Is Pompano Beach, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Pompano Beach is a neutral's market


Difference Since May 2022

At the same time last year, Pompano Beach was a Seller's Market.

Key Takeaway

Pompano Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Pompano Beach, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Pompano Beach have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $160K$190.5K
2 $250.7K$300K
3 $379.5K$420K
4 $545K$498K
5+ $625K$475K

Median Sold Price Compared To Nearby Cities

Lighthouse Point
Hillsboro Beach
Deerfield Beach
Pompano Beach

How many homes are available in Pompano Beach, FL?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 5154
2 183197
3 141132
4 2632
5+ 1523

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pompano Beach, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.

How long does it take to sell a home in Pompano Beach, FL?

How long does it take to sell a home in Pompano Beach, FL?

Average Sale Time

May 2022May 2023%
28 Days44 Days+54.6%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pompano Beach 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.

What housing markets are near Pompano Beach, FL?

About Pompano Beach, FL

Pompano Beach, FL has 438 homes for sale to choose from. In May 2023 in Pompano Beach, FL there were 5.3% more homes for sale than in April 2023. While the average time on the market in May 2023 was 44 days, the median list price was $350,000. Listing prices have changed in this real estate market between April 2023 and May 2023: 1 bedroom properties prices increased by 19.1%, the cost of 2 bedrooms properties went up by 19.6%, 3 bedrooms properties prices increased by 10.7%, prices of 4 bedrooms properties went down by 8.6%, 5 bedrooms properties prices decreased by 24%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 5.9%, the quantity of 2 bedrooms homes went up by 7.7%, volume of 3 bedrooms homes went down by 6.4%, volume of 4 bedrooms homes went up by 23.1%, 5 bedrooms homes inventory increased by 53.3%. While more than 6 listings in Pompano Beach, FL in May 2023 were sold above asking price, there were more than 16 listings sold at asking price, and more than 42 were sold below.