33309
Fort Lauderdale, Florida
Fort Lauderdale 33309 needs watching.
The 33309 ZIP code in Fort Lauderdale, Florida has a median sale price of $375K, down -0.4% year-over-year. Homes spend an average of 112 days on market, with 10% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33309.
The Fort Lauderdale 33309 market shows near-flat price performance with the median sale price at $375,000, down just 0.4% year-over-year. Properties are averaging 112 days on market, indicating a deceleration from the rapid turnover rates seen in previous years. Only 10% of homes are selling above list price, a clear signal that buyer urgency has dissipated and sellers hold limited pricing power in current negotiations.
This environment favors patient buyers with financing already secured who can capitalize on the 112-day average DOM to negotiate below ask. The 10% above-list rate means 90% of transactions close at or below listing price, creating room for offer strategies that were impossible during tighter inventory periods. Sellers with equity built pre-2022 can still exit profitably, but those who purchased within the last 18 months face compressed margins given the negative 0.4% annual movement.
The PropIQ score of 51 sits in cautionary territory, suggesting neither strong appreciation nor significant decline ahead. This neutral-to-weak signal indicates the market is searching for a floor after post-pandemic corrections. Key metrics to monitor include whether days on market extend beyond 120 and if the percentage selling above list drops below 8%, both of which would confirm further softening and potentially wider price concessions through 2026.
What is the median home price in 33309 Fort Lauderdale?
The median sale price in 33309 is $375K, down -0.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Fort Lauderdale 33309?
Homes in 33309 Fort Lauderdale spend an average of 112 days on market before going under contract.
Is Fort Lauderdale 33309 a good place to invest in real estate?
Folio's PropIQ™ score for 33309 is 51/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 33309?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 51 = Caution in 33309 Fort Lauderdale, Florida.