Polk County, Florida Housing Market
In Polk County, Florida, the median home value is $266,500, with a median monthly rent of $1,363. This places Polk County at #802 nationally out of 3134 counties by median home value, and #36 within Florida.
How is this calculated?
Composite of 4 axes: Affordability (30%), Stability (25%), Momentum (25%), Vitality (20%), each normalized as a percentile rank across 3134 U.S. counties. Editorial rating only — not investment advice or a property valuation.
Market Phase classifies the current state of the market based on 5-year price growth and recent FHFA momentum: 🔥 Boom · 📈 Growth · ⚖️ Stable · ❄️ Cooling · 🌱 Recovering. This is a present-state classification, not a forecast.
📈 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: $1,111
- Establishments: 17,072
- BLS QCEW, 2025
Housing Supply
- Single-family: 6,725
- Multi-family: 1,511
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 313,432 (avg $64,136)
- Outflow: 289,200 (avg $64,478)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Polk County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 33850 | 353.6 | +8.60% | 2025 |
| 2 | 33827 | 415.5 | +16.58% | 2025 |
| 3 | 33844 | 319.6 | -14.32% | 2025 |
| 4 | 33837 | 418.6 | +27.58% | 2025 |
| 5 | 33868 | 369.3 | +20.06% | 2025 |
| 6 | 33830 | 352.5 | +4.06% | 2025 |
| 7 | 33805 | 391.8 | -2.48% | 2025 |
| 8 | 33812 | 323.4 | +6.66% | 2025 |
| 9 | 33813 | 316.8 | -4.32% | 2025 |
| 10 | 33801 | 371.9 | -2.88% | 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.
🔗 Explore Polk County on Our Sister Sites
Get the complete picture for Polk County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Polk County Compares
| Metric | Polk County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $266,500 | $284,325 | $227,706 |
| Median Gross Rent | $1,363 | $1,303 | $968 |
| Owner Occupancy Rate | 70.5% | 74.6% | 73.3% |
| Price/Rent Ratio | 16.3 | 17.6 | 18.7 |
Market Analysis
The median home value in Polk County is 6.3% below the Florida state average and 17.0% above the U.S. national average. The median rent of $1,363/month is 4.6% above the state average.
With a price-to-rent ratio of 16.3, the buy-vs-rent decision in Polk County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Polk County has an owner-occupancy rate of 70.5%, 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 |
|---|---|---|---|
| Blue Earth County | Minnesota | $266,700 | $1,123 |
| Berkeley County | West Virginia | $266,300 | $1,233 |
| Clermont County | Ohio | $266,200 | $1,107 |
| Douglas County | Nebraska | $266,100 | $1,201 |
| Gaston County | North Carolina | $266,000 | $1,153 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Franklin County | $273,300 | $1,049 | 80.9% |
| Wakulla County | $258,300 | $1,108 | 81.9% |
| Escambia County | $257,200 | $1,321 | 64.8% |
| Hernando County | $276,000 | $1,298 | 82.5% |
| Baker County | $256,700 | $1,302 | 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 2026-10-15. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).