Tamarac, FL—33321
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Tamarac, FL
Home Price Trends — Tamarac, FL
As of Oct '25, the median home price in Tamarac, FL is $302,000, with a year-over-year change of -8.0%. This indicates that home prices in Tamarac, FL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $302,000 | -8.0% |
| Single Family | $392,000 | -5.3% |
| Condos | $172,000 | -16.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $115,000 | -14.2% |
2 Bed | $246,000 | -12.1% |
3 Bed | $427,000 | -5.5% |
4 Bed | $554,000 | -4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tamarac, FL
As of July '25, Rentcast reports the average rent in Tamarac, FL is $2,240, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Tamarac, FL is studios: $1,250, 1-bedrooms: $1,620, 2-bedrooms: $2,120, 3-bedrooms: $2,930, 4-bedrooms: $4,320. The most common rental property sizes in Tamarac, FL are 2-bedroom and 1-bedroom, accounting for 67.2% and 21.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,240 |
| Studio Rent | $1,250 | $1,250 |
| 1 Bed Rent | $1,650 | $1,620 |
| 2 Bed Rent | $2,000 | $2,120 |
| 3 Bed Rent | $2,900 | $2,930 |
| 4 Bed Rent | $4,000 | $4,320 |
% of Rental Stock
Property Listings — Tamarac, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Tamarac, FL is 93. This is a increase of 37.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -1.0% |
Listing Count | 592 | 17.0% |
| Listings as % of Homes | 1.1% | 17.0% |
Days on Market | 93 | 37.0% |
Demographics — Tamarac, FL
As of the latest ACS Survey released in 2023, Tamarac, FL has a population of 50,400, which has increased by 5.1% over the past 5 years. Tamarac, FL is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,400 | 5.1% |
% Under 18 | 17.4% | 1.2% |
% Seniors | 28.0% | 6.5% |
% WFH | 12.0% | 242.9% |
% w/ College Degree | 27.7% | -3.8% |
As of the latest ACS Survey released in 2023, Tamarac, FL is a predominantly hispanic area, with 34.5% of the population identifying as hispanic. The hispanic population has grown by 11.7% in the last 5 years. The second most common race or ethnicity in Tamarac, FL is white, making up 32.7% of the population. Foreign-born residents account for 37.8% of the population in Tamarac, FL, and this percentage has increased by 13.5% 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 | 32.7% | -19.1% |
% Black | 27.7% | 11.2% |
% Hispanic | 34.5% | 11.7% |
% Asian | 2.9% | -14.7% |
% Foreign Born | 37.8% | 13.5% |
Mortgage and Risk — Tamarac, FL
According to HUD data as of 2023, there were 991 mortgage originations in Tamarac, FL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Tamarac, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 991 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Tamarac, FL
As of 2024, the percent of homes in Tamarac, FL under the Section 8 program is 4.5%. 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 Tamarac, 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 | 231 |
Total Units Section 8 | 230 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $1,650 | $2,060 |
| 2 Bedroom | $550 | $2,000 | $2,550 |
| 3 Bedroom | $620 | $2,900 | $3,520 |
| 4 Bedroom | $280 | $4,000 | $4,280 |
Affordability — Tamarac, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $302,000 |
| Median Household Income | $60,000 |