Best Place to Build a House in Florida

Editor'south notation: This is not investment advice and nosotros are non financial advisers. Article updated for 2021.

At that place's a the age old question everyone thinks about when they make up one's mind to move to a city in Florida:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. Nosotros are just assuming you'll exercise the right thing and a buy a place. And while we are happy to tell you the best place to live in Florida, this analysis is going to tackle the question of the best place to purchase a house equally an investor. That is we are going to endeavor and determine the upward and coming cities in the Sunshine State.

To do that we are going to expect at places in Florida that are growing faster than boilerplate, merely where home prices are below boilerplate. In every 24-hour interval terms, the "deals". The best bargain in Florida at the moment? That would be Flagler Embankment according to our assay.

Here'due south a wait at the elevation ten places to buy a home in Florida for 2021.

What'south the all-time identify to buy a home in Florida for 2021? Co-ordinate to our assay, would the the platonic place to purchase a home looking into the hereafter.

The methodology that wen't into this tin can be a bit complicated, so we'll break it down for y'all in as much particular every bit nosotros can beneath. If y'all're not worried about finding a deal on skillful places to live, bank check out the virtually expensive places to alive in Florida and, for those of you on a budget, the cheapest places to live in Florida.

For more Florida reading, check out:

  • Best Counties To Live In Florida
  • Best Places To Enhance A Family unit In Florida
  • Best Places To Retire In Florida

The 10 Best Cities To Purchase A House In Florida For 2021

Population: 5,002
Median Domicile Price: $304,600
Population Modify: one.one%
Home Price Change: 16.8%
More on Flagler Beach: Homes For Sale | Data

Population: 5,088
Median Abode Toll: $175,700
Population Change: 0.3%
Habitation Cost Modify: four.8%
More on Southward Pasadena: Homes For Sale | Data

Labelle, FL

Population: five,106
Median Dwelling house Toll: $95,300
Population Change: 0.6%
Home Price Change: 23.0%
More on Labelle: Photos | Homes For Auction | Information

Source: Public Domain

Population: 5,127
Median Dwelling house Toll: $152,800
Population Change: 2.two%
Home Price Change: 5.2%
More on Kenneth City: Homes For Sale | Data

Valparaiso, FL

Population: v,145
Median Home Price: $224,800
Population Change: ii.2%
Dwelling house Price Modify: 5.5%
More on Valparaiso: Photos | Homes For Sale | Data

South Bay, FL

Population: 5,158
Median Home Price: $83,100
Population Modify: 0.8%
Home Price Change: 1.1%
More than on Southward Bay: Photos | Homes For Sale | Data

Starke, FL

Population: v,393
Median Home Toll: $97,900
Population Change: 0.3%
Abode Cost Alter: 13.3%
More on Starke: Homes For Sale | Data

Fellsmere, FL

Population: five,625
Median Home Price: $108,500
Population Change: -0.1%
Home Price Change: 8.4%
More on Fellsmere: Photos | Homes For Sale | Data

Okeechobee, FL

Population: five,724
Median Home Toll: $113,700
Population Alter: 1.v%
Home Cost Change: 4.1%
More on Okeechobee: Photos | Homes For Auction | Information

Surfside, FL

Population: v,725
Median Home Cost: $625,500
Population Alter: -i.6%
Home Cost Change: 7.5%
More on Surfside: Photos | Homes For Auction | Information

How do y'all decide the all-time places to buy a home in Florida for 2021?

Nosotros were in existent manor for nearly five years and accept been working on this site for some other three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to purchase a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming identify to live in Florida. Put differently, the analysis will effort to find places in Florida with undervalued homes relative to pent up need.

To do that we looked at the most contempo American Community Survey Census data for 2015-2019 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Modify In Median Dwelling house Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's however kinda cheap)

We desire places that are growing, have seen home prices increase in recent years, and are still "cheap" for Florida with the following caveats:

  • Domicile prices had to be within xx% of the state average (Much lower than that and yous get to some of the more dangerous places)
  • Home prices increased in the last yr, and
  • Above 5,000 people (Bigger cities have more data points)

Then of the 0 cities and towns in Florida, only 220 places made information technology through our initial filters to even be considered.

We and so ranked each place from 1 to 220 for the criteria mentioned in a higher place with 1 beingness the best for that criteria. We averaged the rankings to create a "best identify to buy" alphabetize with the place having the lowest index being the all-time. You tin download the information here.

Turns out that Flagler Beach is the best potential jewel in the not-so-rough in the Sunshine State.

Read on for more on these places.

There Y'all Have Information technology - The Best Places To Purchase A House In Florida for 2021

There'due south our analysis of the all-time places to buy a house in Florida. And, to be clear, we aren't necessarily saying these places are the best places to alive, but that it looks like they might be in a couple of years based on the data.

In fact, every identify in the following table meets our criteria, and then even though it may not wait super long, retrieve we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more Florida reading, cheque out:

