Home Values

Broward County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$194,600

  • 8.3% 1-year change
  • 1.1% 1-year forecast

The median home value in Broward County is $194,600. Broward County home values have gone up 8.3% over the past year and Zillow predicts they will rise 1.1% within the next year. The median rent price in Broward County is $1,675, which is lower than the Miami-Fort Lauderdale Metro median of $1,900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Broward County is 12.8%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Broward County homeowners underwater on their mortgage is 17.0%, which is lower than Miami-Fort Lauderdale Metro at 17.4%.

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Relative ZHVI
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Broward County Market Overview

Data through Jun 30, 2015
  • $194,600 ZHVI
  • 1.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • $214,250 Median sale price
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Broward County Market Health

Data through Jun 30, 2015
  • 3.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 100 Average days on Zillow (May 31, 2015)
  • 17.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 12.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Cities in Broward County

Name Median ZHVI
Southwest Ranches $549,400
Weston $374,600
Cooper City $310,100
Name Median ZHVI
Plantation $243,700
Davie $238,100
Pembroke Pines $214,900
Name Median ZHVI
Miramar $195,000
Sunrise $138,100
Tamarac $116,400

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $146 Median sale price / sq ft
  • No data Listings with price cut
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Broward County Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,706 Broward County
    $1,808 Miami-Fort Lauderdale Metro
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,675 Rent list price
  • $1.31 Rent list price / sq ft
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