33316
Fort Lauderdale, Florida
Fort Lauderdale 33316 needs watching.
The 33316 ZIP code in Fort Lauderdale, Florida has a median sale price of $883K, down -0.6% year-over-year. Homes spend an average of 129 days on market, with 8% 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 33316.
# Fort Lauderdale 33316 Market Report
The Fort Lauderdale 33316 market shows deceleration with median sale prices at $882,500, down 0.6% year-over-year as of February 2026. Homes are averaging 129 days on market, significantly above the typical 60-90 day range seen in balanced conditions. Only 8% of properties are commanding above-list prices, indicating minimal bidding competition and reduced seller pricing power in this coastal submarket.
These conditions favor patient buyers with negotiating leverage, particularly those willing to submit below-ask offers given the extended 129-day marketing period. The single-digit above-list percentage creates opportunities for purchasers to secure concessions on price, closing costs, or inspection items. Sellers face headwinds and should avoid this window unless pricing strategy incorporates the current 0.6% depreciation trend and prepares for longer holding periods before closing.
The PropIQ score of 51 signals caution, reflecting equilibrium between deteriorating and stable indicators without clear directional momentum. Monitoring absorption rates and whether days-on-market extends beyond 130 will indicate if softening accelerates into buyer-dominant territory. The marginal price decline combined with elevated inventory time suggests neither crash conditions nor recovery, requiring quarterly data reassessment before tactical positioning changes.
What is the median home price in 33316 Fort Lauderdale?
The median sale price in 33316 is $883K, down -0.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Fort Lauderdale 33316?
Homes in 33316 Fort Lauderdale spend an average of 129 days on market before going under contract.
Is Fort Lauderdale 33316 a good place to invest in real estate?
Folio's PropIQ™ score for 33316 is 51/100 — a Caution signal. 8% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 33316?
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 33316 Fort Lauderdale, Florida.