Home Values

Plantation 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

$255,300

  • 12.6% 1-year change
  • 1.8% 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

Neutral

Buyers' Market
Sellers' Market

The median home value in Plantation is $255,300. Plantation home values have gone up 12.6% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Plantation is $142, which is lower than the Miami-Fort Lauderdale Metro average of $160. The median price of homes currently listed in Plantation is $259,200 while the median price of homes that sold is $252,800. The median rent price in Plantation is $1,595, which is lower than the Miami-Fort Lauderdale Metro median of $1,800.

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 Plantation is 14.2%, 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 Plantation homeowners underwater on their mortgage is 17.9%, which is lower than Miami-Fort Lauderdale Metro at 21.9%.

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Relative ZHVI
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Plantation Market Overview

Data through Sep 30, 2014
  • $255,300 ZHVI
  • 1.8% 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
    (Sep 30, 2015)
  • $259,200 Median listing price
  • $252,800 Median sale price
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Plantation Market Health

Data through Sep 30, 2014
  • 3.3/10 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
  • 17.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 14.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Cooper City $321,300
Davie $247,800
Sunrise $151,900
Name Median ZHVI
Broadview Park $136,100
Tamarac $124,500
Washington Park $115,900
Name Median ZHVI
Roosevelt Gardens $114,700
Lauderhill $86,700
Lauderdale Lakes $59,100

Listings & Sales

Data through Sep 30, 2014
  • $142 Median list price / sq ft
  • $136 Median sale price / sq ft
  • 38.5% Listings with price cut
22.6%
Sold below listing
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Plantation Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,972 Plantation
    $1,775 Miami-Fort Lauderdale Metro
    $1,335 United States

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

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,595 Rent list price
  • $1.21 Rent list price / sq ft
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