Florida median home costs $381K, requiring 20.79 years to fully pay off.
Payoff time ↑ 1.71% since 2022 despite median income rising to $73K.
Housing affordability declines as property prices outpace income growth in the Sunshine State.
Population growth and housing demand continue, making renting more practical for many households.
Florida ranked 24th nationally for housing affordability decline, showing moderate challenges for buyers.

Florida Homeowners Achieve Full Ownership in 21 Years | Brought to you by The Cantrell Team
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