time to buy a home in Tampa.
Jacksonville
Jacksonville is another great city to live in if you want to be close to the beach but don’t want to deal with the high prices of other parts of Florida. Jacksonville has a lot to offer, including great schools, a thriving economy, and plenty of things to do.
The real estate market in Jacksonville is very affordable right now, making it a great time to buy a home here. Prices are expected to continue to rise, so if you’re thinking about buying a home in Jacksonville, you should do it sooner rather than later.
St. Augustine
St. Augustine is best known for being the oldest city in the United States, but it’s also a great place to live. It’s a great place to live if you want to be close to historical landmarks, attractions, and the beach.
The real estate market in St. Augustine is very affordable, making it a great place to buy a home. Prices are expected to rise in the future, so now is a great time to buy a home in St. Augustine.
Tallahassee
If you’re looking for a city with a lot of charm, Tallahassee is the place for you. It’s the state capital of Florida, so there are plenty of things to do in the city. It’s also a great place to live if you want to be close to nature.
The real estate market in Tallahassee is very affordable, making it a great place to buy a home. Prices are expected to rise in the future, so now is a great time to buy a home in Tallahassee.
Oakland Park
Oakland Park is a small city in Broward County, Florida. It’s a great place to live if you want to be close to Fort Lauderdale but don’t want to live in the city itself.
The real estate market in Oakland Park is very affordable, so it’s a great place to buy a home. Prices are expected to rise in the future, so now is a great time to buy a home in Oakland Park.
Port Charlotte
Port Charlotte is a small city in Charlotte County, Florida. It’s a great place to live if you want to be close to the beaches but don’t want to live in a touristy area.
The real estate market in Port Charlotte is very affordable, making it a great place to buy a home. Prices are expected to rise in the future, so now is a great time to buy a home in Port Charlotte.
Venice
If you’re looking for an affordable place to live in Florida that’s still close to the beach, then Punta Gorda or Venice might be the perfect place for you. These cities offer great real estate deals and are expected to see price increases in the future, so now is a great time to buy a home in either of these two great cities.
Punta Gorda is located in Charlotte County, Florida. This city is known for its affordable housing and its proximity to the beaches. Punta Gorda is a great place to live if you want to be close to the water but don’t want to pay high prices for a home. The median home price in Punta Gorda is $165,000, and the city is expected to see population growth of 2.3% in the next five years.
Venice is another great city in Florida for affordable housing. This city is located in Sarasota County and is known for its beautiful beaches. Venice has a median home price of $219,000, and the population is expected to grow by 1.9% in the next five years. Venice is a great place to live if you want to retire or raise a family.
If you are looking for a great place to live in Florida, then consider one of these two cities. Punta Gorda and Venice offer affordable housing, beautiful beaches, and a desirable lifestyle.
Contact Galaxy Title & Escrow Today to Learn More
You owe it to yourself to discover a reputable real estate and title company in South Florida. Here at Galaxy Title & Escrow, we commit our expertise to assist you in ironing out all of the details. If you’re looking for quality services, reach out to our office today!
Mitchell has been a licensed attorney since 2014 and has practiced in both the transactional and litigation fields of law. His experience allows him to approach every transaction with a depth of knowledge and practical experience most attorneys do not possess. Mitchell prides himself on providing top notch service to his clients.