Plantation, FL—33323
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 $519,000, 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 | $519,000 | -4.2% |
| Single Family | $552,000 | -4.0% |
| Condos | $344,000 | -7.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $241,000 | -11.7% |
2 Bed | $382,000 | -6.1% |
3 Bed | $516,000 | -4.3% |
4 Bed | $672,000 | -2.7% |
| 5 Bed | $1,186,000 | -0.8% |
% of Housing Stock
Rental Trends — Plantation, FL
As of July '25, Rentcast reports the average rent in Plantation, FL is $3,260, with a year-over-year rent change of 6.9%. Per bedroom, the median rent as of July '25 in Plantation, FL is 1-bedrooms: $2,300, 2-bedrooms: $3,020, 3-bedrooms: $3,670, 4-bedrooms: $4,470. The most common rental property sizes in Plantation, FL are 2-bedroom and 3-bedroom, accounting for 34.8% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,300 | $2,300 |
| 2 Bed Rent | $3,000 | $3,020 |
| 3 Bed Rent | $3,700 | $3,670 |
| 4 Bed Rent | $4,900 | $4,470 |
% 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 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $532,000 | -6.0% |
Listing Count | 200 | 11.0% |
| Listings as % of Homes | 1.3% | 11.0% |
Days on Market | 97 | 29.0% |
Demographics — Plantation, FL
As of the latest ACS Survey released in 2023, Plantation, FL has a population of 23,100, which has increased by 8.9% over the past 5 years. Plantation, FL is a moderately popular place for families, as children make up 19.8% of the population. The area has a highly educated workforce, with 48.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,100 | 8.9% |
% Under 18 | 19.8% | -6.6% |
% Seniors | 13.9% | 19.8% |
% WFH | 15.3% | 183.3% |
% w/ College Degree | 48.4% | 24.4% |
As of the latest ACS Survey released in 2023, Plantation, FL is a predominantly white area, with 38.3% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Plantation, FL is hispanic, making up 33.6% of the population. Foreign-born residents account for 33.6% of the population in Plantation, FL, and this percentage has increased by 8.7% 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 | 38.3% | -6.6% |
% Black | 17.9% | 9.8% |
% Hispanic | 33.6% | -8.7% |
% Asian | 5.3% | 29.3% |
% Foreign Born | 33.6% | 8.7% |
Mortgage and Risk — Plantation, FL
According to HUD data as of 2023, there were 369 mortgage originations in Plantation, FL, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% 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. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 369 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Plantation, FL
As of 2024, the percent of homes in Plantation, FL under the Section 8 program is 8.2%. 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 Plantation, 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 | 281 |
Total Units Section 8 | 280 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $2,300 | $2,700 |
| 2 Bedroom | $340 | $3,000 | $3,340 |
| 3 Bedroom | $910 | $3,700 | $4,610 |
| 4 Bedroom | $710 | $4,900 | $5,610 |
Affordability — Plantation, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $519,000 |
| Median Household Income | $110,000 |