The housing market in 33311 Fort Lauderdale, FL is thriving. According to the data provided, the median value of a home in this area is $316,600 which is slightly lower than the US median housing value of $338,100. However, in the last year Fort Lauderdale has experienced an appreciation rate of 22.86%, much higher than the US average of 8.27%. This suggests that now is a great time to purchase a home in Fort Lauderdale; prices are still low and likely to increase further as demand continues to rise.
The median home cost in Fort Lauderdale (zip 33311) is $316,600. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Fort Lauderdale (zip 33311) is up 26.9%.
Average Age of Homes
- The median age of Fort Lauderdale (zip 33311) real estate is 50 years old
The Rental Market in Fort Lauderdale (zip 33311)
- Renters make up 44.8% of the Fort Lauderdale (zip 33311) population
- 2.6% of houses and apartments in Fort Lauderdale (zip 33311), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.