Sunrise, FL—33351
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sunrise, FL
Home Price Trends — Sunrise, FL
As of Oct '25, the median home price in Sunrise, FL is $373,000, with a year-over-year change of -5.1%. This indicates that home prices in Sunrise, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $373,000 | -5.1% |
| Single Family | $454,000 | -4.8% |
| Condos | $194,000 | -10.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $170,000 | -9.1% |
2 Bed | $220,000 | -9.1% |
3 Bed | $455,000 | -5.0% |
4 Bed | $552,000 | -4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sunrise, FL
As of July '25, Rentcast reports the average rent in Sunrise, FL is $2,370, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Sunrise, FL is studios: $1,690, 1-bedrooms: $1,810, 2-bedrooms: $2,120, 3-bedrooms: $3,020, 4-bedrooms: $3,700. The most common rental property sizes in Sunrise, FL are 2-bedroom and 3-bedroom, accounting for 62.9% and 14.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,370 |
| Studio Rent | $1,690 | $1,690 |
| 1 Bed Rent | $1,750 | $1,810 |
| 2 Bed Rent | $2,100 | $2,120 |
| 3 Bed Rent | $2,900 | $3,020 |
| 4 Bed Rent | $3,700 | $3,700 |
% of Rental Stock
Property Listings — Sunrise, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Sunrise, FL is 63. This is a increase of 15.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $319,000 | 1.0% |
Listing Count | 201 | 31.0% |
| Listings as % of Homes | 0.8% | 31.0% |
Days on Market | 63 | 15.0% |
Demographics — Sunrise, FL
As of the latest ACS Survey released in 2023, Sunrise, FL has a population of 34,600, which has decreased by -2.8% over the past 5 years. Sunrise, FL is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,600 | -2.8% |
% Under 18 | 20.7% | -13.8% |
% Seniors | 15.3% | 25.4% |
% WFH | 12.5% | 237.8% |
% w/ College Degree | 31.0% | 8.4% |
As of the latest ACS Survey released in 2023, Sunrise, FL is a predominantly black area, with 39.3% of the population identifying as black. The black population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Sunrise, FL is hispanic, making up 32.3% of the population. Foreign-born residents account for 40.4% of the population in Sunrise, FL, and this percentage has increased by 8.0% 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 | 20.6% | -20.8% |
% Black | 39.3% | 2.3% |
% Hispanic | 32.3% | 12.5% |
% Asian | 5.0% | 28.2% |
% Foreign Born | 40.4% | 8.0% |
Mortgage and Risk — Sunrise, FL
According to HUD data as of 2023, there were 514 mortgage originations in Sunrise, FL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 37.0% 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. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 514 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Sunrise, FL
As of 2024, the percent of homes in Sunrise, FL under the Section 8 program is 5.0%. 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 | 362 |
Total Units Section 8 | 296 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,750 | $2,060 |
| 2 Bedroom | $450 | $2,100 | $2,550 |
| 3 Bedroom | $620 | $2,900 | $3,520 |
| 4 Bedroom | $580 | $3,700 | $4,280 |
Affordability — Sunrise, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $373,000 |
| Median Household Income | $69,000 |