Best Place to Buy a House in Florida

Editor's note: This is not investment communication and we are non fiscal advisers. Article updated for 2021.

There's a the age old question everyone thinks about when they determine to motion to a urban center in Florida:

Should I buy a place or rent? Well, we aren't here today to solve that trouble for yous exactly. Nosotros are just assuming you'll do the right affair 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 identify to purchase a house as an investor. That is we are going to attempt and determine the up and coming cities in the Sunshine Land.

To do that we are going to await at places in Florida that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Florida at the moment? That would exist Flagler Beach co-ordinate to our assay.

Here's a expect at the elevation 10 places to buy a home in Florida for 2021.

What'southward the best place to purchase a home in Florida for 2021? According to our analysis, would the the ideal place to purchase a home looking into the future.

The methodology that wen't into this tin exist a flake complicated, so we'll break information technology down for you in every bit much detail as we can below. If you're not worried about finding a deal on good places to live, cheque out the about expensive places to live in Florida and, for those of you on a upkeep, the cheapest places to live in Florida.

For more Florida reading, check out:

• All-time Counties To Live In Florida
• Best Places To Heighten A Family unit In Florida
• Best Places To Retire In Florida

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

Population: v,002
Median Home Toll: $304,600
Population Change: 1.1%
Home Price Modify: sixteen.8%
More on Flagler Beach: Homes For Auction | Information

Population: v,088
Median Home Cost: $175,700
Population Change: 0.3%
Domicile Price Change: 4.viii%
More on South Pasadena: Homes For Auction | Data

Population: 5,106
Median Abode Cost: $95,300
Population Change: 0.vi%
Home Price Alter: 23.0%
More than on Labelle: Photos | Homes For Sale | Information

Source: Public Domain

Population: 5,127
Median Home Price: $152,800
Population Change: ii.2%
Home Price Alter: 5.2%
More on Kenneth Urban center: Homes For Sale | Data

Population: 5,145
Median Home Cost: $224,800
Population Change: two.2%
Home Cost Modify: 5.5%
More on Valparaiso: Photos | Homes For Sale | Data

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

Population: 5,393
Median Abode Price: $97,900
Population Change: 0.3%
Home Toll Change: xiii.iii%
More than on Starke: Homes For Sale | Information

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

Population: v,724
Median Home Price: $113,700
Population Modify: ane.5%
Home Price Alter: 4.1%
More on Okeechobee: Photos | Homes For Sale | Data

Population: v,725
Median Home Price: $625,500
Population Change: -1.6%
Home Cost Change: vii.5%
More than on Surfside: Photos | Homes For Auction | Data

How practise yous determine the best places to buy a home in Florida for 2021?

We were in real estate for almost five years and have been working on this site for some other three. Suffice is to say, nosotros've put a lot of idea into what goes into finding a skilful place to buy a dwelling house.

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

To practise that nosotros looked at the near recent American Community Survey Census data for 2015-2019 and compared information technology to the previous vintage (2012-2016). Specifically, we used the following criteria:

• Y-o-Y Modify In Population (People want to live here)
• Y-o-Y Modify In Median Home Prices (People are willing to pay for it)
• Home Prices Relative To The State Average (Information technology'southward yet 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:

• Home prices had to be within 20% of the state average (Much lower than that and you go to some of the more than dangerous places)
• Home prices increased in the last yr, and
• Above v,000 people (Bigger cities have more information points)

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

We then ranked each place from 1 to 220 for the criteria mentioned above with ane being the best for that criteria. Nosotros averaged the rankings to create a "all-time place to buy" alphabetize with the identify having the lowest index being the all-time. You can download the data here.

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

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In Florida for 2021

There's our analysis of the best places to purchase a house in Florida. And, to be clear, we aren't necessarily maxim these places are the best places to live, only that it looks like they might be in a couple of years based on the information.

In fact, every identify in the following table meets our criteria, so even though it may not look super long, call back we started off with all 0 places in the state.

So if we'd could hire or purchase in these cities, nosotros'd definitely buy.

For more than Florida reading, check out:

