Home Values in Pompano Beach, Florida — 2026 Market Report
Updated March 2026 | Buyer's Market | +4.6% YoY
The median home value in Pompano Beach, Florida is $385,000 as of March 2026, which is near the national median of $400,000. Home values in Pompano Beach have increased by 4.6% over the past year and 25.2% over the last five years. With a population of 112,118 and a median household income of $45,250, the price-to-income ratio stands at 8.5x, making Pompano Beach affordable for the average household.
Pompano Beach Housing Market Conditions
| Metric | Pompano Beach | National Avg |
|---|---|---|
| Median Home Value | $385,000 | $400,000 |
| YoY Appreciation | +4.6% | +3.8% |
| 5-Year Appreciation | +25.2% | +22.4% |
| Price per Sq Ft | $168 | $222 |
| Days on Market | 45 days | 45 days |
| Months of Supply | 5 | 3.5 |
| List-to-Sale Ratio | 101.5% | 98.5% |
| Monthly Homes Sold | 107 | — |
| Foreclosure Rate | 0.71% | 0.3% |
Home Value Trends in Pompano Beach
A homeowner who purchased at the median price of $307,508 five years ago in Pompano Beach would have gained approximately $77,492 in equity, representing a 25.2% return on investment. Over the past year alone, the typical homeowner gained $16,931 in home equity.
Affordability in Pompano Beach, FL
With a median household income of $45,250 and a median home price of $385,000, the price-to-income ratio in Pompano Beach is 8.5x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,112 compared to estimated monthly ownership costs of $2,104 gives a rent-vs-buy ratio of 1.00. In Pompano Beach, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Pompano Beach
The effective property tax rate in Florida is 0.86%. On a home valued at $385,000, the estimated annual property tax bill is $3,311, or approximately $276/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Pompano Beach is 103.5 (100 = national average), indicating living costs are near the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Pompano Beach, FL?
The median home value in Pompano Beach, Florida is $385,000 as of March 2026. Home values have changed +4.6% over the past year, with a 5-year appreciation of 25.2%.
Is Pompano Beach a buyer's or seller's market?
Pompano Beach is currently a buyer's market with 5 months of housing supply. Homes spend an average of 45 days on market, and the list-to-sale price ratio is 101.5%. Supply and demand are relatively balanced.
Are home values going up in Pompano Beach?
Yes, home values in Pompano Beach have increased by 4.6% over the past year. The 5-year appreciation rate is 25.2%, meaning a home worth $307,508 five years ago is now worth $385,000.
Is it better to rent or buy in Pompano Beach?
The average monthly rent in Pompano Beach is $2,112, while estimated monthly homeownership costs are approximately $2,104. The price-to-rent ratio is 15.2. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Pompano Beach, 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.