Fort Lauderdale, FL—33301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Lauderdale, FL
As of Oct '25, the median home price in Fort Lauderdale, FL is $843,000, with a year-over-year change of -5.1%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $843,000 | -5.1% |
| Single Family | $1,622,000 | -2.2% |
| Condos | $527,000 | -8.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $308,000 | -7.5% |
2 Bed | $558,000 | -7.9% |
3 Bed | $1,348,000 | -3.3% |
4 Bed | $2,318,000 | -2.7% |
| 5 Bed | $4,949,000 | 1.9% |
% of Housing Stock
Rental Trends — Fort Lauderdale, FL
As of July '25, Rentcast reports the average rent in Fort Lauderdale, FL is $3,540, with a year-over-year rent change of -0.3%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,910, 1-bedrooms: $2,540, 2-bedrooms: $3,640, 3-bedrooms: $6,440, 4-bedrooms: $7,410. The most common rental property sizes in Fort Lauderdale, FL are 1-bedroom and 2-bedroom, accounting for 41.3% and 33.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,540 |
| Studio Rent | $1,900 | $1,910 |
| 1 Bed Rent | $2,400 | $2,540 |
| 2 Bed Rent | $3,300 | $3,640 |
| 3 Bed Rent | $6,600 | $6,440 |
| 4 Bed Rent | $7,500 | $7,410 |
% of Rental Stock
Property Listings — Fort Lauderdale, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Lauderdale, FL is 99. 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,200,000 | -18.0% |
Listing Count | 413 | 8.0% |
| Listings as % of Homes | 1.9% | 8.0% |
Days on Market | 99 | 28.0% |
Demographics — Fort Lauderdale, FL
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 17,800, which has increased by 18.4% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 6.3% of the population. The area has a highly educated workforce, with 62.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | 18.4% |
% Under 18 | 6.3% | -40.6% |
% Seniors | 18.6% | 32.9% |
% WFH | 26.3% | 100.8% |
% w/ College Degree | 62.2% | 2.0% |
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 67.4% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 16.6% of the population. Foreign-born residents account for 19.3% of the population in Fort Lauderdale, FL, and this percentage has increased by 7.2% 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 | 67.4% | -9.8% |
% Black | 8.4% | 3.7% |
% Hispanic | 16.6% | 22.1% |
% Asian | 2.6% | 44.4% |
% Foreign Born | 19.3% | 7.2% |
Mortgage and Risk — Fort Lauderdale, FL
According to HUD data as of 2023, there were 265 mortgage originations in Fort Lauderdale, FL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 5.0% 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 | 265 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 5.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fort Lauderdale, FL
As of 2024, the percent of homes in Fort Lauderdale, FL under the Section 8 program is 1.1%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Fort Lauderdale, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 106 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $2,400 | $2,630 |
| 2 Bedroom | -$40 | $3,300 | $3,260 |
| 3 Bedroom | -$2,100 | $6,600 | $4,500 |
| 4 Bedroom | -$2,030 | $7,500 | $5,470 |
Affordability — Fort Lauderdale, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $843,000 |
| Median Household Income | $115,000 |