FL Cities With The Most Rapidly Growing Home Prices: Report

FLORIDA — Homeowners in Florida have been nervous about the value of their homes since interest rates began climbing last year, pricing some would-be buyers out of the market.

But dozens of cities saw soaring price increases, with one city's home values soaring more than a million dollars in one year.

A new report compiled by media organization Stacker uses Zillow data to find out how the state's real estate demographics have fluctuated over the past year.

Data was available for 609 cities and towns in Florida. Home values in the top city on the list grew by $1,216,309 over the last 12 months.

Nearly half of Florida cities with the fastest growing prices are in the Miami-Fort Lauderdale area, with another ten on Key West.

Here's a glance at the top 10:

1. Jupiter Island - Typical home value: $9,068,339; 1-year price change: +$1,216,309 (+15.5%)
2. Golden Beach - Typical home value: $6,517,728; 1-year price change: +$1,082,631 (+19.9%)
3. Manalapan - Typical home value: $3,959,647; 1-year price change: +$784,247 (+24.7%)
4. Boca Grande - Typical home value: $3,286,761; 1-year price change: +$560,579 (+20.6%)
5. Jupiter Inlet Colony - Typical home value: $3,407,120; 1-year price change: +$522,198 (+18.1%)
6. Palm Beach - Typical home value: $1,852,185; 1-year price change: +$516,517 (+38.7%)
7. Fisher Island - Typical home value: $3,575,618; 1-year price change: +$505,209 (+16.5%)
8. Lake Buena Vista - Typical home value: $4,577,409; 1-year price change: +$446,873 (+10.8%)
9. Golf - Typical home value: $2,263,800; 1-year price change: +$436,241 (+23.9%)
10. Pinecrest - Typical home value: $1,755,989; 1-year price change: +$411,799 (+30.6%)

See the full report, including the top 50 Florida cities, on Stacker.