Broward County, FL Home Values & Market Trends

The median home price in Broward County, FL is $453,645.39. 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 5,102, and the percentage of properties for sale is 5102.00%. The county has 6,940 foreclosures, 94 bank owned properties, 219 headed for auction, and 5,102 properties for sale.

Broward County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Fort Lauderdale

$ 725,000

$ 488/sqft

Deerfield Beach

$ 275,000

$ 256/sqft

Pompano Beach

$ 381,851

$ 314/sqft

Plantation

$ 545,992

$ 284/sqft

Hollywood

$ 490,775

$ 376/sqft

Hallandale

$ --

$ --

Coral Springs

$ 626,125

$ 286/sqft

Dania

$ --

$ --

Pembroke Pines

$ 289,000

$ 263/sqft

Housing Market Summary for Broward County, FL

Apr 2023March 2024Change
Median Listing Price$453.1K$430.6K-4.96%
Median Sold Price$400.8K$430.6K7.44%
Homes For Sale2,7775,00680.27%
Homes Sold21,34720,152-5.60%
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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%.

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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 $725,000, and Deerfield Beach is most affordable with average house prices of around $285,000.

Foreclosure
There are 9 cities within Broward County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $3,599,000 in Pompano Beach to the lowest value of $61,716 in Pompano Beach. Foreclosure homes account for 1.00% of properties in Broward County, FL with Pembroke Pines containing 644 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.03% of all residential properties in Broward County, FL with Pembroke Pines containing 622 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 Plantation to the lowest home value of $61,716 in Pompano Beach.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Broward County, FL ranges from the highest value of $470,750 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 11 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Fort Lauderdale has 25 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 $3,001,281 in Plantation to the lowest value of $141,650 in Plantation.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.79% of residential properties in Broward County, FL with Fort Lauderdale containing 946 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Broward County, FL; homes for sale in those cities, have a range of median values from $2,595,000 in Coral Springs to the lowest value of $46,211 in Deerfield Beach.
    Sold Homes
    The median value for recently sold homes ranges from $2,300,000 in Coral Springs to the lowest price of $31,276 in Coral Springs. There are 9 cities within Broward County, FL. Fort Lauderdale has 2748 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.23% of properties in Broward County, FL.

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      Guide for Broward County, FL

      Market Reports
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      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.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      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.