The national median listing price on homes has increased by nearly 40% since 2019.
The median home price in Lauderdale Lakes is $149,000, which is significantly lower than the national median listing price of $442,500. This makes Lauderdale Lakes an attractive option for those looking for more affordable housing options, particularly for downsizing without breaking the bank.
The regions in the United States with the highest concentration of affordable homes under $200,000 are primarily located in the South and the upper-Midwest. Notably, two suburbs of Fort Lauderdale, Florida, Lauderdale Lakes and Lauderhill, have the highest concentration of affordable homes for sale, with 85% and the second largest concentration, respectively1. Detroit, Michigan, and Cleveland, Ohio, also have a significant number of affordable listings. In Lauderdale Lakes, the median home price is $149,000, much lower than the national median listing price of $442,500.