The latest survey from Construction Coverage shows the 2026 edition of the hottest real estate markets in the U.S., revealing where demand is still surging despite a national slowdown.
While home sales are down 8.3% year-over-year and price growth has cooled to just 1.1%, certain markets—especially in the Northeast—remain highly competitive, with homes selling quickly and often above asking.
But Florida is ranked near the bottom of the list for slower sales demand.
Top Florida cities like Jacksonville, Tampa, and Miami are seeing significant downturns in the housing market.
In the survey, Jacksonville ranks 52nd out of 52 large cities, signaling relatively low demand amidst a cooling national housing market.
Home Price + Growth in Jacksonville: The median home price in Jacksonville is $282,000, with prices changing -2.1% year over year—well below the national increase of 1.6%.
Competition and Speed of Market: 14.0% of Jacksonville homes are selling above asking, with a median 69.4 days on market. Nationally, 27.0% of homes are selling above asking, with a median 48.7 days on market.
After more than two years of stiff competition and fast-rising prices, the U.S. residential housing market experienced a rapid cooldown throughout the latter half of 2022 and the early months of 2023.
Subsequently, after a turbulent few years of price surges, rapid cooldowns, and fluctuating mortgage rates, the U.S. housing market is entering 2026 with a new set of dynamics.
How Have Home Sale Prices Changed Over Time?
After a period of continued growth in 2024, home sale prices have cooled
As high mortgage rates continue to challenge affordability, home sale prices are plateauing. During the COVID-19 pandemic, home values soared, with year-over-year price growth peaking at 26.3% in May 2021 before gradually slowing. By late 2022, annual growth had fallen to just 1.0%, and by April 2023, prices had declined 4.1% from the previous year. After a period of growth in 2024 and recovering to historical norms, price growth has since cooled. As of January 2026, home prices were just 1.1% higher than the year prior.
