The Downtown Fort Lauderdale housing market is not very competitive. The median sale price of a home in Downtown Fort Lauderdale was $715K last month, down 21.6% since last year. The median sale price per square foot in Downtown Fort Lauderdale is $509, up 0.2% since last year.
What is the housing market like in Downtown Fort Lauderdale today?
In April 2024, Downtown Fort Lauderdale home prices were down 21.6% compared to last year, selling for a median price of $715K. On average, homes in Downtown Fort Lauderdale sell after 153 days on the market compared to 68 days last year. There were 29 homes sold in April this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$715,000
-21.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Fort Lauderdale, FL
$715,000
-21.6%
United States
To compare other locations to the Downtown Fort Lauderdale and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fort Lauderdale add value to a home.
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How hot is the Downtown Fort Lauderdale housing market?
Downtown Fort Lauderdale is not very competitive. Homes sell in 122 days.
0
100
9
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 122 days.
Hot homes
can sell for about 1% below list price and go pending in around 63 days.
Learn about schools in the Downtown Fort Lauderdale area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Fort Lauderdale housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Fort Lauderdale.
Risk Factor
Flood Factor - Major
94% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Fort Lauderdale has a major risk of flooding. 296 properties in Downtown Fort Lauderdale are likely to be
severely affected
by flooding over the next 30 years. This represents 94% of all properties in Downtown Fort Lauderdale. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Fort Lauderdale has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Fort Lauderdale is most at risk from hurricanes. 503 properties in Downtown Fort Lauderdale have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 183 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 192 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Fort Lauderdale has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Fort Lauderdale have an Extreme Heat Factor®.
Downtown Fort Lauderdale is expected to see a 257% increase in the number of days over 105ºF over the next 30 years. Downtown Fort Lauderdale is expected to experience 6