North Lauderdale, FL


Highest Appreciating North Lauderdale Neighborhoods Since 2000

North Lauderdale, FL Real Estate Data

North Lauderdale Housing Market Information

With 43,703 people, 12,047 houses or apartments, and a median cost of homes of $167,280, North Lauderdale real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in North Lauderdale, accounting for 36.80% of the city's housing units. Other types of housing that are prevalent in North Lauderdale include large apartment complexes or high rise apartments ( 34.20%), row houses and other attached homes ( 13.13%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.71%).

People in North Lauderdale primarily live in small (one, two or no bedroom) single-family detached homes. North Lauderdale has a mixture of owner-occupied and renter-occupied housing.

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 ( 15.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.44%).

Vacant housing appears to be an issue in North Lauderdale. Fully 13.72% of the housing stock is classified as vacant. Left unchecked, vacant North Lauderdale homes and apartments can be a drag on the real estate market, holding North Lauderdale real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

North Lauderdale Home Appreciation Rates

Homes have actually lost value in North Lauderdale over the last then years, as home values have seen a decline of 32.97% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows North Lauderdale home appreciation rates at 2.59%, which equates to an annual appreciation rate of 10.76%.

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 9.83%, which is higher than appreciation rates in 97.55% 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 2.59%, which equates to an annual appreciation rate of 10.76%.

Relative to Florida, our data show that North Lauderdale's latest annual appreciation rate is higher than 60% 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:

North Lauderdale, FL HOME PRICES

Value Range
> $1,513,000 0.0
$1,135,001 - $1,513,000 0.3
$757,001 - $1,135,000 0.0
$605,001 - $757,000 0.2
$454,001 - $605,000 0.6
$303,001 - $454,000 5.6
$151,001 - $303,000 48.1
$76,001 - $151,000 32.1
$0 - $76,000 13.2

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
43.7898928383205 60.4700854700855

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,558 / per month

Homeownership Rate

Owners 54.92
Renters 45.08
Vacant 13.72

Housing Market Details


Age of Homes

AGE OF North Lauderdale HOMES
2000 or Newer 8.4
1970 - 1999 76.1
1940 - 1969 15.0
1939 or Older 0.4

Types of Homes

TYPE OF North Lauderdale HOMES
Single-Family 36.8
Townhomes 13.1
Small Apt. Buildings 12.7
Apt. Complexes 34.2
Mobile Homes 3.2
Other 0.0

Home Size

SIZE OF North Lauderdale HOMES
No Bedroom 0.90
1 Bedroom 10.91
2 Bedrooms 42.06
3 Bedrooms 35.61
4 Bedrooms 9.48
5 or more bedrooms 1.03

North Lauderdale Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
70.11% 3.17% 5 8
* 10 is highest