Buyer's MarketMay 2026

Fort Lauderdale Housing Market Report

Live MLS data · 782 active listings · $590K median · Updated May 2026

TL;DR

The Fort Lauderdale housing market has 782 active listings with a median asking price of $590K as of May 2026. 73% of listings have had a price reduction. Average price per square foot is $614, with homes spending an average of 96 days on market — a buyer's market.

782

Active Listings

$590K

Median Price

$614

Avg $/sqft

96

Avg Days on Market

73%

Price Reduced

Price Distribution

Under $300K
124 (16%)
$300K–$500K
201 (26%)
$500K–$750K
137 (18%)
$750K–$1M
79 (10%)
$1M–$2M
132 (17%)
$2M+
109 (14%)

By Property Type

Condos
$499K
Single-Family
$668K
Townhouses
$935K
Stock cooperative
$229K
Hotel/motel
$265K

Median Price by Bedrooms — Fort Lauderdale

BedroomsActive ListingsMedian Price
Studio/1 BR138$285K
2 BR246$540K
3 BR211$600K
4 BR118$1.2M
5+ BR69$3.4M

ELLA AI Market Analysis — Fort Lauderdale

The Fort Lauderdale real estate market currently has 782 active listings as of May 2026, with a median asking price of $590K and an average of $614/sqft. Homes are spending an average of 96 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Stock cooperative represent the best value in Fort Lauderdale right now, with an average price per square foot of $359 and a median asking price of $229K. There are currently 14 active stock cooperative listings available.

With 73% of listings having seen a price reduction, there is meaningful negotiating room in Fort Lauderdale. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — Fort Lauderdale Real Estate Market

What is the average home price in Fort Lauderdale right now?

As of May 2026, the median asking price in Fort Lauderdale is $590K, with an average of $1.5M. Prices range from $75K to $33M. The average price per square foot is $614.

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

Fort Lauderdale is currently a buyer's market. Homes average 96 days on market and 73% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in Fort Lauderdale?

As of May 2026, homes in Fort Lauderdale spend an average of 96 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in Fort Lauderdale?

Stock cooperative are currently the most affordable by price per square foot in Fort Lauderdale, averaging $359/sqft with a median price of $229K. There are 14 active stock cooperative listings available.

How much can I save buying in Fort Lauderdale with Casa Simple?

Based on the median home price of $590K in Fort Lauderdale, Casa Simple buyers typically receive a rebate of $4K–$8K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate depends on purchase price and plan.

What is the average HOA fee in Fort Lauderdale?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in Fort Lauderdale?

ELLA analyzes every listing in Fort Lauderdale with an AI-powered IQ score. Get up to $8K back at closing.