There are currently 91,839 real estate properties in Fort Lauderdale, FL, with a median automated valuation model (AVM) price of $342,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Lauderdale, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fort Lauderdale, FL, is $526,319.00, with the most expensive house in Fort Lauderdale, FL, topping out at $36,043,300.00 and the cheapest home in Fort Lauderdale, FL, clocking in at $37,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Lauderdale, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Lauderdale, FL, is on a rollercoaster ride. The average rent price in Fort Lauderdale, FL, is $2,055.00. Indeed, when looking to rent in Fort Lauderdale, FL, you can expect to pay as little as $770.00 or as much as $5,960.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Fort Lauderdale, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Fort Lauderdale, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Fort Lauderdale, FL and much more. Save thousands at closing with home foreclosure listings in Fort Lauderdale, FL — up to 75% off market value!
Fort Lauderdale is located in Broward, Florida, with an estimated municipal population of 182,437 residents. All of the best foreclosed homes for sale in Fort Lauderdale are located in the following zip code areas on Foreclosure.com: 33301 33304 33305 33306 33308 33309 33334 33316 33315 33312 33311 33320 33336 33338 33339 33340 33346 33348 33394. The estimated population per square kilometer (.62 miles) in Fort Lauderdale is 2,036.
So, about how much do homes cost in Fort Lauderdale? The most recent median value of resident-owned homes in Fort Lauderdale is 332,591. An estimated 52.7 percent of households in Fort Lauderdale own their homes, with an average family size of 3.32. The median household income in Fort Lauderdale is 59,450, with30.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fort Lauderdale, the median commute time of resident workers (in minutes) is 27. And last, but certainly not least, are you looking for homes to rent in Fort Lauderdale? If so, the average rent price paid by renters in Fort Lauderdale is 1,293, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Fort Lauderdale, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Fort Lauderdale is 42.1, split between 52.2 percent male versus 47.8 female. The percentage of residents who report being married in Fort Lauderdale is 36.4, with an average family size of 3.32.
The percentage of residents who report their race in Fort Lauderdale is as follows:
|Black / African American||32.2%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Fort Lauderdale? Or maybe you are searching for 55+ active adult communities in and/or near Fort Lauderdale?
The percentage of residents who report their age in Fort Lauderdale is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Fort Lauderdale with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fort Lauderdale.
How do you know that living in -- or moving to -- Fort Lauderdale is right where you need to be? Perhaps you grew up in Fort Lauderdale or already live nearby; therefore, the decision to buy a home in Fort Lauderdale is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fort Lauderdale for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Fort Lauderdale:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fort Lauderdale.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fort Lauderdale can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fort Lauderdale, meanwhile, can field multiple offers from more qualified buyers.