Plantation, FL—33317
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Plantation, FL
As of Oct '25, the median home price in Plantation, FL is $535,000, with a year-over-year change of -4.2%. This indicates that home prices in Plantation, 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 | $535,000 | -4.2% |
| Single Family | $600,000 | -4.2% |
| Condos | $177,000 | -14.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $133,000 | -10.7% |
2 Bed | $214,000 | -12.7% |
3 Bed | $530,000 | -4.7% |
4 Bed | $722,000 | -3.3% |
| 5 Bed | $872,000 | -2.6% |
% of Housing Stock
Rental Trends — Plantation, FL
As of July '25, Rentcast reports the average rent in Plantation, FL is $2,800, with a year-over-year rent change of -0.4%. Per bedroom, the median rent as of July '25 in Plantation, FL is studios: $1,620, 1-bedrooms: $1,670, 2-bedrooms: $2,100, 3-bedrooms: $3,450, 4-bedrooms: $4,800. The most common rental property sizes in Plantation, FL are 2-bedroom and 3-bedroom, accounting for 56.0% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,800 |
| Studio Rent | $1,500 | $1,620 |
| 1 Bed Rent | $1,650 | $1,670 |
| 2 Bed Rent | $2,050 | $2,100 |
| 3 Bed Rent | $3,450 | $3,450 |
| 4 Bed Rent | $5,000 | $4,800 |
% of Rental Stock
Property Listings — Plantation, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Plantation, FL is 76. This is a increase of 10.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -4.0% |
Listing Count | 191 | -3.0% |
| Listings as % of Homes | 1.1% | -3.0% |
Days on Market | 76 | 10.0% |
Demographics — Plantation, FL
As of the latest ACS Survey released in 2023, Plantation, FL has a population of 37,000, which has decreased by -3.5% over the past 5 years. Plantation, FL is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,000 | -3.5% |
% Under 18 | 22.5% | -3.0% |
% Seniors | 17.4% | 15.2% |
% WFH | 13.9% | 120.6% |
% w/ College Degree | 35.7% | 4.7% |
As of the latest ACS Survey released in 2023, Plantation, FL is a predominantly hispanic area, with 36.6% of the population identifying as hispanic. The hispanic population has grown by 32.6% in the last 5 years. The second most common race or ethnicity in Plantation, FL is white, making up 31.6% of the population. Foreign-born residents account for 33.2% of the population in Plantation, FL, and this percentage has increased by 3.8% 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 | 31.6% | -19.0% |
% Black | 23.6% | -13.2% |
% Hispanic | 36.6% | 32.6% |
% Asian | 3.8% | 8.6% |
% Foreign Born | 33.2% | 3.8% |
Mortgage and Risk — Plantation, FL
According to HUD data as of 2023, there were 588 mortgage originations in Plantation, FL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Plantation, FL. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 588 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Plantation, FL
As of 2024, the percent of homes in Plantation, FL under the Section 8 program is 2.8%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Plantation, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 96 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $1,650 | $2,030 |
| 2 Bedroom | $460 | $2,050 | $2,510 |
| 3 Bedroom | $20 | $3,450 | $3,470 |
| 4 Bedroom | -$790 | $5,000 | $4,210 |
Affordability — Plantation, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $535,000 |
| Median Household Income | $84,200 |