Hallandale, FL—33009
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hallandale, FL
As of Oct '25, the median home price in Hallandale, FL is $282,000, with a year-over-year change of -11.0%. This indicates that home prices in Hallandale, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | -11.0% |
| Single Family | $458,000 | -3.0% |
| Condos | $251,000 | -12.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $185,000 | -13.1% |
2 Bed | $313,000 | -10.8% |
3 Bed | $565,000 | -5.4% |
4 Bed | $617,000 | -0.6% |
| 5 Bed | $2,934,000 | -3.2% |
% of Housing Stock
Rental Trends — Hallandale, FL
As of July '25, Rentcast reports the average rent in Hallandale, FL is $3,110, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Hallandale, FL is studios: $1,520, 1-bedrooms: $2,230, 2-bedrooms: $3,280, 3-bedrooms: $5,260, 4-bedrooms: $4,290. The most common rental property sizes in Hallandale, FL are 2-bedroom and 1-bedroom, accounting for 42.9% and 41.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,110 |
| Studio Rent | $1,450 | $1,520 |
| 1 Bed Rent | $2,000 | $2,230 |
| 2 Bed Rent | $2,700 | $3,280 |
| 3 Bed Rent | $4,800 | $5,260 |
| 4 Bed Rent | $3,800 | $4,290 |
% of Rental Stock
Property Listings — Hallandale, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hallandale, FL is 112. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $332,000 | -7.0% |
Listing Count | 1,230 | 23.0% |
| Listings as % of Homes | 2.2% | 23.0% |
Days on Market | 112 | 27.0% |
Demographics — Hallandale, FL
As of the latest ACS Survey released in 2023, Hallandale, FL has a population of 44,000, which has increased by 6.7% over the past 5 years. Hallandale, FL is a moderately popular place for families, as children make up 17.3% of the population. The area has a moderately educated workforce, with 35.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,000 | 6.7% |
% Under 18 | 17.3% | -0.6% |
% Seniors | 23.5% | -3.3% |
% WFH | 12.0% | 300.0% |
% w/ College Degree | 35.9% | 19.7% |
As of the latest ACS Survey released in 2023, Hallandale, FL is a predominantly white area, with 38.8% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Hallandale, FL is hispanic, making up 38.8% of the population. Foreign-born residents account for 50.8% of the population in Hallandale, FL, and this percentage has increased by 5.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 38.8% | -8.1% |
% Black | 17.8% | -7.3% |
% Hispanic | 38.8% | 6.9% |
% Asian | 1.3% | -27.8% |
% Foreign Born | 50.8% | 5.2% |
Mortgage and Risk — Hallandale, FL
According to HUD data as of 2023, there were 428 mortgage originations in Hallandale, FL, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Hallandale, FL. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 428 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 6.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hallandale, FL
As of 2024, the percent of homes in Hallandale, FL under the Section 8 program is 4.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hallandale, FL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 405 |
Total Units Section 8 | 399 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 89.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $2,000 | $1,870 |
| 2 Bedroom | -$380 | $2,700 | $2,320 |
| 3 Bedroom | -$1,600 | $4,800 | $3,200 |
| 4 Bedroom | $100 | $3,800 | $3,900 |
Affordability — Hallandale, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $282,000 |
| Median Household Income | $48,200 |