The Sunshine State is more than beaches and theme parks: It has a median home value on par with the rest of the nation and a growing demand for mortgage loans. And if you’re looking for help with down payments or closing costs, you have many options.
Florida has about 9.4 million housing units and a homeownership rate of 65.2%, according to the U.S. Census Bureau’s 2017 American Community Survey. The median housing value in the state is $214,000, almost the same as the $217,600 national median value. Depending on where in Florida you’re planning to settle down, the median value could be lower or higher.