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Featured local agent — Fort Lauderdale, FL
Sarah Mitchell
Compass Real Estate · Fort Lauderdale, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fort Lauderdale, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$579,000median sale price
How is the Fort Lauderdale, FL housing market right now?
The median home sale price in Fort Lauderdale, FL is $579,000, up 15.4% year-over-year. Homes sell in an average of 98 days with 2,360 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fort Lauderdale a buyer's or seller's market?
Fort Lauderdale, FL is currently a buyer's market, based on 7.3 months of supply and homes selling in about 98 days. How we determine this →
Homes sold
323
Last 12 weeks
Days on market
98
Average pace
Active listings
2,360
7.3 months supply
Sale-to-list
94.1%
Below asking
What does the Fort Lauderdale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $579,000 |
| Median list price | $650,000 |
| Year-over-year price change | +15.4% |
| Average days on market | 98 days |
| Active inventory | 2,360 listings |
| Months of supply | 7.3 months |
| Sale-to-list price ratio | 94.1% |
| Median price per sq ft | $395/sq ft |
| Homes sold (latest month) | 323 |
| New listings (latest month) | 445 |
| Listings with a price cut | 21.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Fort Lauderdale by property type?
How the Fort Lauderdale, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $750,000 | $479/sq ft | 145 | 91 days |
| Condo / Co-op | $369,000 | $355/sq ft | 135 | 114 days |
| Townhouse | $640,000 | $358/sq ft | 28 | 85 days |
Source: Redfin · Updated monthly
The Fort Lauderdale housing market is currently classified as a buyer's market with a median sale price of $579,000. Prices have risen 15.4% compared to last year, with homes spending an average of 98 days on market, indicating 7.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.4x provides context for how home values compare to local earning capacity.
Homes for sale in Fort Lauderdale
There are currently 2,360 homes listed for sale in Fort Lauderdale, Florida. The median listing price is $650K.
Active listings
2,360
Homes on market
Median list price
$650K
Avg. days on market
98
Days until sale
New this week
445
Newly listed
Who lives in Fort Lauderdale?
Population
183,032
Median income
$79,935/yr
Median age
42.9 years
Owner-occupied
53.8%
College grads
39.8%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Fort Lauderdale?
Zillow home value
$511,582
Zillow rent index
$2,794/mo
Price-to-rent ratio
15.3x
Price-to-income
6.4x
Source: Zillow Research
What is it like to live in Fort Lauderdale?
Fort Lauderdale is a community of approximately 183K residents with a median age of 42.9 years.The median household income is $79,935, which reflects a relatively affluent area with strong earning potential. 39.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 53.8%, showing a blend of owner and renter-occupied properties. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fort Lauderdale offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fort Lauderdale?
31 schools tracked · 20,600 students
The largest public schools serving Fort Lauderdale, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
DILLARD 6-12
Grades 6-12 · 2,199 students
FORT LAUDERDALE HIGH SCHOOL
Grades 9-12 · 2,182 students
NEW RIVER MIDDLE SCHOOL
Grades 6-8 · 1,589 students
STRANAHAN HIGH SCHOOL
Grades 9-12 · 1,328 students
LAKEWOOD RANCH PREPARATORY ACADEMY
Grades K-12 · 1,270 students
SUNRISE MIDDLE SCHOOL
Grades 6-8 · 1,238 students
FLORANADA ELEMENTARY SCHOOL
Grades PK-5 · 739 students
MEADOWBROOK ELEMENTARY SCHOOL
Grades PK-5 · 739 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fort Lauderdale, FL?
Want a head-to-head view? Compare Fort Lauderdale side-by-side with any other U.S. city using our market-comparison tool.
Is Fort Lauderdale a good real estate investment market?
For investors evaluating Fort Lauderdale, the price-to-rent ratio of 15.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 15.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Fort Lauderdale's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Fort Lauderdale's median home price.
Frequently asked questions
What is the average home price in Fort Lauderdale?
The median home sale price in Fort Lauderdale is $579,000, up 15.4% from last year.
How long do homes stay on market in Fort Lauderdale?
Homes typically spend 98 days on market before going under contract.
What is the median income in Fort Lauderdale?
The median household income is $79,935 per year.
Is Fort Lauderdale a buyer's or seller's market?
With 7.3 months of supply, Fort Lauderdale is currently a buyer's market.
What is the Zillow home value estimate for Fort Lauderdale?
The Zillow Home Value Index (ZHVI) for Fort Lauderdale is $511,582, representing the typical home value in the area.
What is the median condo price in Fort Lauderdale?
The median condo/co-op sale price in Fort Lauderdale, FL is $369,000, compared to $750,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fort Lauderdale?
The median single-family home price in Fort Lauderdale, FL is $750,000 (about $479 per square foot).
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