Florida Home Average Price Increase 5th highest in the U.S. Year-to-Year

Dated: December 1 2021

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256 W Bay Cedar Circle, Botanica, Jupiter

According to the Federal Housing Finance Agency House Price Index (FHFA HPI), home U.S. home prices increased 18.5% year-to-year in 3Q. Florida price increases rose even higher.

    House prices rose in all 50 states and the District of Columbia between the third quarters of 2020 and 2021. The five states with the highest annual appreciation: 1) Idaho 35.8%; 2) Utah 30.3%; 3) Arizona 27.7%; 4) Montana 26.0%; and 5) Florida 24.8%. The areas showing the lowest annual appreciation: 1) District of Columbia 8.0%; 2) North Dakota 10.5%; 3) Louisiana 10.9%; 4) Maryland 12.5%; and 5) Iowa 13.0%.

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