Flagler County, Florida Housing Market

In Flagler County, Florida, the median home value is $364,900, with a median monthly rent of $1,722. This places Flagler County at #374 nationally out of 3134 counties by median home value, and #16 within Florida.

Median Home Value $364,900
Median Rent $1,722/mo
Owner Occupancy 83.0%
Price/Rent Ratio 17.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Flagler County fell -3.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

24,343
jobs (private sector)
  • Avg weekly wage: $998
  • Establishments: 3,371
  • BLS QCEW, 2025
🏗️

Housing Supply

2,586
new units authorized (2025)
  • Single-family: 1,950
  • Multi-family: 636
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+6827
net migration (filers, 2021-2022)
  • Inflow: 57,642 (avg $89,917)
  • Outflow: 50,815 (avg $86,301)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Flagler County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 32180 368.4 — 2025
2 32110 374.6 -3.41% 2025
3 32080 393.7 +3.36% 2025
4 32136 383.8 -4.07% 2025
5 32174 339.3 +3.14% 2025
6 32137 304.9 -2.89% 2025
7 32164 296.3 -2.54% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Flagler County Compares

MetricFlagler CountyFlorida AverageU.S. Average
Median Home Value $364,900 $284,325 $227,706
Median Gross Rent $1,722 $1,303 $968
Owner Occupancy Rate 83.0% 74.6% 73.3%
Price/Rent Ratio 17.7 17.6 18.7

Market Analysis

The median home value in Flagler County is 28.3% above the Florida state average and 60.3% above the U.S. national average. The median rent of $1,722/month is 32.2% above the state average.

With a price-to-rent ratio of 17.7, the buy-vs-rent decision in Flagler County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Flagler County has an owner-occupancy rate of 83.0%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Mineral County Montana $364,300 $801
Orange County Virginia $364,200 $1,205
Chesterfield County Virginia $366,000 $1,629
Lyon County Nevada $366,100 $1,326
Kent County Rhode Island $366,100 $1,327

Other Counties in Florida

CountyMedian Home ValueMedian RentOwner Occ.
Lee County $362,200 $1,712 74.3%
Hillsborough County $371,500 $1,667 61.5%
Pinellas County $355,100 $1,642 69.5%
Osceola County $353,300 $1,746 65.3%
Indian River County $351,500 $1,357 80.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).