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Sarah Mitchell

CNESRESABR

Compass Real Estate · Sunrise, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Sunrise, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Sunrise, FL Housing Market

Buyer's market-2.5% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Sunrise, FL is worth $363,927, fell 2.5% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $398,000, +2.1% year over year (through May 2026). With 7.1 months of supply and homes going under contract in about 70 days, Sunrise is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $363,927 home is about $1,871/mo in principal and interest.

Key numbers for Sunrise, FL

Typical home value

$363,927

-2.5% in 12 months

Zillow, July 2026

Typical asking rent

$2,551/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$398,000

+2.1% year over year

Redfin, through May 2026

Days on market

70

Slow-moving

Redfin, through May 2026

Active listings

678

7.1 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$72,107

Home costs 5.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

95.9%

Selling below asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Sunrise a buyer's or seller's market?

Buyer's market7.1 months of supply70 days on market95.9% of asking

Sunrise, FL is a buyer's market, based on 7.1 months of supply and homes selling in about 70 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Sunrise housing market data show?

Every row below is Redfin's final published month for Sunrise, FL. Redfin, through May 2026

Housing market statistics for Sunrise, FL, Redfin through May 2026
MetricValue
Median sale price$398,000
Median list price$369,950
Year-over-year price change+2.1%
Median price per sq ft$281/sq ft
Median days on market70 days
Active inventory678 listings
Months of supply7.1 months
Sale-to-list price ratio95.9%
Homes sold (that month)95
New listings (that month)152
Listings with a price cut21.5%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Sunrise is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Sunrise is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Sunrise home prices moved?

Over the last three years the median sale price in Sunrise, FL held roughly flat 0.1%, from $397,500 to $398,000. The live Zillow value series has fell 2.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 21.5% of Sunrise listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 7.1 months while the sale-to-list ratio slips below its current 95.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Sunrise?

Priced off the typical home value of $363,927 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Sunrise, FL
Down paymentCash at closeLoan amountMonthly P&I
20%$72,785$291,142$1,871/mo
5%$18,196$345,731$2,222/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,871, that implies roughly $80,184 a year before you add taxes and insurance. The median household in Sunrise earns $72,107, about $8,077 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Sunrise in the next 12 months?

Tell us your timeline. We send the Sunrise market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Sunrise?

Typical asking rent in Sunrise, FL is $2,551/mo, against a typical home value of $363,927. That is a price-to-rent ratio of 11.9x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,871 a month — $680 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Sunrise?

Active listings in Sunrise, FL went from 631 in May 2025 to 678 in May 2026, a +7.4% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Sunrise, FL
MonthActive listingsNew listings
June 2025657127
July 2025649135
August 2025637107
September 2025614111
October 2025665160
November 2025687110
December 2025654113
January 2026693150
February 2026760169
March 2026747174
April 2026692157
May 2026678152

Redfin, through May 2026

How does Sunrise compare to Florida and the U.S.?

Sunrise homes sell for $398,0006% below the Florida median of $421,500. Against the national median of $410,700, Sunrise runs 3% lower. Year-over-year, Sunrise moved +2.1% against Florida's +2.6%a smaller swing than the state as a whole.

Sunrise, FL compared with Florida and the United States
MarketMedian sale priceYoYDays on market
Sunrise, FL$398,000+2.1%70 days
Florida statewide$421,500+2.6%66 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Sunrise

What buyers should watch

  • Months of supply, currently 7.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 21.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $351 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $363,927 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Sunrise listing goes under contract in 70 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 95.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Sunrise added 152 new listings against 95 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -2.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Sunrise varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Sunrise

There are currently 678 homes listed for sale in Sunrise, Florida. The median listing price is $370K.

Active listings

678

Homes on market

Median list price

$370K

Avg. days on market

70

Days until sale

New this week

152

Newly listed

Price drops:21.5%of listings
Sale-to-list:95.9%

How much do homes cost in Sunrise by property type?

How the Sunrise, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Sunrise, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$519,500$326/sq ft5054 days
Condo / co-op$120,000$133/sq ft36119 days
Townhouse$395,000$247/sq ft985 days

Who lives in Sunrise?

American Community Survey estimates for Sunrise. U.S. Census ACS, 2023

Population

96,633

Households

36,779

Median income

$72,107/yr

Median age

42.3 years

Owner-occupied

69.3%

Median home value

$328,700

Median gross rent

$1,999/mo

Mean commute

28.2 min

69.3% of occupied homes in Sunrise are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $328,700 against Zillow's $363,927 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,999/mo, below Zillow's $2,551/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Sunrise?

12 schools tracked · 8,025 students

The largest public schools serving Sunrise, 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.

FRANKLIN ACADEMY SUNRISE

Grades K-8 · 1,376 students

Charter

SAWGRASS ELEMENTARY SCHOOL

Grades PK-5 · 877 students

Public

WESTPINE MIDDLE SCHOOL

Grades 6-8 · 804 students

Public

DISCOVERY ELEMENTARY SCHOOL

Grades PK-5 · 750 students

Public

BAIR MIDDLE SCHOOL

Grades 6-8 · 736 students

Public

SANDPIPER ELEMENTARY SCHOOL

Grades PK-5 · 642 students

Public

VILLAGE ELEMENTARY SCHOOL

Grades PK-5 · 632 students

Public

WELLEBY ELEMENTARY SCHOOL

Grades PK-5 · 599 students

Public

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 Sunrise, FL?

Ordered by distance from Sunrise, not by size. Compare Sunrise side by side with any of them.

Sunrise housing market FAQ

Is Sunrise a buyer's or seller's market?

Sunrise, FL is currently a buyer's market. That read comes from 7.1 months of supply, homes going under contract in about 70 days, and sellers getting 95.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Sunrise?

The typical home in Sunrise, FL is worth $363,927 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $398,000, about $281 per square foot.

Is Sunrise cheaper than the rest of Florida?

Sunrise's median sale price of $398,000 is 6% lower than the Florida statewide median of $421,500, and 3% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Sunrise?

Homes in Sunrise, FL spent a median of 70 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Sunrise?

At the current 30-year fixed rate of 6.66%, 20% down on a $363,927 home is about $1,871 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $80,184 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $72,107.

Are home prices rising in Sunrise?

The typical home value in Sunrise, FL fell 2.5% over the last 12 months, from $373,149 to $363,927 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Sunrise?

Sunrise ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Sunrise?

That depends on your timeline, not on a headline. What the data says today: Sunrise, FL is a buyer's market with 7.1 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 11.9x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.