Fort Lauderdale, FL—33306
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 $566,000, with a year-over-year change of -4.2%. This indicates that home prices in Fort Lauderdale, 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 | $566,000 | -4.2% |
| Single Family | $1,045,000 | -4.7% |
| Condos | $278,000 | -4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $191,000 | -6.4% |
2 Bed | $414,000 | -5.3% |
3 Bed | $1,005,000 | -5.2% |
4 Bed | $1,459,000 | -3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fort Lauderdale, FL
As of July '25, Rentcast reports the average rent in Fort Lauderdale, FL is $3,150, with a year-over-year rent change of 10.5%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,620, 1-bedrooms: $1,960, 2-bedrooms: $3,320, 3-bedrooms: $6,300, 4-bedrooms: $7,120. The most common rental property sizes in Fort Lauderdale, FL are 1-bedroom and 2-bedroom, accounting for 51.6% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $3,150 |
| Studio Rent | $1,600 | $1,620 |
| 1 Bed Rent | $1,990 | $1,960 |
| 2 Bed Rent | $2,800 | $3,320 |
| 3 Bed Rent | $6,000 | $6,300 |
| 4 Bed Rent | $7,500 | $7,120 |
% 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 96. This is a increase of 3.0% 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 | $1,020,000 | 4.0% |
Listing Count | 81 | 9.0% |
| Listings as % of Homes | 3.6% | 9.0% |
Days on Market | 96 | 3.0% |
Demographics — Fort Lauderdale, FL
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 2,700, which has decreased by -20.1% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 5.0% of the population. The area has a moderately educated workforce, with 43.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,700 | -20.1% |
% Under 18 | 5.0% | -60.0% |
% Seniors | 35.4% | 64.7% |
% WFH | 25.3% | 109.1% |
% w/ College Degree | 43.8% | -18.0% |
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 75.4% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 13.2% of the population. Foreign-born residents account for 22.6% of the population in Fort Lauderdale, FL, and this percentage has increased by 16.5% 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 | 75.4% | -2.1% |
% Black | 1.9% | -9.5% |
% Hispanic | 13.2% | -27.9% |
% Asian | 3.0% | 400.0% |
% Foreign Born | 22.6% | 16.5% |
Mortgage and Risk — Fort Lauderdale, FL
According to HUD data as of 2023, there were 64 mortgage originations in Fort Lauderdale, FL, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 6.0% |
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 2.3%. 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 Fort Lauderdale, 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 | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$500 | $1,990 | $1,490 |
| 2 Bedroom | -$950 | $2,800 | $1,850 |
| 3 Bedroom | -$3,450 | $6,000 | $2,550 |
| 4 Bedroom | -$4,390 | $7,500 | $3,110 |
Affordability — Fort Lauderdale, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $566,000 |
| Median Household Income | $82,400 |