Sunrise, FL33322

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$266,000
8.5% YoY Growth
Median Household Income
$69,000
39.0% 5-Year Growth
Days on Market
94
28.0% Longer than last year
Home Price Forecast
1.0%
Median Rent
$2,220
0.8% YoY Growth
1-Bed Rent
$1,800
7.9% YoY Growth
2-Bed Rent
$2,150
8.0% YoY Growth
3-Bed Rent
$3,150
0.3% YoY Growth

Other Zip Codes in Sunrise, FL

Property Listings — Sunrise, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Sunrise, FL is 94. This is a increase of 28.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$145,000-13.0%
Listing Count
5877.0%
Listings as % of Homes1.5%7.0%
Days on Market
9428.0%
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Demographics — Sunrise, FL

As of the latest ACS Survey released in 2023, Sunrise, FL has a population of 40,500, which has increased by 3.8% over the past 5 years. Sunrise, FL is a less popular place for families, as children make up 14.2% of the population. The area has a moderately educated workforce, with 33.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
40,5003.8%
% Under 18
14.2%-7.2%
% Seniors
32.0%15.5%
% WFH
14.4%128.6%
% w/ College Degree
33.5%2.8%
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As of the latest ACS Survey released in 2023, Sunrise, FL is a predominantly hispanic area, with 34.5% of the population identifying as hispanic. The hispanic population has grown by 9.9% in the last 5 years. The second most common race or ethnicity in Sunrise, FL is white, making up 31.8% of the population. Foreign-born residents account for 40.7% of the population in Sunrise, FL, and this percentage has increased by 10.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
31.8%-25.2%
% Black
24.7%21.7%
% Hispanic
34.5%9.9%
% Asian
4.3%4.9%
% Foreign Born
40.7%10.9%
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Mortgage and Risk — Sunrise, FL

According to HUD data as of 2023, there were 765 mortgage originations in Sunrise, FL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Sunrise, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
765
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
1.0%
% Second Loans
3.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Sunrise, FL

As of 2024, the percent of homes in Sunrise, FL under the Section 8 program is 5.4%. 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 Sunrise, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
198
Total Units Section 8
197
% Rentals under Section 8
5.4%
% Occupied Section 8
84.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$500$1,800$2,300
2 Bedroom$700$2,150$2,850
3 Bedroom$790$3,150$3,940
4 Bedroom$540$4,250$4,790

Affordability — Sunrise, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$266,000
Median Household Income$69,000

Sunrise, FL — ZIP Code Boundary Map

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Frequently Asked Questions