Fleming Island, Florida Housing Market Prices
Fleming Island Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 12% below the Florida median$272,494
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Median rent 15% above the Florida median$1,914
Housing Market Overview
| Metric | Fleming Island | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $272,494 | $311,338 | $248,835 |
| Price Trend (Annual %) | 9.3% | 11.2% | 7.5% |
| Median Gross Rent | $1,914 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Fleming Island is about 12% lower than in Florida. Rent is about 15% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Fleming Island, up about 9.3% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Fleming Island rose about 34.4% between 2015 and 2024, from $1,424 to $1,914. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Fleming Island.
Buying the median-priced home in Fleming Island costs roughly 11.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Fleming Island. The price-to-rent ratio in Florida is about 15.6.
| Metric | Fleming Island | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $272,494 | $311,338 | $248,835 |
| Median Household Income | $118,854 | $74,580 | $80,455 |
| Price-to-Income Ratio | 2.3 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Fleming Island rose about 72.3%, while median household income rose about 33.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Fleming Island | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 80.9% | 57.7% | 58.5% |
| Rental Rate | 14.4% | 27.7% | 31.2% |
| Vacancy Rate | 4.7% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Fleming Island has a homeownership rate of 80.9%, higher than the Florida average of 57.7%. Its housing vacancy rate is 4.7%, compared with 14.6% in Florida.
Housing Stock
| Metric | Fleming Island | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2001 | 1988 | 1978 |
| Median Number of Rooms | 7.1 | 5.2 | 5.5 |
The typical housing unit in Fleming Island was built around 2001. On average, 2.6 people live in a home with about 7.1 rooms, staying for about 13.0 years on average.
Fleming Island, FL Housing Compared With Nearby Cities
How Fleming Island, FL compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Fleming Island, FL | 29,665 | $272,494 #3/3 | $1,914 #2/3 | 84.8% #2/3 |
| Lakeside, FL | 29,908 | $335,125 | $1,486 | 69.3% |
| Fruit Cove, FL | 34,447 | $366,003 | $2,300 | 89.0% |
Frequently Asked Questions
Common questions about the housing market in Fleming Island, Florida.
What is the median home price in Fleming Island, Florida?
The median home price in Fleming Island, Florida is $272,494, lower than the Florida average of $311,338.
What is the average home price in Fleming Island, Florida?
The typical home price in Fleming Island, Florida, reported as the median sale price, is $272,494. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Fleming Island, Florida?
The median gross rent in Fleming Island, Florida is $1,914 per month, higher than the Florida average of $1,668.
What was the median gross rent in Fleming Island in 2020?
In 2020, the median gross rent in Fleming Island, Florida was $1,458 per month.
What is the price-to-rent ratio in Fleming Island, Florida?
The price-to-rent ratio in Fleming Island, Florida is about 11.9, meaning it would take roughly 11.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Fleming Island.
Are home prices or rent rising faster in Fleming Island, Florida?
Both home prices and rent are rising in Fleming Island, up about 9.3% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Fleming Island, Florida?
80.9% of households in Fleming Island, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Fleming Island, Florida?
The housing vacancy rate in Fleming Island, Florida is 4.7%, lower than the Florida average of 14.6%.
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