Broward County, FL Home Values & Market Trends
The median home price in Broward County, FL is $453,676.41. There were 33,217 home sales in Broward County, FL over the past 12 months. The median residential Broward County, FL home value for transactions over the previous year is $386,523.849. The number of current listings in Broward County, FL is 5,084, and the percentage of properties for sale is 5084.00%. The county has 7,003 foreclosures, 92 bank owned properties, 190 headed for auction, and 5,084 properties for sale.
Broward County, FL Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Fort Lauderdale | $ 720,182 $ 486/sqft | Deerfield Beach | $ 268,571 $ 252/sqft |
Pompano Beach | $ 388,045 $ 314/sqft | Plantation | $ 533,804 $ 284/sqft |
Hollywood | $ 491,662 $ 378/sqft | Hallandale | $ -- $ -- |
Coral Springs | $ 629,450 $ 289/sqft | Dania | $ -- $ -- |
Pembroke Pines | $ 289,549 $ 271/sqft |
Housing Market Summary for Broward County, FL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $453.1K | $430.6K | -4.96% |
Median Sold Price | $400.8K | $430.6K | 7.44% |
Homes For Sale | 2,777 | 5,006 | 80.27% |
Homes Sold | 21,347 | 20,152 | -5.60% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Broward County, FL
Browse Homes in Broward County, FL
Broward County, FL home values range from $20,853 to $44,307,863. Fort Lauderdale is the priciest city with a median listing home price of $714,450, and Deerfield Beach is most affordable with average house prices of around $279,900.
- Pre-ForeclosurePre-foreclosure homes account for 1.05% of all residential properties in Broward County, FL with Pembroke Pines containing 621 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Broward County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $2,365,780 in Pembroke Pines to the lowest home value of $61,716 in Pompano Beach.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Broward County, FL ranges from the highest value of $453,244 in Deerfield Beach to the lowest value of $135,000 in Pompano Beach. Bank owned homes and properties account for 0.01% of properties in Broward County, FL. There are 9 cities within Broward County, FL; Pompano Beach containing 10 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsFort Lauderdale has 24 auction properties, the highest number of properties going to auction in a single city in the state of Broward County, FL. Auction homes and other auction properties account for 0.03% of all properties in Broward County, FL. There are 9 cities within Broward County, FL; of those cities, the median estimated home value for homes going to auction ranges from $6,438,498 in Plantation to the lowest value of $141,650 in Plantation.
Compare Nearby Cities
More Real Estate Resources for Broward County, FL
Guide for Broward County, FL
The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.
This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.
Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?