Fort Lauderdale, FL—33304
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 $577,000, with a year-over-year change of -6.8%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $577,000 | -6.8% |
| Single Family | $737,000 | -5.5% |
| Condos | $403,000 | -10.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $265,000 | -9.6% |
2 Bed | $523,000 | -7.6% |
3 Bed | $953,000 | -4.8% |
4 Bed | $1,423,000 | -2.6% |
| 5 Bed | $3,651,000 | -1.9% |
% of Housing Stock
Rental Trends — Fort Lauderdale, FL
As of July '25, Rentcast reports the average rent in Fort Lauderdale, FL is $3,200, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,730, 1-bedrooms: $2,270, 2-bedrooms: $3,600, 3-bedrooms: $4,810, 4-bedrooms: $6,360. The most common rental property sizes in Fort Lauderdale, FL are 1-bedroom and 2-bedroom, accounting for 45.5% and 35.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,200 |
| Studio Rent | $1,650 | $1,730 |
| 1 Bed Rent | $1,900 | $2,270 |
| 2 Bed Rent | $2,940 | $3,600 |
| 3 Bed Rent | $4,350 | $4,810 |
| 4 Bed Rent | $7,500 | $6,360 |
% 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 103. This is a increase of 18.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $774,000 | 13.0% |
Listing Count | 496 | -13.0% |
| Listings as % of Homes | 3.0% | -13.0% |
Days on Market | 103 | 18.0% |
Demographics — Fort Lauderdale, FL
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 18,600, which has decreased by -1.1% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 11.8% of the population. The area has a highly educated workforce, with 51.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,600 | -1.1% |
% Under 18 | 11.8% | -16.3% |
% Seniors | 18.7% | 25.5% |
% WFH | 24.5% | 175.3% |
% w/ College Degree | 51.1% | 9.0% |
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 56.0% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 18.8% of the population. Foreign-born residents account for 32.4% of the population in Fort Lauderdale, FL, and this percentage has increased by 28.1% 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 | 56.0% | -9.5% |
% Black | 13.4% | -19.3% |
% Hispanic | 18.8% | -2.1% |
% Asian | 3.7% | 164.3% |
% Foreign Born | 32.4% | 28.1% |
Mortgage and Risk — Fort Lauderdale, FL
According to HUD data as of 2023, there were 412 mortgage originations in Fort Lauderdale, FL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 4.0% 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 | 412 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 4.0% |
% 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 6.6%. 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 | 398 |
Total Units Section 8 | 398 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,900 | $1,980 |
| 2 Bedroom | -$490 | $2,940 | $2,450 |
| 3 Bedroom | -$970 | $4,350 | $3,380 |
| 4 Bedroom | -$3,390 | $7,500 | $4,110 |
Affordability — Fort Lauderdale, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $577,000 |
| Median Household Income | $85,000 |