  • Richest Cities In Florida
  • Safest Places In Florida

Detailed List Of The All-time Places To Buy A Habitation In Florida

Metropolis Rank Median Home Price Population Change Home Price Increase
Flagler Embankment 1 $304,600 1.1% 16.eight%
South Pasadena 2 $175,700 0.3% 4.8%
Labelle 3 $95,300 0.half dozen% 23.0%
Kenneth Metropolis iv $152,800 two.ii% five.2%
Valparaiso 5 $224,800 2.two% five.5%
Southward Bay 6 $83,100 0.eight% 1.1%
Starke seven $97,900 0.3% 13.3%
Fellsmere 8 $108,500 -0.1% 8.4%
Okeechobee ix $113,700 one.5% 4.1%
Surfside ten $625,500 -one.6% 7.5%
Mascotte eleven $157,700 3.4% 26.9%
Lake Alfred 12 $142,700 four.0% 22.1%
Bay Harbor Islands 13 $362,300 -ane.3% -7.1%
Newberry 14 $175,600 2.7% six.6%
High Springs 15 $167,800 i.8% 8.4%
Tequesta 16 $381,100 1.0% 6.1%
Fort Meade 17 $77,900 1.five% 4.ane%
Pahokee 18 $97,000 i.vii% seven.3%
Defuniak Springs xix $121,700 3.5% -six.9%
Gulf Cakewalk 20 $371,600 2.6% 9.3%
Macclenny 21 $140,600 1.7% 14.five%
Lauderdale-Past-The-Sea 22 $441,000 0.5% -0.v%
Pembroke Park 23 $84,400 0.eight% -0.1%
Wildwood 24 $169,100 four.3% 56.four%
Treasure Island 25 $382,200 0.two% 0.6%
Live Oak 26 $110,600 0.0% 24.7%
Perry 27 $90,800 -0.4% 7.3%
Marianna 28 $88,200 -4.7% -one.3%
St. Augustine Embankment 29 $415,400 0.7% half-dozen.5%
Belle Isle 30 $321,700 2.one% 2.8%
Fort Myers Beach 31 $448,100 1.2% 12.8%
Neptune Beach 32 $401,000 0.3% 5.1%
Dade City 33 $106,300 ii.2% 11.eight%
Inverness 34 $99,200 0.ix% three.7%
Longboat Key 35 $740,500 0.vii% 2.7%
Sanibel 36 $721,200 one.3% 0.1%
Quincy 37 $77,100 -2.iv% -sixteen.i%
Clewiston 38 $112,600 1.5% 2.5%
Westward Miami 39 $335,800 5.half dozen% 10.5%
Fruitland Park twoscore $228,200 18.nine% 27.6%
Southwest Ranches 41 $641,800 0.5% 2.2%
Green Cove Springs 42 $189,500 three.7% 19.1%
Arcadia 43 $105,900 1.6% 21.ii%
North Bay Village 44 $331,500 -0.5% 13.0%
Brooksville 45 $61,600 two.0% 25.7%
Indian Harbour Beach 46 $296,600 0.8% 9.9%
Lake Park 47 $201,400 0.0% 16.3%
Marathon 48 $425,200 -0.iv% ix.2%
Palm Beach 49 $1,177,100 0.half-dozen% 2.four%
Orangish Park 50 $180,800 0.6% 8.4%
Springfield 51 $111,700 -1.6% 3.1%
St. Pete Embankment 52 $462,500 0.2% 11.2%
Alachua 53 $179,500 0.7% 7.half dozen%
Milton 54 $129,000 2.3% -ane.5%
Palatka 55 $75,200 0.four% -3.7%
Greatcoat Canaveral 56 $244,900 one.0% eight.ii%
Sebring 57 $96,600 -ii.four% 13.viii%
Miami Shores 58 $558,700 -two.0% ix.i%
Avon Park 59 $70,300 0.7% 2.8%
Satellite Embankment 60 $300,200 1.iv% 10.2%
Lighthouse Point 61 $538,700 0.eight% two.0%
Minneola 62 $219,200 iv.5% 16.0%
Cocoa Beach 63 $318,000 0.7% 3.nine%
Lantana 64 $225,600 2.five% xv.3%
Florida Metropolis 65 $153,100 -1.iv% 6.8%
Orange City 66 $116,600 4.7% sixteen.3%
South Miami 67 $569,300 -ane.3% seven.7%
Lake City 68 $106,800 0.7% -3.3%
Holly Colina 69 $105,600 0.9% 9.1%
Gulfport 70 $185,600 0.iv% 10.7%
Fernandina Beach 71 $333,900 2.5% v.5%
Wilton Manors 72 $326,600 0.8% 2.4%
Panama City Beach 73 $243,300 0.5% six.1%
South Daytona 74 $146,800 ane.1% xviii.1%
Cardinal Biscayne 75 $1,211,000 -ane.1% -0.6%
North Palm Beach 76 $328,100 1.0% ten.six%
Atlantic Embankment 77 $362,300 1.3% 2.5%
Palmetto 78 $156,700 0.9% 27.8%
Groveland 79 $199,100 ix.7% 13.7%
Destin 80 $332,000 i.7% 4.7%
Mount Dora 81 $244,100 2.0% 0.5%
Miami Springs 82 $410,400 -i.vi% six.0%
St. Augustine 83 $271,000 2.1% 3.nine%
Oldsmar 84 $228,400 1.5% 17.4%
Longwood 85 $213,600 2.3% fourteen.0%
Callaway 86 $148,400 -1.5% 0.vii%
West Park 87 $174,800 0.6% 7.iv%
Niceville 88 $238,800 ii.2% x.1%
Lady Lake 89 $146,300 2.0% 5.eight%
Zephyrhills 90 $98,800 4.9% 4.2%
Auburndale 91 $180,800 three.0% 13.one%
Lake Wales 92 $167,400 i.9% 14.0%
Opa-Locka 93 $154,300 -one.7% 35.0%
Stuart 94 $185,700 0.4% 10.3%
New Port Richey 95 $87,500 1.vii% 13.viii%
Lake Mary 96 $320,100 2.i% eight.1%
Tavares 97 $144,900 3.four% thirteen.viii%
Vero Embankment 98 $259,800 ane.viii% 1.iv%
Maitland 99 $372,500 0.eight% 8.0%
Safety Harbor 100 $268,800 0.eight% 8.8%

How Is The Area In ?

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Source: https://www.homesnacks.com/best-places-to-buy-a-house-in-florida/

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