Fort Lauderdale, FL—33308
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 $519,000, with a year-over-year change of -6.3%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $519,000 | -6.3% |
| Single Family | $984,000 | -4.3% |
| Condos | $393,000 | -6.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $233,000 | -8.3% |
2 Bed | $466,000 | -6.4% |
3 Bed | $1,000,000 | -4.4% |
4 Bed | $1,633,000 | -1.5% |
| 5 Bed | $3,295,000 | 0.6% |
% of Housing Stock
Rental Trends — Fort Lauderdale, FL
As of July '25, Rentcast reports the average rent in Fort Lauderdale, FL is $3,810, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,970, 1-bedrooms: $2,330, 2-bedrooms: $3,660, 3-bedrooms: $6,320, 4-bedrooms: $6,930. The most common rental property sizes in Fort Lauderdale, FL are 2-bedroom and 1-bedroom, accounting for 43.7% and 42.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,810 |
| Studio Rent | $1,750 | $1,970 |
| 1 Bed Rent | $2,000 | $2,330 |
| 2 Bed Rent | $3,300 | $3,660 |
| 3 Bed Rent | $5,950 | $6,320 |
| 4 Bed Rent | $6,750 | $6,930 |
% 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 102. This is a increase of 20.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $549,000 | -6.0% |
Listing Count | 744 | 5.0% |
| Listings as % of Homes | 1.8% | 5.0% |
Days on Market | 102 | 20.0% |
Demographics — Fort Lauderdale, FL
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 27,300, which has decreased by -2.5% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 10.1% of the population. The area has a highly educated workforce, with 55.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,300 | -2.5% |
% Under 18 | 10.1% | -1.0% |
% Seniors | 35.3% | -1.1% |
% WFH | 24.0% | 147.4% |
% w/ College Degree | 55.6% | 12.8% |
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 15.8% of the population. Foreign-born residents account for 24.1% of the population in Fort Lauderdale, FL, and this percentage has increased by 10.6% 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 | 74.6% | -4.4% |
% Black | 2.5% | 25.0% |
% Hispanic | 15.8% | 3.9% |
% Asian | 2.5% | -32.4% |
% Foreign Born | 24.1% | 10.6% |
Mortgage and Risk — Fort Lauderdale, FL
According to HUD data as of 2023, there were 439 mortgage originations in Fort Lauderdale, FL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 2.0% 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 | 439 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 9.0% |
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 0.7%. 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 | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $2,000 | $2,250 |
| 2 Bedroom | -$510 | $3,300 | $2,790 |
| 3 Bedroom | -$2,100 | $5,950 | $3,850 |
| 4 Bedroom | -$2,060 | $6,750 | $4,690 |
Affordability — Fort Lauderdale, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $519,000 |
| Median Household Income | $83,400 |