There are currently 11,988 real estate properties in Lauderdale Lakes, FL, with a median automated valuation model (AVM) price of $158,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lauderdale Lakes, 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 Lauderdale Lakes, FL, is $228,508.00, with the most expensive house in Lauderdale Lakes, FL, topping out at $2,700,000.00 and the cheapest home in Lauderdale Lakes, FL, clocking in at $26,703.00. In other words, there’s something for every potential homebuyer or savvy investor in Lauderdale Lakes, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lauderdale Lakes, FL, is on a rollercoaster ride. The average rent price in Lauderdale Lakes, FL, is $1,246.00. Indeed, when looking to rent in Lauderdale Lakes, FL, you can expect to pay as little as $680.00 or as much as $4,620.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Lauderdale Lakes, 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.
Lauderdale Lakes is located in Broward, Florida, with an estimated municipal population of 36,194 residents. All of the best foreclosed homes for sale in Lauderdale Lakes are located in the following zip code areas on Foreclosure.com: 33309 33313 33311 33319. The estimated population per square kilometer (.62 miles) in Lauderdale Lakes is 3,796.
So, about how much do homes cost in Lauderdale Lakes? The most recent median value of resident-owned homes in Lauderdale Lakes is 131,980. An estimated 55.1 percent of households in Lauderdale Lakes own their homes, with an average family size of 3.82. The median household income in Lauderdale Lakes is 35,532, with6.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lauderdale Lakes, the median commute time of resident workers (in minutes) is 29.9. And last, but certainly not least, are you looking for homes to rent in Lauderdale Lakes? If so, the average rent price paid by renters in Lauderdale Lakes is 1,120, 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 Lauderdale Lakes, 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 Lauderdale Lakes is 37.6, split between 46 percent male versus 54 female. The percentage of residents who report being married in Lauderdale Lakes is 34, with an average family size of 3.82.
The percentage of residents who report their race in Lauderdale Lakes is as follows:
| White | 11.5% |
| Black / African American | 83.6% |
| Asian | 1.6% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3% |
| Other | 0.2% |
Looking for family-friendly neighborhoods in and/or near Lauderdale Lakes? Or maybe you are searching for 55+ active adult communities in and/or near Lauderdale Lakes?
The percentage of residents who report their age in Lauderdale Lakes is as follows:
| Under 10 | 13.5% |
| Aged 10-19 | 12.6% |
| 20s | 14.6% |
| 30s | 12.1% |
| 40s | 11.2% |
| 50s | 13.1% |
| 60s | 11.2% |
| 70s | 7.8% |
| 80+ | 3.8% |
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 Lauderdale Lakes with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lauderdale Lakes.
How do you know that living in -- or moving to -- Lauderdale Lakes is right where you need to be? Perhaps you grew up in Lauderdale Lakes or already live nearby; therefore, the decision to buy a home in Lauderdale Lakes is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lauderdale Lakes 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 Lauderdale Lakes:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lauderdale Lakes.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lauderdale Lakes can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lauderdale Lakes, meanwhile, can field multiple offers from more qualified buyers.
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