realestate

Florida City Tops State in Real Estate Market Performance

WalletHub releases 2025 report on top US real estate markets, with a Florida city taking the top spot.

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alletHub's 2025 report on the best real estate markets in the nation has revealed that Florida's Port St. Lucie is ranked as the top city in the state, coming in at number 14 nationwide. According to WalletHub analyst Chip Lupo, a balanced housing market with rising home values and long-term stability are key factors in determining a city's health. The study considers various metrics such as days on the market, home value forecasts, vacancy rates, and affordability.

    McKinney, Texas, took the top spot overall due to its recent growth, new housing options, and affordable median home prices. Port St. Lucie excelled in terms of affordability and economic environment, making it a standout in Florida. Other notable mentions from the state include Miami Beach, which had the highest number of median days on the market nationwide, and Palm Bay, which tied for the highest foreclosure rate.

    The top 10 cities in Florida according to WalletHub's ranking are:

    14. Port St. Lucie (66.25)

    37. Tampa (61.22)

    48. Miami (60.21)

    60. Orlando (59.16)

    69. Davie (58.49)

    73. Hialeah (58.18)

    96. St. Petersburg (56.96)

    119. Palm Bay (55.33)

    134. Miami Gardens (54.72)

    142. Gainesville (54.37)

    The study highlights the importance of considering factors beyond current home prices when evaluating a city's real estate market, and notes that the best cities may not always be the cheapest but offer excellent housing options and long-term stability.

Florida city skyline with real estate market charts and statistics displayed prominently.