Hardee County, Florida Housing Market
In Hardee County, Florida, the median home value is $153,600, with a median monthly rent of $962. This places Hardee County at #2171 nationally out of 3134 counties by median home value, and #58 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $912
- Establishments: 567
- BLS QCEW, 2025
Housing Supply
- Single-family: 86
- Multi-family: 18
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,908 (avg $58,034)
- Outflow: 8,381 (avg $57,208)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Hardee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 33873 | 279.9 | -6.97% | 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.
📝 Local Market Notes
Hardee County presents a buyer-favorable market characterized by significant undervaluation relative to broader benchmarks. The price-to-income ratio of 2.54 sits well below the national 3.20 average, while the price-to-rent ratio of 13.3 falls substantially under the 18.7 national figure, indicating ownership economics favor buying over renting despite a rent burden of 19.1% that exceeds the 17.2% national rate. Median home values have surged from $81,200 in 2017 to $153,600 in 2024, an 89% cumulative increase driven by accelerated appreciation of 17.4% in 2022 and 18.7% in 2024, outpacing rent growth and compressing the price-to-rent multiple. At $153,600, median values remain 32.5% below the national average and 46.0% below the state average, while household income at $60,489 trails the national figure by only 11.0%, creating a pronounced value gap. The county's 71.4% owner-occupancy rate reflects this affordability advantage. A notable divergence exists between price appreciation and rental growth, with home
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| Metric | Hardee County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $153,600 | $284,325 | $227,706 |
| Median Gross Rent | $962 | $1,303 | $968 |
| Owner Occupancy Rate | 71.4% | 74.6% | 73.3% |
| Price/Rent Ratio | 13.3 | 17.6 | 18.7 |
Market Analysis
The median home value in Hardee County is 46.0% below the Florida state average and 32.5% below the U.S. national average. The median rent of $962/month is 26.2% below the state average.
With a price-to-rent ratio of 13.3, buying a home in Hardee County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Hardee County has an owner-occupancy rate of 71.4%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Benton County | Tennessee | $153,600 | $768 |
| Crawford County | Iowa | $153,700 | $743 |
| Wichita County | Texas | $153,700 | $1,006 |
| Webster County | Iowa | $153,800 | $785 |
| Yazoo County | Mississippi | $153,800 | $790 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lafayette County | $157,200 | $896 | 77.2% |
| Putnam County | $160,300 | $906 | 75.4% |
| Calhoun County | $145,300 | $779 | 78.8% |
| Union County | $169,500 | $894 | 74.7% |
| Glades County | $137,000 | $886 | 85.1% |
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).