Cooper City FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Cooper City Housing Market Information

With 35,853 people, 11,209 houses or apartments, and a median cost of homes of $434,721, 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 75.89% of the city's housing units. Other types of housing that are prevalent in Cooper City include row houses and other attached homes ( 16.35%), large apartment complexes or high rise apartments ( 5.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.82%).

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 84.89% of Cooper City's homes, and 74.60% 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 ( 19.89%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.21%).

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 69.68% over the last ten years, which is an average annual home appreciation rate of 5.43%, 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.

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 5.40%, which is higher than appreciation rates in 77.61% 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 1.94%, which equates to an annual appreciation rate of 7.97%.

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 higher than 50% 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:
$434,721

Cooper City, FL HOME PRICES

Value Range
> $1,214,000 0.8
$910,001 - $1,214,000 1.2
$607,001 - $910,000 11.7
$486,001 - $607,000 19.3
$364,001 - $486,000 33.5
$243,001 - $364,000 23.2
$121,001 - $243,000 8.0
$61,001 - $121,000 0.8
$0 - $61,000 1.4

Very High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
9.89197080291971 17.0212765957447

Number Of Homes And Apartments:
11,209

Cooper City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
146.54% 4.62%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,172 / per month

Homeownership Rate

Homeownership
Owners 84.89
Renters 15.11
Vacant 4.29

Housing Market Details

 

Age of Homes

AGE OF Cooper City HOMES
2000 or Newer 19.9
1970 - 1999 72.8
1940 - 1969 7.2
1939 or Older 0.1

Types of Homes

TYPE OF Cooper City HOMES
Single-Family 75.9
Townhomes 16.4
Small Apt. Buildings 1.8
Apt. Complexes 5.5
Mobile Homes 0.3
Other 0.1

Home Size

SIZE OF Cooper City HOMES
No Bedroom 0.34
1 Bedroom 2.89
2 Bedrooms 14.22
3 Bedrooms 44.01
4 Bedrooms 30.58
5 or more bedrooms 7.96