Florahome, FL—32140
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Florahome, FL
As of Oct '25, the median home price in Florahome, FL is $208,000, with a year-over-year change of -2.3%. This indicates that home prices in Florahome, FL are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | -2.3% |
| Single Family | $208,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $277,000 | 1.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Florahome, FL
Florahome, FL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Florahome, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Florahome, FL is 112. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | -2.0% |
Listing Count | 13 | 44.0% |
| Listings as % of Homes | 0.7% | 44.0% |
Days on Market | 112 | 11.0% |
Demographics — Florahome, FL
As of the latest ACS Survey released in 2023, Florahome, FL has a population of 1,560, which has increased by 11.8% over the past 5 years. Florahome, FL is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 10.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,560 | 11.8% |
% Under 18 | 22.1% | 166.3% |
% Seniors | 18.8% | -40.7% |
% WFH | 10.4% | 940.0% |
% w/ College Degree | 10.8% | 120.4% |
As of the latest ACS Survey released in 2023, Florahome, FL is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Florahome, FL is black, making up 4.7% of the population. Foreign-born residents account for 0.0% of the population in Florahome, FL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.4% | -9.4% |
% Black | 4.7% | ∞% |
% Hispanic | 1.7% | 0.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Florahome, FL
According to HUD data as of 2023, there were 52 mortgage originations in Florahome, FL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Florahome, FL. Investor activity is low, as 4.0% of loans were by investors. 31.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 31.0% |
Loan Activity
Rentals and Section 8 — Florahome, FL
Florahome, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,270 |
| 2 Bedroom | N/A | N/A | $1,510 |
| 3 Bedroom | N/A | N/A | $1,900 |
| 4 Bedroom | N/A | N/A | $2,430 |
Affordability — Florahome, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $208,000 |
| Median Household Income | $35,000 |