Home Values in Fort Lauderdale, Florida — 2026 Market Report
Updated March 2026 | Balanced Market | +5.4% YoY
The median home value in Fort Lauderdale, Florida is $465,000 as of March 2026, which is above the national median of $400,000. Home values in Fort Lauderdale have increased by 5.4% over the past year and 30.1% over the last five years. With a population of 182,760 and a median household income of $55,825, the price-to-income ratio stands at 8.3x, making Fort Lauderdale affordable for the average household.
Fort Lauderdale Housing Market Conditions
| Metric | Fort Lauderdale | National Avg |
|---|---|---|
| Median Home Value | $465,000 | $400,000 |
| YoY Appreciation | +5.4% | +3.8% |
| 5-Year Appreciation | +30.1% | +22.4% |
| Price per Sq Ft | $249 | $222 |
| Days on Market | 43 days | 45 days |
| Months of Supply | 4.7 | 3.5 |
| List-to-Sale Ratio | 101.4% | 98.5% |
| Monthly Homes Sold | 105 | — |
| Foreclosure Rate | 0.66% | 0.3% |
Home Value Trends in Fort Lauderdale
A homeowner who purchased at the median price of $357,417 five years ago in Fort Lauderdale would have gained approximately $107,583 in equity, representing a 30.1% return on investment. Over the past year alone, the typical homeowner gained $23,824 in home equity.
Affordability in Fort Lauderdale, FL
With a median household income of $55,825 and a median home price of $465,000, the price-to-income ratio in Fort Lauderdale is 8.3x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,799 compared to estimated monthly ownership costs of $2,542 gives a rent-vs-buy ratio of 0.91. In Fort Lauderdale, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Fort Lauderdale
The effective property tax rate in Florida is 0.86%. On a home valued at $465,000, the estimated annual property tax bill is $3,999, or approximately $333/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Fort Lauderdale is 115.5 (100 = national average), indicating living costs are above the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Fort Lauderdale, FL?
The median home value in Fort Lauderdale, Florida is $465,000 as of March 2026. Home values have changed +5.4% over the past year, with a 5-year appreciation of 30.1%.
Is Fort Lauderdale a buyer's or seller's market?
Fort Lauderdale is currently a balanced market with 4.7 months of housing supply. Homes spend an average of 43 days on market, and the list-to-sale price ratio is 101.4%. Supply and demand are relatively balanced.
Are home values going up in Fort Lauderdale?
Yes, home values in Fort Lauderdale have increased by 5.4% over the past year. The 5-year appreciation rate is 30.1%, meaning a home worth $357,417 five years ago is now worth $465,000.
Is it better to rent or buy in Fort Lauderdale?
The average monthly rent in Fort Lauderdale is $2,799, while estimated monthly homeownership costs are approximately $2,542. The price-to-rent ratio is 13.8. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Fort Lauderdale, Florida is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.