The Fort Lauderdale housing market is not very competitive. Homes in Fort Lauderdale receive 2 offers on average and sell in around 90 days. The median sale price of a home in Fort Lauderdale was $575K last month, up 13.0% since last year. The median sale price per square foot in Fort Lauderdale is $418, up 4.8% since last year.
What is the housing market like in Fort Lauderdale today?
In March 2024, Fort Lauderdale home prices were up 13.0% compared to last year, selling for a median price of $575K. On average, homes in Fort Lauderdale sell after 90 days on the market compared to 66 days last year. There were 359 homes sold in March this year, down from 423 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$575,000
+13.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Fort Lauderdale, FL
$575,000
+13.0%
United States
To compare other locations to the Fort Lauderdale and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Fort Lauderdale's median sale price is 40% higher than the national average. Overall cost of living in Fort Lauderdale is 18% higher than the national average. Learn which home features in Fort Lauderdale add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Fort Lauderdale housing market?
Fort Lauderdale is not very competitive. Homes sell in 85 days.
0
100
19
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 85 days.
Hot homes
can sell for around list price and go pending in around 42 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Fort Lauderdale, FL
95.3%
-0.75 pt
United States
Fort Lauderdale Migration & Relocation Trends
In Jan '24 - Mar '24, 26% of Fort Lauderdale homebuyers searched to move out of Fort Lauderdale, while 74% looked to stay within the metropolitan area.
Where are people moving to Fort Lauderdale from?
Across the nation, 3% of homebuyers searched to move into Fort Lauderdale from outside metros.
New York homebuyers searched to move into Fort Lauderdale more than any other metro followed by Washington and Boston.
Where are people from Fort Lauderdale moving to?
74% of Fort Lauderdale homebuyers searched to stay within the Fort Lauderdale metropolitan area.
Cape Coral was the most popular destination among Fort Lauderdale homebuyers followed by Orlando and Jacksonville.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Fort Lauderdale
Explore recent offers and recently sold homes in Fort Lauderdale
Recent offers
Winning Offer|
6 Weeks Ago
~$225K Offer
1bd | 1.5ba | ~750sqft
Under List Price
18%
Days on Market
30
Competing Offers
0
Down Payment
—
Lindsay Garcia
Fort Lauderdale Redfin Agent
View houses in Fort Lauderdale that sold recently
Recently sold homes
SOLD APR 19, 2024
VIDEO TOUR
$10,104,000 Last Sold Price
6 beds
6.5 baths
5,054 sq ft
2200 N Ocean Blvd Unit S2201, Fort Lauderdale, FL 33305
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Bayview Elementary School
Public • K-5
579
Students
28 reviews
9/10
Harbordale Elementary School
Public • PreK-5
499
Students
14 reviews
9/10
Floranada Elementary School
Public • PreK-5
751
Students
16 reviews
8/10
Virginia Shuman Young Elementary School
Public • PreK-5 • Choice school
684
Students
24 reviews
7/10
Wilton Manors Elementary School
Public • PreK-5
617
Students
6 reviews
Only showing 5 of
30 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Fort Lauderdale housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fort Lauderdale.
Risk Factor
Flood Factor - Moderate
79% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fort Lauderdale has a moderate risk of flooding. 10,454 properties in Fort Lauderdale are likely to be
severely affected
by flooding over the next 30 years. This represents 79% of all properties in Fort Lauderdale. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Fort Lauderdale has a minor risk of wildfire. There are 22 properties in Fort Lauderdale that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Fort Lauderdale.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Fort Lauderdale has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fort Lauderdale is most at risk from hurricanes. 55,166 properties in Fort Lauderdale have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 225 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 236 mph.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Fort Lauderdale has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Fort Lauderdale have an Extreme Heat Factor®.
Fort Lauderdale is expected to see a 257% increase in the number of days over 105ºF over the next 30 years. Fort Lauderdale is expected to experience 7