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

Housing Market Conditions



Gauge showing Tamarac is a buyer's market


Difference Since November 2022

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

Key Takeaway

Tamarac is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tamarac, FL

How much do homes in Tamarac, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Tamarac have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Tamarac was $302,045 in November 2023, up 8.6% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $110K$130K
2 $249.9K$267K
3 $408K$425K
4 $500K$580K
5+ $435K$853.6K

Summary: Tamarac housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 96.2%.

Median Sold Price Compared To Nearby Cities

North Lauderdale
Lauderdale Lakes
Coral Springs-Margate
Coral Springs

Housing Supply in Tamarac, FL

How many homes are available in Tamarac, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Tamarac real estate market had 349 homes for sale in November 2023, a 1.2% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 3130
2 231235
3 7373
4 1010
5+ 01

Summary: The Tamarac housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 1.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tamarac, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Tamarac in November 2023, down by 35.6% month-over-month. Of the 38 sold homes, 63% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for Tamarac, FL

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

Average Sale Time

Nov 2022Nov 2023CHANGE
37 Days41 Days+13.0%

Summary: Homes in Tamarac had an average of 41 days on market in Nov 2023, up by 13% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 38 homes were sold in Tamarac; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

Newest Listings in Tamarac, FL

Nearby Markets to Tamarac, FL

What housing markets are near Tamarac, FL?