$1,603 Closing Credit*
$135,000
1,120 SqFt
2 Beds
•2 Full Baths
Gaelle Cenord, Listing Office: Fowlkes Realty Co
Is Lauderhill, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lauderhill was a Seller's Market.
Key Takeaway
Lauderhill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lauderhill, FL
How much do homes in Lauderhill, FL cost?
Median Sold Price
$250,833
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,833(+29.3%)
Key Takeaway
Homes in Lauderhill have sold for 29.3% more than they did a year ago.
Summary: The median home sold price in Lauderhill was $250,833 in October 2024, up 29.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $108.9K | +3.7% |
| 2 Bedrooms | $160.6K | $162K | +0.8% |
| 3 Bedrooms | $370K | $410K | +10.8% |
| 4 Bedrooms | $465K | $475K | +2.2% |
| 5+ Bedrooms | $385K | $455K | +18.2% |
Summary: Lauderhill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Lauderhill | $194K | $250.8K | +29.3% |
| Lauderdale Lakes | $145K | $172K | +18.6% |
| Plantation | $440K | $486.8K | +10.6% |
| Tamarac | $299K | $330K | +10.3% |
| Fort Lauderdale | $450K | $484.4K | +7.7% |
Housing Supply in Lauderhill, FL
How many homes are available in Lauderhill, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 387 | 403 | +4.1% |
Summary: The Lauderhill real estate market had 403 homes for sale in October 2024, a 4.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 69 | 73 | +5.8% |
| 2 Bedrooms | 205 | 211 | +2.9% |
| 3 Bedrooms | 79 | 85 | +7.6% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lauderhill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lauderhill, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Lauderhill in October 2024, down by 6.3% month-over-month. Of the 30 sold homes, 57% were sold under asking, 27% were sold at asking, and 17% were sold over asking.
Days on Market for Lauderhill, FL
How long does it take to sell a home in Lauderhill, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 58 Days | +26.0% |
Summary: Homes in Lauderhill had an average of 58 days on market in Oct 2024, up by 26% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lauderhill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Lauderhill; 37% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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