A weekly snapshot of Florida home prices, mortgage rates, and inventory — and what the numbers mean for your next move. Tracked by Alex Doce, a Florida mortgage broker with 38+ years of experience.
Get Today’s RatesFour numbers that summarize the entire Florida housing and mortgage market right now.
Sources: Freddie Mac PMMS · Florida Realtors · Redfin Florida (March 2026 data)
After three years of seller dominance, Florida is moving toward balance. Inventory is up, rates are easing, and buyer leverage is back in most metros.
Rates eased from a 2025 average near 6.6% to the low 6s. Active listings climbed for a third straight year. Seller concessions returned in most metros. Bidding wars still happen — but only on well-priced homes in high-demand pockets. Almost a third of Florida listings now see a price cut before going under contract.
Statewide single-family prices are up about 1.8% year over year — modest growth, not a decline. Condos and townhomes are softening, with several metros showing 9+ months of supply. The 30-year fixed sits at its lowest spring level in three years. Sellers are offering rate buydowns and closing-cost credits to compete.
Two variables drive the next six months: the 10-year Treasury yield (which sets fixed mortgage pricing) and Florida insurance costs. If the Fed continues easing and Treasury yields stay near 4.2%, expect rates to drift toward the high 5s by year-end. Insurance reform progress could meaningfully change condo affordability across South Florida.
Rates below are illustrative for a Florida primary residence with strong credit (740+) as of April 2026. Your actual rate depends on credit score, down payment, loan size, and county.
The most popular long-term option. Predictable monthly payment, strong fit for most Florida homebuyers planning to stay 5+ years.
Faster payoff, lower total interest. Higher monthly payment in exchange for building equity quickly and finishing the loan sooner.
3.5% down with credit scores as low as 580. Includes upfront and monthly mortgage insurance — but the lower rate often offsets it.
For eligible veterans and active-duty service members. 0% down, no monthly mortgage insurance — typically the most affordable Florida loan available.
For luxury and coastal properties above the conforming limit. One Florida county exceeds the standard limit: Monroe, at $990,150.
Lower starting rate fixed for 7 years, then adjusts. Best fit if you plan to sell or refinance within 5–7 years.
Rate ranges sourced from Freddie Mac PMMS (4/23/2026), Bankrate, Zillow Home Loans, and lender surveys. Rates change daily. Get a personalized quote for your scenario.
Every Florida market is moving at its own pace. Here’s how the major metros stack up.
Single-family inventory in Broward sits near 5 months — keeping prices at record levels. Multiple offers still happen on well-priced homes in Fort Lauderdale, Coral Springs, and Boca. Condos are softer: oversupply and reserve assessments are pushing older-building prices down 5–10%.
The most balanced market in the state. Median prices around $410K–$430K, supply at 3–4 months, homes selling in 45–65 days. Sellers are offering rate buydowns and closing-cost credits to compete.
Median home value near $385K, down ~3.7% year over year. Roughly 7,400 active listings in the metro. Homes priced realistically still go under contract in about 42 days.
Naples, Fort Myers, Cape Coral. The clearest buyer’s market in Florida — 6.6 months of single-family supply, 8.8 months on condos. Sellers are reducing prices and offering incentives. Best buyer leverage in the state.
Jacksonville and surrounding counties. Modest price corrections followed by stabilization. Most affordable major metro in Florida and a magnet for relocating families seeking better value than South Florida.
Persistent demand from retirees and remote workers. Inventory has risen as some buyers price out, but well-priced and well-marketed listings continue to sell. Strong activity from all-cash and heavy-cash buyers.
Whether you’re buying, refinancing, or investing — here’s how today’s Florida market shapes your move.
You have leverage you didn’t have a year ago. Sellers are offering rate buydowns, closing-cost credits, and repair concessions on listings that have sat 30+ days. The smart move: get pre-approved first, then negotiate.
Get Pre-ApprovedRates are at their lowest level in three spring buying seasons. If you closed in 2023 or early 2024 above 7%, the math likely works for a rate-and-term refi. Cash-out also makes sense for renovations or consolidating debt.
Run My Refi NumbersDSCR loans are competitive again, and short-term rental income still qualifies in many Florida markets. Buyer’s-market metros like Fort Myers, Cape Coral, and parts of Jacksonville are where the cap-rate math currently works.
See Investor Loan OptionsEverything Florida buyers, sellers, and refinancers ask us most — with straight answers, no jargon.
Alex Doce will pull your scenario, run the numbers, and give you a straight answer — usually within 24 hours.
Ask AlexStop guessing what you’ll qualify for. Alex Doce hand-shops your scenario across 50+ Florida lenders and brings you the best three options — with the math, side by side. In under 24 hours.
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