The housing market in 33305 Fort Lauderdale, FL is booming compared to the national average. According to the given information, the median value of a house in 33305 Fort Lauderdale, FL is $696,000 while the US median value of a house is $338,100. Furthermore, the one year house appreciation of the US is 8.27%, however when looking at 33305 Fort Lauderdale, FL specifically it stands at 22.86%. This means that people who have invested in housing in this area have seen an incredible return on their investment over just one year's time. The housing market in this area shows no signs of cooling down anytime soon and represents a great opportunity for potential buyers or investors.
The median home cost in Fort Lauderdale (zip 33305) is $696,000. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Fort Lauderdale (zip 33305) is up 26.9%.
Average Age of Homes
- The median age of Fort Lauderdale (zip 33305) real estate is 46 years old
The Rental Market in Fort Lauderdale (zip 33305)
- Renters make up 31.4% of the Fort Lauderdale (zip 33305) population
- 0.8% of houses and apartments in Fort Lauderdale (zip 33305), 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.