Fort Lauderdale, FL—33312
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 $480,000, with a year-over-year change of -4.0%. This indicates that home prices in Fort Lauderdale, 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 | $480,000 | -4.0% |
| Single Family | $487,000 | -4.1% |
| Condos | $376,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $284,000 | -7.8% |
2 Bed | $391,000 | -5.1% |
3 Bed | $486,000 | -4.1% |
4 Bed | $618,000 | -3.0% |
| 5 Bed | $1,111,000 | 0.5% |
% of Housing Stock
Rental Trends — Fort Lauderdale, FL
As of July '25, Rentcast reports the average rent in Fort Lauderdale, FL is $2,980, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,500, 1-bedrooms: $1,700, 2-bedrooms: $2,460, 3-bedrooms: $3,570, 4-bedrooms: $4,470. The most common rental property sizes in Fort Lauderdale, FL are 2-bedroom and 1-bedroom, accounting for 39.3% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,980 |
| Studio Rent | $1,300 | $1,500 |
| 1 Bed Rent | $1,650 | $1,700 |
| 2 Bed Rent | $2,200 | $2,460 |
| 3 Bed Rent | $3,200 | $3,570 |
| 4 Bed Rent | $4,100 | $4,470 |
% 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 76. This is a increase of 15.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $625,000 | 0.0% |
Listing Count | 356 | 18.0% |
| Listings as % of Homes | 1.2% | 18.0% |
Days on Market | 76 | 15.0% |
Demographics — Fort Lauderdale, FL
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 53,500, which has remained stable by -0.0% over the past 5 years. Fort Lauderdale, FL is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,500 | 0.0% |
% Under 18 | 21.8% | -4.4% |
% Seniors | 16.2% | 30.6% |
% WFH | 11.6% | 197.4% |
% w/ College Degree | 28.0% | -2.4% |
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 33.8% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 31.7% of the population. Foreign-born residents account for 32.8% of the population in Fort Lauderdale, FL, and this percentage has increased by 9.3% 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 | 33.8% | -5.8% |
% Black | 29.4% | -7.5% |
% Hispanic | 31.7% | 9.3% |
% Asian | 1.7% | -34.6% |
% Foreign Born | 32.8% | 9.3% |
Mortgage and Risk — Fort Lauderdale, FL
According to HUD data as of 2023, there were 637 mortgage originations in Fort Lauderdale, FL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 3.0% 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 | 637 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% 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 7.0%. 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 and 2-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 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 535 |
Total Units Section 8 | 506 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 85.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,650 | $1,790 |
| 2 Bedroom | $20 | $2,200 | $2,220 |
| 3 Bedroom | -$130 | $3,200 | $3,070 |
| 4 Bedroom | -$370 | $4,100 | $3,730 |
Affordability — Fort Lauderdale, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $480,000 |
| Median Household Income | $77,600 |