The median home price in Florida hit $410,000 in April, according to a report from the Florida Realtors trade group, further eroding the options for working-class residents to find housing.
All of Florida’s 22 metropolitan statistical areas experienced an increase in home prices over the past year, most in double digits, with prices continuing to rise. The statewide year-over-year increase was 21.8% percent, the report found.
Only the Tallahassee metro, with a median home price of $299,000, saw a decrease from its price in February, which was $306,950.
The Orlando-Kissimmee-Sanford MSA had the sixth-highest home prices, with a median of $425,000, a 23.9% raise. This is higher than April’s report from the Orlando Regional Realtor Association, which includes a broader coverage area than the MSA.
The report put Orlando above the Tampa region, with a median of $404,900, but below the Sarasota area’s $500,000.
