Broward County Real Estate Market Update — July 2026
Single-family homes in Broward are holding strong with a median of $630,000 — up 3.2% year over year. Inventory is down 22.2%, sitting at just 4.5 months of supply. The 30-year fixed rate is 6.55%. Here is what all of it means if you are thinking of selling or buying right now.
Broward County's housing market continues to demonstrate remarkable resilience mid-way through 2026. Despite macroeconomic headwinds and stubborn interest rates, demand for single-family homes remains robust, driven by persistent demographic shifts and low inventory levels.
Key Market Indicators:
- 1.Median Sales Price: The median sales price for single-family homes in Broward County reached $630,000 in July 2026, marking a healthy 3.2% increase compared to July 2025.
- 2.Inventory Constraints: Total active listings have contracted by 22.2% year-over-year. Currently, our market sits at just 4.5 months of supply, which continues to favor sellers.
- 3.Interest Rates: The average 30-year fixed rate has stabilized around 6.55%. While higher than the lows of the previous decade, buyers have largely adjusted to this new normal.
What This Means for Sellers:
If you are considering selling, the low inventory environment remains your biggest asset. Homes priced correctly and presented well are continuing to attract serious buyers within the first two weeks of listing. Multiple offers are still common in highly sought-after neighborhoods like rock creek and silver lakes.
What This Means for Buyers:
For buyers, preparation is everything. With less inventory to choose from, you must be ready to act when the right property hits the market. Having a solid pre-approval letter and working with an agent who understands local market dynamics will give you a significant competitive advantage.