Explore Florida City, FL - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
6.78%
Investor Friendly Score
6.78%
Median Price
$395,490

Market Insights

With 8.1 months of inventory, Florida City is currently in a buyer's market. The median home price of $395,490 represents a moderate 6.9% increase from this time last year. With 8.1 months of supply, Florida City's inventory levels remain relatively tight. Homes are now taking an average of 80 days to sell, significantly longer than the 38 days typical for this market. A significant 22.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Florida City market with the affordability index at 259.3. Looking ahead, the Florida City market is expected to maintain its current trajectory with relatively stable conditions.

Demographics market for - Florida City, FL

Total Population -

16,196

White Population

27.41%

Black Population

38.68%

Mexican41.43% (14.05% of total population)
Puerto Rican2.51% (0.85% of total population)
Cuban15.98% (5.42% of total population)
Dominican2.79% (0.94% of total population)
Salvadoran13.49% (4.58% of total population)
Costa Rican0%
Gautemalan2.04% (0.69% of total population)
Honduran2.75% (0.93% of total population)
Nicaraguan7.45% (2.53% of total population)
Panamanian0%
Argentinean0.75% (0.25% of total population)
Bolivian0%
Chilean0%
Colombian9.56% (3.24% of total population)
Ecuadorian0%
Peruvian0.40% (0.14% of total population)
Uruguyan0%
Venezuelan0.86% (0.29% of total population)

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Florida City, FL

Motor Vehicle Theft1.16%
Burglary/Breaking & Entering11.63%
Larceny/Theft Offenses73.26%
Destruction/Damage/Vandalism of Property12.79%
Stolen Property Offenses1.16%

Assault Offenses100.00%

Robbery100.00%

Counterfeiting/Forgery25.00%
Fraud Offenses75.00%

Real Estate Market Prediction for - Florida City, FL

City Hotspots
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