Cooper City, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Cooper City Neighborhoods Since 2000




Cooper City, FL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Cooper City Housing Market Information

With a population of 35,364, 10,727 total housing units (homes and apartments), and a median house value of $377,312, Cooper City house prices are not only among the most expensive in Florida, Cooper City real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Cooper City, accounting for 79.35% of the city's housing units. Other types of housing that are prevalent in Cooper City include row houses and other attached homes ( 13.27%), large apartment complexes or high rise apartments ( 3.84%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.38%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cooper City. Owner-occupied housing accounts for 86.03% of Cooper City's homes, and 76.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cooper City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Cooper City built between 2000 and later ( 15.55%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.33%).

Cooper City Home Appreciation Rates

Real estate appreciation rates in Cooper City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.80% during the period.

Appreciation rates are so strong in Cooper City that despite a nationwide downturn in the housing market, Cooper City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cooper City appreciation rates continue to be some of the highest in America, at 5.73%, which is higher than appreciation rates in 71.67% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cooper City. Cooper City appreciation rates in the latest quarter were at 1.80%, which equates to an annual appreciation rate of 7.39%.

Importantly, this makes Cooper City one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Florida, our data show that Cooper City's latest annual appreciation rate is lower than 70% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Cooper City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cooper City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Cooper City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$377,312

Cooper City, FL HOME PRICES

Value Range
> $1,322,000 0.6
$991,001 - $1,322,000 1.1
$661,001 - $991,000 6.5
$529,001 - $661,000 11.4
$397,001 - $529,000 26.6
$265,001 - $397,000 30.7
$132,001 - $265,000 19.5
$66,001 - $132,000 1.0
$0 - $66,000 2.6

Very High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
10.5121293800539 18.1623931623932

Number Of Homes And Apartments:
10,727

Cooper City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
115.99% 4.57% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,778 / per month

Homeownership Rate

Homeownership
Owners 86.03
Renters 13.97
Vacant 3.96

Housing Market Details

 

Age of Homes

AGE OF Cooper City HOMES
2000 or Newer 15.6
1970 - 1999 77.9
1940 - 1969 6.3
1939 or Older 0.3

Types of Homes

TYPE OF Cooper City HOMES
Single-Family 79.4
Townhomes 13.3
Small Apt. Buildings 3.4
Apt. Complexes 3.8
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Cooper City HOMES
No Bedroom 0.57
1 Bedroom 1.67
2 Bedrooms 13.56
3 Bedrooms 46.59
4 Bedrooms 30.07
5 or more bedrooms 7.55