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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Lauderdale is a seller's market

Buyer's
Market

Difference Since June 2021

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

Key Takeaway

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

How much do homes in North Lauderdale, FL cost?

Median Sold Price

$270,875

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$50,875(+23.1%)

Key Takeaway

Homes in North Lauderdale have sold for 23.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $110K$105K
-4.5%
2 $150K$188K
+25.3%
3 $260K$300K
+15.4%
4 $337.5K$366K
+8.4%
5+ -$410K
N/A

Median Sold Price Compared To Nearby Cities

North Lauderdale
+23.1%
Fort Lauderdale
+19.9%
Coral Springs-Margate
+19.3%
Margate
+19.2%
Tamarac
+12.1%

How many homes are available in North Lauderdale, FL?

Number of Homes For Sale

May 2022Jun 2022%
9091+1.1%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 78
+14.3%
2 3333
0.0%
3 3839
+2.6%
4 1211
-8.3%
5+ 00
0.0%

Number of Homes Sold

May 2022Jun 2022%
2019-5.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Lauderdale, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
32 Days16 Days-47.2%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Lauderdale 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 North Lauderdale, FL

Homes for sale in North Lauderdale, FL have reached 91. In June 2022 in North Lauderdale, FL there were 1.1% more homes for sale than in May 2022. In June 2022 median list price was $270,875 and the average listing age was 16 days. Real estate listing prices changed between May 2022 and June 2022: the cost of 1 bedroom properties went down by 4.5%, prices of 2 bedrooms properties went up by 25.3%, the cost of 3 bedrooms properties went up by 15.4%, 4 bedrooms properties became 8.4% more expensive, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 14.3%, 2 bedrooms homes did not move, number of 3 bedrooms homes increased by 2.6%, 4 bedrooms homes became 8.3% less available, volume of 5 bedrooms homes stayed the same. In June 2022, from all listings sold in North Lauderdale, FL there were more than 10 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price.

Related Housing Market Reports