Pompano Beach, FL—33062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pompano Beach, FL
As of Oct '25, the median home price in Pompano Beach, FL is $472,000, with a year-over-year change of -5.2%. This indicates that home prices in Pompano Beach, FL are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $472,000 | -5.2% |
| Single Family | $876,000 | -2.9% |
| Condos | $407,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $250,000 | -6.4% |
2 Bed | $451,000 | -5.6% |
3 Bed | $1,043,000 | -3.2% |
4 Bed | $1,480,000 | -0.3% |
| 5 Bed | $3,273,000 | -1.9% |
% of Housing Stock
Rental Trends — Pompano Beach, FL
As of July '25, Rentcast reports the average rent in Pompano Beach, FL is $3,560, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Pompano Beach, FL is studios: $1,700, 1-bedrooms: $2,340, 2-bedrooms: $3,390, 3-bedrooms: $6,140, 4-bedrooms: $7,210. The most common rental property sizes in Pompano Beach, FL are 2-bedroom and 1-bedroom, accounting for 49.4% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,560 |
| Studio Rent | $1,750 | $1,700 |
| 1 Bed Rent | $2,200 | $2,340 |
| 2 Bed Rent | $3,000 | $3,390 |
| 3 Bed Rent | $5,900 | $6,140 |
| 4 Bed Rent | $7,500 | $7,210 |
% of Rental Stock
Property Listings — Pompano Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pompano Beach, FL is 89. This is a increase of 16.0% 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 | $578,000 | -6.0% |
Listing Count | 773 | 12.0% |
| Listings as % of Homes | 2.1% | 12.0% |
Days on Market | 89 | 16.0% |
Demographics — Pompano Beach, FL
As of the latest ACS Survey released in 2023, Pompano Beach, FL has a population of 25,500, which has increased by 15.8% over the past 5 years. Pompano Beach, FL is a less popular place for families, as children make up 7.5% of the population. The area has a highly educated workforce, with 47.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,500 | 15.8% |
% Under 18 | 7.5% | -6.2% |
% Seniors | 38.5% | -4.9% |
% WFH | 27.1% | 155.7% |
% w/ College Degree | 47.7% | 12.0% |
As of the latest ACS Survey released in 2023, Pompano Beach, FL is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Pompano Beach, FL is hispanic, making up 16.5% of the population. Foreign-born residents account for 21.7% of the population in Pompano Beach, FL, and this percentage has increased by 11.3% 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 | 75.5% | -11.3% |
% Black | 3.3% | 32.0% |
% Hispanic | 16.5% | 68.4% |
% Asian | 0.6% | -33.3% |
% Foreign Born | 21.7% | 11.3% |
Mortgage and Risk — Pompano Beach, FL
According to HUD data as of 2023, there were 477 mortgage originations in Pompano Beach, FL, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Pompano Beach, FL. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 477 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 3.0% |
% Second Loans | 22.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Pompano Beach, FL
As of 2024, the percent of homes in Pompano Beach, FL under the Section 8 program is 1.8%. 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. In Pompano Beach, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 95 |
Total Units Section 8 | 95 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $2,200 | $2,190 |
| 2 Bedroom | -$290 | $3,000 | $2,710 |
| 3 Bedroom | -$2,160 | $5,900 | $3,740 |
| 4 Bedroom | -$2,950 | $7,500 | $4,550 |
Affordability — Pompano Beach, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $472,000 |
| Median Household Income | $83,000 |