Fort Lauderdale, FL (33308) is an excellent place to own real estate. The median housing value in Fort Lauderdale is $543,200, which is significantly higher than the US median housing value of $338,100. This high median value also demonstrates a strong trend in real estate appreciation in Fort Lauderdale; the 1 year house appreciation rate has been 22.86%, which is much higher than the US average of 8.27%. These figures demonstrate that owning real estate in Fort Lauderdale could be a profitable investment for any potential buyer.
The median home cost in Fort Lauderdale (zip 33308) is $543,200. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Fort Lauderdale (zip 33308) is up 26.9%.
Average Age of Homes
- The median age of Fort Lauderdale (zip 33308) real estate is 46 years old
The Rental Market in Fort Lauderdale (zip 33308)
- Renters make up 21.7% of the Fort Lauderdale (zip 33308) population
- 1.0% of houses and apartments in Fort Lauderdale (zip 33308), 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.