Fort Lauderdale, FL—33316
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Lauderdale, FL
As of Oct '25, the median home price in Fort Lauderdale, FL is $694,000, with a year-over-year change of -5.3%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $694,000 | -5.3% |
| Single Family | $1,291,000 | -2.7% |
| Condos | $481,000 | -7.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $251,000 | -7.7% |
2 Bed | $613,000 | -6.8% |
3 Bed | $1,327,000 | -3.2% |
4 Bed | $2,469,000 | -3.1% |
| 5 Bed | $5,643,000 | -1.9% |
% of Housing Stock
Rental Trends — Fort Lauderdale, FL
As of July '25, Rentcast reports the average rent in Fort Lauderdale, FL is $3,100, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,690, 1-bedrooms: $2,150, 2-bedrooms: $3,220, 3-bedrooms: $5,070, 4-bedrooms: $8,500. The most common rental property sizes in Fort Lauderdale, FL are 1-bedroom and 2-bedroom, accounting for 43.3% and 40.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,100 |
| Studio Rent | $1,480 | $1,690 |
| 1 Bed Rent | $1,950 | $2,150 |
| 2 Bed Rent | $2,800 | $3,220 |
| 3 Bed Rent | $4,500 | $5,070 |
| 4 Bed Rent | $8,000 | $8,500 |
% of Rental Stock
Property Listings — Fort Lauderdale, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Lauderdale, FL is 90. This is a increase of 4.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $973,000 | 11.0% |
Listing Count | 329 | 18.0% |
| Listings as % of Homes | 1.7% | 18.0% |
Days on Market | 90 | 4.0% |
Demographics — Fort Lauderdale, FL
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 12,000, which has increased by 22.8% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 13.7% of the population. The area has a highly educated workforce, with 54.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | 22.8% |
% Under 18 | 13.7% | 42.7% |
% Seniors | 27.5% | 5.0% |
% WFH | 21.3% | 54.3% |
% w/ College Degree | 54.0% | 9.3% |
As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 70.3% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 16.7% of the population. Foreign-born residents account for 21.9% of the population in Fort Lauderdale, FL, and this percentage has decreased by 6.8% 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 | 70.3% | -2.8% |
% Black | 7.3% | -17.0% |
% Hispanic | 16.7% | 5.0% |
% Asian | 3.8% | 46.2% |
% Foreign Born | 21.9% | -6.8% |
Mortgage and Risk — Fort Lauderdale, FL
According to HUD data as of 2023, there were 130 mortgage originations in Fort Lauderdale, FL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 130 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 5.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Fort Lauderdale, FL
As of 2024, the percent of homes in Fort Lauderdale, FL under the Section 8 program is 0.4%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Fort Lauderdale, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,950 | $1,960 |
| 2 Bedroom | -$370 | $2,800 | $2,430 |
| 3 Bedroom | -$1,140 | $4,500 | $3,360 |
| 4 Bedroom | -$3,920 | $8,000 | $4,080 |
Affordability — Fort Lauderdale, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $694,000 |
| Median Household Income | $89,200 |