The housing market in 33304 Fort Lauderdale, FL is particularly strong. The median value of a house in this area is an impressive $612,100, which is more than double the US median house value of $338,100. Furthermore, the one year appreciation rate for houses in 33304 Fort Lauderdale is an astounding 22.86%, compared to the US 1 year appreciation rate of 8.27%. This shows that investing in real estate in 33304 Fort Lauderdale would be advantageous and likely yield a generous return on investment.
The median home cost in Fort Lauderdale (zip 33304) is $612,100. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Fort Lauderdale (zip 33304) is up 26.9%.
Average Age of Homes
- The median age of Fort Lauderdale (zip 33304) real estate is 47 years old
The Rental Market in Fort Lauderdale (zip 33304)
- Renters make up 48.9% of the Fort Lauderdale (zip 33304) population
- 4.1% of houses and apartments in Fort Lauderdale (zip 33304), 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.