Is Fort Lauderdale, FL 33351 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Fort Lauderdale is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #462 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.5Under 4 months = seller’s market
Sold above original list9.2%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$256▼ −11.9% vs. last year

The Fort Lauderdale housing market right now

In the three months ending August 31, 2026, 9% of homes in Fort Lauderdale, FL 33351 sold above their list price, the typical home went under contract in 70 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 78 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold faster (82 days then) and the median sale price fell 10% to $393,830. Overall, Fort Lauderdale is less competitive than a year ago, which gives buyers more room.

Within Broward County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Fort Lauderdale ranks #462 of 796 FL ZIP codes with enough sales (score 17 out of 100).

Nearby, buyers who want less competition could look at Fort Lauderdale 33304 (1% sold over asking) or Fort Lauderdale 33316 (1% sold over asking), while Hollywood 33023 (28% sold over asking) and Fort Lauderdale 33323 (17% sold over asking) are even more competitive.

Nearby markets

Dania 33004Buyer’s market $258 /sq ftDeerfield Beach 33441Balanced $337 /sq ftDeerfield Beach 33442Balanced $210 /sq ftFort Lauderdale 33301Buyer’s market $542 /sq ft Browse all markets →

Where Fort Lauderdale is

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Questions about Fort Lauderdale real estate

Is Fort Lauderdale a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Fort Lauderdale, FL 33351 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Fort Lauderdale?

The typical home went under contract in 70 days in the latest three months.

Do homes in Fort Lauderdale sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Fort Lauderdale?

About 0.94% of a home’s value a year in Broward County, or roughly $3,760 on a $400,000 home.

What is the median home price in Fort Lauderdale?

The median sale price was $393,830 in the three months ending August 31, 2026, about $256 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology