Cooper City, FL Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Cooper City, FL Housing Market Trends

With 35,800 people, 11,280 houses or apartments, and a median cost of homes of $446,188, 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 75.41% of the city's housing units. Other types of housing that are prevalent in Cooper City include row houses and other attached homes ( 16.82%), large apartment complexes or high rise apartments ( 6.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.36%).

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 84.65% of Cooper City's homes, and 75.50% 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 ( 19.24%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.68%).

Cooper City Home Appreciation Rates

In the last 10 years, Cooper City has experienced some of the highest home appreciation rates of any community in the nation. Cooper City real estate appreciated 92.32% over the last ten years, which is an average annual home appreciation rate of 6.76%, putting Cooper City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cooper City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Cooper City's appreciation rate, at 9.38%, has been at or slightly above the national average. In the latest quarter, Cooper City's appreciation rate has been 3.40%, which annualizes to a rate of 14.31%.

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:
$446,188

Cooper City, FL HOME PRICES

> $1,258,000
0.8%
0.8%
$944,001 - $1,258,000
1.5%
1.5%
$629,001 - $944,000
13.3%
13.3%
$503,001 - $629,000
23.0%
23.0%
$377,001 - $503,000
33.2%
33.2%
$252,001 - $377,000
21.1%
21.1%
$126,001 - $252,000
5.1%
5.1%
$63,001 - $126,000
0.9%
0.9%
$0 - $63,000
1.1%
1.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for FL

Value Relative To Nation

Number Of Homes And Apartments:
11,280

Cooper City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
169.12% 4.71%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,413 / per month

Homeownership Rate

Owners
84.6%
84.6%
Renters
15.4%
15.4%
Vacant
3.8%
3.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
19.2%
19.2%
1970 - 1999
72.9%
72.9%
1940 - 1969
7.7%
7.7%
1939 or Older
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
75.4%
75.4%
Townhomes
16.8%
16.8%
Small Apt. Buildings
1.4%
1.4%
Apt. Complexes
6.0%
6.0%
Mobile Homes
0.2%
0.2%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.2%
0.2%
1 Bedroom
3.2%
3.2%
2 Bedrooms
13.8%
13.8%
3 Bedrooms
45.9%
45.9%
4 Bedrooms
29.6%
29.6%
5 or more bedrooms
7.4%
7.4%
0.0% 100.0%
% OF HOMES