Plantation, FL—33324
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 $363,000, with a year-over-year change of -5.3%. This indicates that home prices in Plantation, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | -5.3% |
| Single Family | $494,000 | -4.4% |
| Condos | $240,000 | -10.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $170,000 | -10.5% |
2 Bed | $267,000 | -9.8% |
3 Bed | $425,000 | -4.5% |
4 Bed | $767,000 | -2.0% |
| 5 Bed | $1,584,000 | 0.4% |
% of Housing Stock
Rental Trends — Plantation, FL
As of July '25, Rentcast reports the average rent in Plantation, FL is $2,660, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Plantation, FL is studios: $2,040, 1-bedrooms: $1,860, 2-bedrooms: $2,330, 3-bedrooms: $3,150, 4-bedrooms: $4,680. The most common rental property sizes in Plantation, FL are 2-bedroom and 1-bedroom, accounting for 44.9% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,660 |
| Studio Rent | $1,920 | $2,040 |
| 1 Bed Rent | $1,800 | $1,860 |
| 2 Bed Rent | $2,280 | $2,330 |
| 3 Bed Rent | $3,000 | $3,150 |
| 4 Bed Rent | $4,000 | $4,680 |
% 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 77. 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | 2.0% |
Listing Count | 350 | 10.0% |
| Listings as % of Homes | 0.8% | 10.0% |
Days on Market | 77 | 28.0% |
Demographics — Plantation, FL
As of the latest ACS Survey released in 2023, Plantation, FL has a population of 50,100, which has increased by 2.6% over the past 5 years. Plantation, FL is a moderately popular place for families, as children make up 19.2% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,100 | 2.6% |
% Under 18 | 19.2% | -2.5% |
% Seniors | 17.5% | 15.9% |
% WFH | 13.7% | 101.5% |
% w/ College Degree | 45.5% | 2.5% |
As of the latest ACS Survey released in 2023, Plantation, FL is a predominantly white area, with 42.0% of the population identifying as white. The white population has shrunk by 12.5% in the last 5 years. The second most common race or ethnicity in Plantation, FL is hispanic, making up 31.5% of the population. Foreign-born residents account for 31.3% of the population in Plantation, FL, and this percentage has decreased by 3.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.0% | -12.5% |
% Black | 16.9% | 29.0% |
% Hispanic | 31.5% | 0.3% |
% Asian | 6.5% | 30.0% |
% Foreign Born | 31.3% | -3.4% |
Mortgage and Risk — Plantation, FL
According to HUD data as of 2023, there were 683 mortgage originations in Plantation, FL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 21.0% 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. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 683 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Plantation, FL
As of 2024, the percent of homes in Plantation, FL under the Section 8 program is 3.2%. 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 | 287 |
Total Units Section 8 | 286 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $1,800 | $2,290 |
| 2 Bedroom | $550 | $2,280 | $2,830 |
| 3 Bedroom | $910 | $3,000 | $3,910 |
| 4 Bedroom | $750 | $4,000 | $4,750 |
Affordability — Plantation, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $363,000 |
| Median Household Income | $83,700 |