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7 Florida Cities Where Home Prices Are Skyrocketing

·1 min read
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Shutterstock.com

Florida's population has boomed over the past decade, with nearly 3 million people moving to the Sunshine State from 2010 to 2020, according to moveBuddha. And as people flock to the state's various cities, home prices have shot up, too.

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MoveBuddha identified the fastest-growing cities in Florida, as well as how much home prices have risen in these cities in recent years. Here's a look at the seven Florida cities where home prices have increased by more than 50% from 2020 to 2022.

Michael Warren / Getty Images/iStockphoto
Michael Warren / Getty Images/iStockphoto

7. Palm Coast, Florida

  • Population growth from 2010 to 2020: 22.8%

  • Average home value in 2020: $237,635

  • Average home value in 2022: $358,590

  • Increase in home value from 2020 to 2022: 51%

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Shutterstock.com

6. Port Saint Lucie, Florida

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5. Saint Petersburg, Florida

Stephen Orsillo / Shutterstock.com
Stephen Orsillo / Shutterstock.com

4. Bonita Springs, Florida

BobPalosaari / Getty Images/iStockphoto
BobPalosaari / Getty Images/iStockphoto

3. Fort Myers, Florida

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Shutterstock.com

2. North Port, Florida

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Shutterstock.com

1. Cape Coral, Florida

This article originally appeared on GOBankingRates.com: 7 Florida Cities Where Home Prices Are Skyrocketing