Coconut Creek, FL—33073
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Coconut Creek, FL
Home Price Trends — Coconut Creek, FL
As of Oct '25, the median home price in Coconut Creek, FL is $521,000, with a year-over-year change of -4.8%. This indicates that home prices in Coconut Creek, FL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $521,000 | -4.8% |
| Single Family | $564,000 | -4.7% |
| Condos | $241,000 | -8.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $176,000 | -10.7% |
2 Bed | $248,000 | -9.2% |
3 Bed | $506,000 | -4.7% |
4 Bed | $642,000 | -3.6% |
| 5 Bed | $794,000 | -3.6% |
% of Housing Stock
Rental Trends — Coconut Creek, FL
As of July '25, Rentcast reports the average rent in Coconut Creek, FL is $2,740, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Coconut Creek, FL is 1-bedrooms: $1,840, 2-bedrooms: $2,220, 3-bedrooms: $3,290, 4-bedrooms: $3,940. The most common rental property sizes in Coconut Creek, FL are 2-bedroom and 3-bedroom, accounting for 41.5% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,480 | $2,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,840 |
| 2 Bed Rent | $2,200 | $2,220 |
| 3 Bed Rent | $3,300 | $3,290 |
| 4 Bed Rent | $3,750 | $3,940 |
% of Rental Stock
Property Listings — Coconut Creek, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Coconut Creek, FL is 72. This is a increase of 28.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $509,000 | -7.0% |
Listing Count | 130 | 7.0% |
| Listings as % of Homes | 0.7% | 7.0% |
Days on Market | 72 | 28.0% |
Demographics — Coconut Creek, FL
As of the latest ACS Survey released in 2023, Coconut Creek, FL has a population of 33,000, which has decreased by -4.8% over the past 5 years. Coconut Creek, FL is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 38.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,000 | -4.8% |
% Under 18 | 22.4% | -15.8% |
% Seniors | 11.6% | 23.4% |
% WFH | 16.1% | 283.3% |
% w/ College Degree | 38.4% | 9.7% |
As of the latest ACS Survey released in 2023, Coconut Creek, FL is a predominantly white area, with 43.1% of the population identifying as white. The white population has shrunk by 15.8% in the last 5 years. The second most common race or ethnicity in Coconut Creek, FL is hispanic, making up 28.3% of the population. Foreign-born residents account for 34.8% of the population in Coconut Creek, FL, and this percentage has increased by 14.5% 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 | 43.1% | -15.8% |
% Black | 17.7% | 14.2% |
% Hispanic | 28.3% | 6.8% |
% Asian | 2.7% | -30.8% |
% Foreign Born | 34.8% | 14.5% |
Mortgage and Risk — Coconut Creek, FL
According to HUD data as of 2023, there were 409 mortgage originations in Coconut Creek, FL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Coconut Creek, FL. Investor activity is low, as 1.0% 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 | 409 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Coconut Creek, FL
As of 2024, the percent of homes in Coconut Creek, FL under the Section 8 program is 2.1%. 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 Coconut Creek, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 125 |
Total Units Section 8 | 125 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $590 | $1,800 | $2,390 |
| 2 Bedroom | $760 | $2,200 | $2,960 |
| 3 Bedroom | $790 | $3,300 | $4,090 |
| 4 Bedroom | $1,220 | $3,750 | $4,970 |
Affordability — Coconut Creek, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $521,000 |
| Median Household Income | $99,300 |