Florida Home Prices Are Falling. Here’s Where, and by How Much.
Not a forecast — the recorded MLS result. Median community price change for the 12 months ending August 15, 2026, county by county, alongside the price cuts sellers are making and what actually sold.
The quick answer
Florida home prices fell in 14 of the 14 largest counties over the 12 months ending August 15, 2026 — by single-digit percentages, from −1.3% (Lake) to −7.1% (Lee) — while those same counties recorded 168,014 closings. That combination is the signature of a repricing market, not a frozen one: homes sell in volume, at prices buyers set. The pressure shows up most vividly in the failure data — 201,552 listings statewide ended canceled, expired, or withdrawn in the same window, and 71.6% of them had already cut asking price at least once.
| County | 1-yr price change | Median days on market | Closings |
|---|---|---|---|
| Lee | -7.1% | 70 days | 27,160 |
| Hillsborough | -6.5% | 48 days | 10,547 |
| Collier | -5.5% | 72 days | 9,529 |
| Pasco | -5.3% | 51 days | 6,693 |
| Pinellas | -5.1% | 57 days | 10,957 |
| Orange | -4.9% | 56 days | 12,911 |
| St. Lucie | -4.4% | 70 days | 7,687 |
| Broward | -3.4% | 61 days | 10,820 |
| Duval | -3.0% | 49 days | 13,001 |
| Miami-Dade | -2.9% | 57 days | 16,814 |
| Brevard | -2.8% | 46 days | 11,296 |
| St. Johns | -2.7% | 60 days | 8,008 |
| Palm Beach | -2.2% | 57 days | 15,791 |
| Lake | -1.3% | 64 days | 6,800 |
Sorted deepest decline first. Median of community-level medians per county; individual communities within a county vary widely — check yours on our community pages, or see the interactive county map.
Falling prices and price cuts are different data
Price change above measures what closed sales did year over year. Price cuts measure seller behavior on the way there — and the failure record shows cuts arriving late: most sellers who ultimately failed had already reduced at least once, which is what late, small corrections look like in data. The takeaway cuts both ways. Buyers: list prices in declining counties often still trail the closing reality — recent closed comps are the number that matters. Sellers: our failed-listing breakdown shows what the 201,552 had in common, and our should-I-sell page puts your county’s figures next to the decision.
No prediction of where prices go next — this is recorded history for a stated window, refreshed monthly. County medians mask enormous community-level spread: communities with heavy new-construction competition behave differently from built-out ones a mile away, which is exactly why the community-level tables on our neighborhood pages exist. And one year of decline says nothing about any specific house’s value — comps do.
Methodology: county market figures aggregate per-community MLS statistics for the 12 months ending August 15, 2026 (median community 1-year price change, median community days-on-market, closings as recorded) across the MLS feeds Momentum Realty licenses. "Failed listings" are MLS records that ended Canceled, Expired, or Withdrawn without a recorded closing, deduplicated. Compiled from MLS records; deemed reliable but not guaranteed. This page reports recorded history only — it makes no predictions — and is general information, not advice about any specific property. Updated monthly; next refresh September 2026.