Home Values

Fort Lauderdale 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

$265,500

  • 7.3% 1-year change
  • -0.5% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in Fort Lauderdale is $265,500. Fort Lauderdale home values have gone up 7.3% over the past year and Zillow predicts they will fall -0.5% within the next year. The median list price per square foot in Fort Lauderdale is $260, which is higher than the Miami-Fort Lauderdale Metro average of $161. The median price of homes currently listed in Fort Lauderdale is $359,000 while the median price of homes that sold is $318,250.

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 Fort Lauderdale is 16.0%, which is higher than the national value of 6.9%. 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 Fort Lauderdale homeowners underwater on their mortgage is 19.8%, which is lower than Miami-Fort Lauderdale Metro at 21.9%.

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Relative ZHVI
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Fort Lauderdale Market Overview

Data through Oct 31, 2014
  • $265,500 ZHVI
  • -0.5% 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
    (Oct 31, 2015)
  • $359,000 Median listing price
  • $318,250 Median sale price
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Fort Lauderdale Market Health

Data through Oct 31, 2014
  • 2.5/10 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.
  • No data Average days on Zillow
  • 19.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 16.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Neighborhoods in Fort Lauderdale

Name Median ZHVI
Downtown Fort Lauderdale $457,900
Victoria Park $381,300
Sailboat Bend $330,200
Name Median ZHVI
Poinsettia Heights $328,800
Lake Ridge $303,200
Middle River Terrace $179,100
Name Median ZHVI
South Middle River $150,300
Lauderdale Manors $110,100
Dorsey-Riverbend $106,300

Listings & Sales

Data through Oct 31, 2014
  • $260 Median list price / sq ft
  • $221 Median sale price / sq ft
  • 30.9% Listings with price cut
19.9%
Sold below listing
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Fort Lauderdale Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,852 Fort Lauderdale
    $1,776 Miami-Fort Lauderdale Metro
    $1,337 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $1.67 Rent list price / sq ft
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