Home Values in Fort Lauderdale Neighborhoods: A Market Overview

Fort Lauderdale, a vibrant coastal city in Florida, features a diverse real estate market where home values can differ dramatically from one neighborhood to the next. With over 60 officially recognized neighborhoods—and another 25 to 30 well-known but unofficial ones—the city offers a wide array of residential choices. For homeowners evaluating their options or exploring whether to sell a house in Fort Lauderdale, understanding local pricing trends is essential. This article provides an up-to-date snapshot of home values across key neighborhoods as of February 2025, highlighting median listing prices, sold prices, and market insights to help buyers, sellers, and investors make informed decisions in a dynamic landscape.

Fort Lauderdale Neighborhood Home Value Snapshot

Fort Lauderdale’s neighborhoods reflect a wide range of housing markets, influenced by factors such as waterfront proximity, local amenities, and overall desirability. Below is an in-depth look at home values in several key neighborhoods, highlighting recent data and trends.

Victoria Park

Victoria Park, a highly sought-after area, recorded a median listing home price of $1.2 million in February 2025, with a median sold price of $900,000. Recent sales include high-value properties exceeding $2 million, underscoring the neighborhood’s premium status. However, the median home value dipped slightly to $811,316, reflecting a subtle shift that may indicate changing buyer sentiment or localized economic factors.

Galt Mile

In Galt Mile, the median listing home price was $549,000, while the median sold price was $425,000. Sales ranged from the low $200,000s to over $1 million, showcasing a diverse mix of housing options, particularly condominiums. The median home value fell by 4.5% year-over-year to $526,806, suggesting buyers may find negotiating opportunities in this market segment.

Coral Ridge

Coral Ridge, known for its prestige, reported a median listing home price of $1.7 million and a median sold price of $1.5 million. Multi-million-dollar sales are common here, but the median listing price dropped by 5.4% year-over-year, possibly signaling a cooling luxury market or sellers adjusting expectations.

Downtown Fort Lauderdale

The urban core of Downtown Fort Lauderdale had a median listing home price of $849,500, with homes selling for a median of $685,000. Sales ranged from $400,000 to over $1.8 million, and the median sale price rose by 2.1% year-over-year, indicating growing demand for urban living despite broader market conditions.

Imperial Point

Imperial Point presented a median listing home price of $309,000, but a surprisingly higher median sold price of $600,000. Sales varied widely from $100,000 to over $1.5 million, with a significant 27.3% year-over-year drop in listing prices, suggesting a shifting market composition that warrants further investigation.

Lauderdale Beach

Lauderdale Beach, a coastal gem, had a median listing home price of $658,000 and a median sold price of $567,500. While some waterfront homes sold for multi-million-dollar figures, the median listing price decreased by 3.1% year-over-year, reflecting a slight adjustment in this coastal market.

Lauderdale Manors

Lauderdale Manors offered a more affordable option with a median listing home price of $430,000 and a median sold price of $385,500. Sales typically ranged from $300,000 to $500,000, with a 5.1% year-over-year decline in listing prices, making it an attractive area for budget-conscious buyers.

Comparative Analysis of Neighborhood Home Values

The table below summarizes key metrics for Fort Lauderdale neighborhoods in February 2025:

Overall Fort Lauderdale Market Conditions

In early 2025, Fort Lauderdale’s housing market leaned toward a buyer’s market, with more homes available than active buyers, exerting downward pressure on prices. Properties spent an average of 76 to 96 days on the market, with Downtown Fort Lauderdale averaging 140 days. The city-wide sale-to-list price ratio was around 95%, indicating homes typically sold for 5% below asking price. Despite this, the median sale price rose to $600,000-$640,000, up 8% year-over-year, suggesting that while overall sales volume decreased, sold homes in desirable areas fetched higher prices.

Conclusion

Fort Lauderdale’s real estate market is highly varied, with neighborhoods like Victoria Park and Coral Ridge commanding premium prices, while areas like Sunrise Intracoastal and Harbordale offer affordability. A buyer’s market provides negotiating leverage, particularly in neighborhoods with significant price declines, such as Harbour Isles and Tarpon River. For sellers, competitive pricing based on recent sales and neighborhood trends is key. Future research into local economic shifts, new developments, and school quality could further illuminate these trends, offering deeper insights into Fort Lauderdale’s evolving housing landscape.