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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



North Lauderdale, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

North Lauderdale, FL Housing Market Trends

With 44,541 people, 15,394 houses or apartments, and a median cost of homes of $334,761, North Lauderdale real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in North Lauderdale, accounting for 39.04% of the city's housing units. Other types of housing that are prevalent in North Lauderdale include large apartment complexes or high rise apartments ( 33.77%), row houses and other attached homes ( 13.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.27%).

The most prevalent building size and type in North Lauderdale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.85% owning and 42.15% renting.

There is a lot of housing in North Lauderdale 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 North Lauderdale built between 1940-1969 ( 14.84%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.54%). There's also some housing in North Lauderdale built before 1939 ( 1.49%).

North Lauderdale Home Appreciation Rates

In the last 10 years, North Lauderdale has experienced some of the highest home appreciation rates of any community in the nation. North Lauderdale real estate appreciated 210.88% over the last ten years, which is an average annual home appreciation rate of 12.01%, putting North Lauderdale in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, North Lauderdale 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 North Lauderdale that despite a nationwide downturn in the housing market, North Lauderdale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, North Lauderdale appreciation rates continue to be some of the highest in America, at 7.63%, which is higher than appreciation rates in 79.38% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in North Lauderdale. North Lauderdale appreciation rates in the latest quarter were at 1.92%, which equates to an annual appreciation rate of 7.90%.

Relative to Florida, our data show that North Lauderdale's latest annual appreciation rate is higher than 80% 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 North Lauderdale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in North Lauderdale - 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 North Lauderdale real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$334,761

North Lauderdale, FL Home Prices
> $1,442,000
$1,081,001 - $1,442,000
$721,001 - $1,081,000
$577,001 - $721,000
$433,001 - $577,000
$288,001 - $433,000
$144,001 - $288,000
$72,001 - $144,000
$0 - $72,000
0.0%
0.0%
0.5%
0.5%
0.8%
0.8%
6.3%
6.3%
19.9%
19.9%
43.7%
43.7%
23.2%
23.2%
2.7%
2.7%
2.8%
2.8%
0% 100.0%
% of Homes
Average

for Florida

High

for nation

Number of Homes And Apartments:

15,394

North Lauderdale Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,618 / per month

Homeownership Rate

Owners
Renters
57.8%
57.8%
42.2%
42.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.7%
5.7%
94.3%
94.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.5%
9.5%
74.1%
74.1%
14.8%
14.8%
1.5%
1.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
39.0%
39.0%
13.7%
13.7%
9.3%
9.3%
33.8%
33.8%
4.2%
4.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
6.8%
6.8%
36.5%
36.5%
44.0%
44.0%
9.8%
9.8%
0.4%
0.4%
0% 100.0%
% of Homes