• Richest Cities In Florida
• Safest Places In Florida

Detailed Listing Of The All-time Places To Buy A Home In Florida

City	Rank	Median Home Toll	Population Change	Dwelling house Toll Increase
Flagler Beach	one	$304,600	1.ane%	xvi.8%
South Pasadena	2	$175,700	0.3%	four.8%
Labelle	iii	$95,300	0.half dozen%	23.0%
Kenneth City	4	$152,800	2.2%	5.2%
Valparaiso	five	$224,800	2.2%	5.5%
S Bay	6	$83,100	0.eight%	1.1%
Starke	vii	$97,900	0.iii%	13.3%
Fellsmere	eight	$108,500	-0.ane%	8.4%
Okeechobee	9	$113,700	1.v%	four.ane%
Surfside	10	$625,500	-one.6%	vii.5%
Mascotte	11	$157,700	3.4%	26.9%
Lake Alfred	12	$142,700	4.0%	22.1%
Bay Harbor Islands	13	$362,300	-1.3%	-7.1%
Newberry	xiv	$175,600	ii.7%	half dozen.vi%
High Springs	15	$167,800	1.8%	8.4%
Tequesta	16	$381,100	1.0%	6.1%
Fort Meade	17	$77,900	one.five%	iv.ane%
Pahokee	18	$97,000	1.seven%	7.3%
Defuniak Springs	nineteen	$121,700	3.v%	-6.ix%
Gulf Breeze	20	$371,600	2.6%	ix.3%
Macclenny	21	$140,600	1.7%	14.five%
Lauderdale-By-The-Sea	22	$441,000	0.5%	-0.5%
Pembroke Park	23	$84,400	0.8%	-0.1%
Wildwood	24	$169,100	4.three%	56.4%
Treasure Island	25	$382,200	0.2%	0.6%
Live Oak	26	$110,600	0.0%	24.vii%
Perry	27	$ninety,800	-0.4%	7.3%
Marianna	28	$88,200	-4.seven%	-1.3%
St. Augustine Embankment	29	$415,400	0.7%	6.v%
Belle Isle	30	$321,700	2.1%	2.viii%
Fort Myers Embankment	31	$448,100	i.ii%	12.8%
Neptune Beach	32	$401,000	0.three%	5.1%
Dade Metropolis	33	$106,300	two.2%	11.eight%
Inverness	34	$99,200	0.9%	3.vii%
Longboat Key	35	$740,500	0.seven%	two.7%
Sanibel	36	$721,200	1.three%	0.i%
Quincy	37	$77,100	-two.4%	-sixteen.1%
Clewiston	38	$112,600	1.5%	2.5%
Westward Miami	39	$335,800	5.6%	10.five%
Fruitland Park	twoscore	$228,200	18.ix%	27.vi%
Southwest Ranches	41	$641,800	0.five%	ii.two%
Green Cove Springs	42	$189,500	three.seven%	19.1%
Arcadia	43	$105,900	1.6%	21.2%
North Bay Hamlet	44	$331,500	-0.5%	13.0%
Brooksville	45	$61,600	two.0%	25.vii%
Indian Harbour Embankment	46	$296,600	0.8%	9.9%
Lake Park	47	$201,400	0.0%	16.3%
Marathon	48	$425,200	-0.four%	9.two%
Palm Beach	49	$i,177,100	0.vi%	2.4%
Orange Park	50	$180,800	0.6%	8.4%
Springfield	51	$111,700	-i.6%	3.one%
St. Pete Beach	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	0.4%	-iii.7%
Cape Canaveral	56	$244,900	1.0%	8.two%
Sebring	57	$96,600	-2.four%	13.eight%
Miami Shores	58	$558,700	-2.0%	9.1%
Avon Park	59	$70,300	0.seven%	2.eight%
Satellite Embankment	lx	$300,200	i.4%	10.two%
Lighthouse Point	61	$538,700	0.eight%	2.0%
Minneola	62	$219,200	4.5%	xvi.0%
Cocoa Beach	63	$318,000	0.7%	3.9%
Lantana	64	$225,600	2.5%	15.3%
Florida City	65	$153,100	-1.4%	6.eight%
Orange City	66	$116,600	4.7%	sixteen.3%
Due south Miami	67	$569,300	-ane.3%	7.seven%
Lake Metropolis	68	$106,800	0.vii%	-three.three%
Holly Hill	69	$105,600	0.9%	9.1%
Gulfport	seventy	$185,600	0.4%	ten.7%
Fernandina Beach	71	$333,900	ii.5%	5.5%
Wilton Manors	72	$326,600	0.8%	2.iv%
Panama Urban center Beach	73	$243,300	0.v%	half-dozen.1%
South Daytona	74	$146,800	ane.1%	18.1%
Key Biscayne	75	$1,211,000	-one.ane%	-0.6%
North Palm Beach	76	$328,100	ane.0%	10.6%
Atlantic Beach	77	$362,300	1.3%	two.five%
Palmetto	78	$156,700	0.nine%	27.8%
Groveland	79	$199,100	nine.7%	xiii.vii%
Destin	80	$332,000	1.7%	four.7%
Mount Dora	81	$244,100	ii.0%	0.v%
Miami Springs	82	$410,400	-1.6%	six.0%
St. Augustine	83	$271,000	2.1%	3.9%
Oldsmar	84	$228,400	ane.5%	17.4%
Longwood	85	$213,600	2.3%	14.0%
Callaway	86	$148,400	-ane.five%	0.7%
W Park	87	$174,800	0.6%	seven.4%
Niceville	88	$238,800	ii.2%	10.1%
Lady Lake	89	$146,300	2.0%	5.eight%
Zephyrhills	90	$98,800	4.9%	iv.2%
Auburndale	91	$180,800	iii.0%	13.1%
Lake Wales	92	$167,400	1.9%	14.0%
Opa-Locka	93	$154,300	-ane.7%	35.0%
Stuart	94	$185,700	0.4%	x.3%
New Port Richey	95	$87,500	1.7%	xiii.8%
Lake Mary	96	$320,100	2.one%	8.1%
Tavares	97	$144,900	3.four%	thirteen.viii%
Vero Beach	98	$259,800	1.8%	1.4%
Maitland	99	$372,500	0.8%	eight.0%
Safety Harbor	100	$268,800	0.eight%	8.eight%

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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