Market Overview
Home Prices in Tavares, FL
The median home value in Tavares, FL is $311,326 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tavares are priced24% below average. Tavares is part of the Orlando-Kissimmee-Sanford, FL metro area.
Over the past five years, Tavares home values have risen by approximately25.2%, reflecting strong long-term appreciation in this market.
Price History
Tavares Home Price Trend
City Comparison
Tavares vs. National Median
At $311,326, homes in Tavares cost 24% below the national median of $410,000. This makes Tavares a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tavares?
20% Down Payment
$62,265
on $311,326
Monthly P&I
$1,624/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,062/mo
incl. taxes & insurance
Income Needed
$82,480
gross annual (30% rule)
10% Down Option
$31,133
+ PMI applies
Loan Amount (20% dn)
$249,061
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Tavares, FL?
The median home value in Tavares is $311,326 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Tavares?
Over the past year, home values in Tavares have decreased by 2.4%. Over five years, prices have risen approximately 25.2%.
How much do I need to earn to buy a home in Tavares?
To comfortably afford the median home price of $311,326 with a 20% down payment ($62,265) at today's rates (6.8%), you'd need a gross annual income of approximately $82,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Tavares compare to the national average home price?
The national median home value is approximately $410,000. At $311,326, homes in Tavares are 24% below the national average.
What metro area is Tavares part of?
Tavares is part of the Orlando-Kissimmee-Sanford, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.