Is Lauderhill, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lauderhill is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Lauderhill has remained a Seller's Market.

Key Takeaway

Lauderhill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Lauderhill, FL cost?

Median Sold Price

$159,098

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

-$7,901(-4.7%)

Key Takeaway

Homes in Lauderhill have sold for 4.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $62.5K$79.5K
+27.2%
2 $100.7K$128K
+27.1%
3 $271.2K$301.2K
+11.1%
4 $377.5K$375K
-0.7%
5+ $284K$396K
+39.4%

Median Sold Price Compared To Nearby Cities

Lauderdale Lakes
+20.1%
Fort Lauderdale
+19.9%
Plantation
+19.6%
Tamarac
+12.1%
Lauderhill
-4.7%

How many homes are available in Lauderhill, FL?

Number of Homes For Sale

May 2022Jun 2022%
253255+0.8%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 4954
+10.2%
2 123119
-3.3%
3 5859
+1.7%
4 2022
+10.0%
5+ 31
-66.7%

Number of Homes Sold

May 2022Jun 2022%
5947-20.3%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lauderhill, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
59 Days43 Days-26.2%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lauderhill are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lauderhill, FL

Lauderhill, FL has 255 homes on the market. Between May 2022 and June 2022, Lauderhill, FL real estate market has seen increase in the number of listings by 0.8%. Listings spent 43 days on the market in June 2022, and had a median list price of $159,098 during the same period. This housing market listing prices have changed between May 2022 and June 2022: prices of 1 bedroom properties increased by 27.2%, the cost of 2 bedrooms properties went up by 27.1%, the cost of 3 bedrooms properties went up by 11.1%, 4 bedrooms properties prices decreased by 0.7%, 5 bedrooms properties became 39.4% more expensive. Volume of homes for sale changed: number of 1 bedroom homes increased by 10.2%, 2 bedrooms homes became 3.3% less available, volume of 3 bedrooms homes went up by 1.7%, volume of 4 bedrooms homes went up by 10%, volume of 5 bedrooms homes went down by 66.7%. In June 2022 more than 14 listings in Lauderhill, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 25 were sold below.

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