Tamarac, FL33319

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$201,000
10.9% YoY Growth
Median Household Income
$55,100
21.0% 5-Year Growth
Days on Market
97
29.0% Longer than last year
Home Price Forecast
0.8%
Median Rent
$1,890
3.2% YoY Growth
1-Bed Rent
$1,550
6.0% YoY Growth
2-Bed Rent
$1,950
4.8% YoY Growth
3-Bed Rent
$2,900
2.0% YoY Growth

Other Zip Codes in Tamarac, FL

Property Listings — Tamarac, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Tamarac, FL is 97. This is a increase of 29.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$160,000-6.0%
Listing Count
85317.0%
Listings as % of Homes2.0%17.0%
Days on Market
9729.0%
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Demographics — Tamarac, FL

As of the latest ACS Survey released in 2023, Tamarac, FL has a population of 52,500, which has increased by 11.6% over the past 5 years. Tamarac, FL is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
52,50011.6%
% Under 18
20.1%0.0%
% Seniors
22.4%7.7%
% WFH
8.7%222.2%
% w/ College Degree
25.2%9.1%
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As of the latest ACS Survey released in 2023, Tamarac, FL is a predominantly black area, with 61.6% of the population identifying as black. The black population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Tamarac, FL is hispanic, making up 17.0% of the population. Foreign-born residents account for 46.1% of the population in Tamarac, FL, and this percentage has decreased by 4.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
14.6%-19.8%
% Black
61.6%2.8%
% Hispanic
17.0%-2.9%
% Asian
3.6%71.4%
% Foreign Born
46.1%-4.0%
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Mortgage and Risk — Tamarac, FL

According to HUD data as of 2023, there were 563 mortgage originations in Tamarac, FL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Tamarac, FL. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
563
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
1.0%
% Second Loans
2.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Tamarac, FL

As of 2024, the percent of homes in Tamarac, 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Tamarac, FL, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
173
Total Units Section 8
173
% Rentals under Section 8
2.3%
% Occupied Section 8
85.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$240$1,550$1,790
2 Bedroom$260$1,950$2,210
3 Bedroom$150$2,900$3,050
4 Bedroom-$90$3,800$3,710

Affordability — Tamarac, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4
Median Home Price$201,000
Median Household Income$55,100

Tamarac, FL — ZIP Code Boundary Map

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Frequently Asked Questions