Horizon West, Florida Housing Market Prices
Horizon West 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 84% above the Florida median$571,807
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Median rent 43% above the Florida median$2,381
Housing Market Overview
| Metric | Horizon West | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $571,807 | $311,338 | $248,835 |
| Price Trend (Annual %) | 50.2% | 11.2% | 7.5% |
| Median Gross Rent | $2,381 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 7.2% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Horizon West is about 84% higher than in Florida. Rent is about 43% 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 Horizon West, up about 50.2% and 7.2% a year respectively. Home prices are changing faster.
Median rent in Horizon West rose about 80.8% between 2015 and 2024, from $1,317 to $2,381. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.7 yearly household incomes in Horizon West.
Buying the median-priced home in Horizon West costs roughly 20.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Horizon West. The price-to-rent ratio in Florida is about 15.6.
| Metric | Horizon West | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $571,807 | $311,338 | $248,835 |
| Median Household Income | $122,343 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.7 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Horizon West rose about 308.1%, while median household income rose about 57.2% 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 | Horizon West | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.9% | 57.7% | 58.5% |
| Rental Rate | 31.9% | 27.7% | 31.2% |
| Vacancy Rate | 9.2% | 14.6% | 10.2% |
| Median Tenure (years) | 9.0 | 13.0 | 15.0 |
| Median Year Moved In | 2017 | 2013 | 2011 |
Horizon West has a homeownership rate of 58.9%, higher than the Florida average of 57.7%. Its housing vacancy rate is 9.2%, compared with 14.6% in Florida.
Housing Stock
| Metric | Horizon West | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.05 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2013 | 1988 | 1978 |
| Median Number of Rooms | 6.5 | 5.2 | 5.5 |
The typical housing unit in Horizon West was built around 2013. On average, 3.0 people live in a home with about 6.5 rooms, staying for about 9.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Horizon West, Florida.
What is the median home price in Horizon West, Florida?
The median home price in Horizon West, Florida is $571,807, higher than the Florida average of $311,338.
What is the average home price in Horizon West, Florida?
The typical home price in Horizon West, Florida, reported as the median sale price, is $571,807. 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 Horizon West, Florida?
The median gross rent in Horizon West, Florida is $2,381 per month, higher than the Florida average of $1,668.
What was the median gross rent in Horizon West in 2020?
In 2020, the median gross rent in Horizon West, Florida was $1,853 per month.
What is the price-to-rent ratio in Horizon West, Florida?
The price-to-rent ratio in Horizon West, Florida is about 20.0, meaning it would take roughly 20.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Horizon West.
Are home prices or rent rising faster in Horizon West, Florida?
Both home prices and rent are rising in Horizon West, up about 50.2% and 7.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Horizon West, Florida?
58.9% of households in Horizon West, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Horizon West, Florida?
The housing vacancy rate in Horizon West, Florida is 9.2%, lower than the Florida average of 14.6%.
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