Is Fort Lauderdale, FL 33316 a buyer’s or seller’s market?

The Fort Lauderdale housing market right now

In the three months ending August 31, 2026, 1% of homes in Fort Lauderdale, FL 33316 sold above their list price, the typical home went under contract in 126 days and there were 10.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 76 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (3% then), homes sold faster (151 days then) and the median sale price rose 106% to $1,027,805. Overall, Fort Lauderdale is more competitive than a year ago, so tougher for buyers.

Within Broward County, homes here sell more slowly than in 98% of the county’s ZIP codes, and sell less often over asking than in 98%. On our competition score, Fort Lauderdale ranks #792 of 796 FL ZIP codes with enough sales (score 2 out of 100).

Nearby, Hollywood 33023 (28% sold over asking) and Fort Lauderdale 33323 (17% sold over asking) are even more competitive.