33308 — Broward County, Florida Market Snapshot

Housing market data for zip code 33308 in Broward County, Florida. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

49 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$950,000

86.3% YoYClosed sales

Days to Sell

84

Median, listing to close

Homes Sold

49

Closed in 2026

Inventory

130

Sale-to-List

93.4%

New Listings

95

Price/SqFt

$529

Pending Sales

80

Jumbo Loan Likely Needed

The median home in 33308 at $950,000 exceeds the 2026 conforming loan limit of $832,750 by $117,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

With homes sitting for 84 days on average, 33308 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 33308 sells for 6.6% below asking price (93.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

The median home in 33308 at $950,000 exceeds the 2026 conforming loan limit of $832,750 by $117,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 33308 are set at the county level.

2026 Loan Limits — Broward County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$667,000
2 Units$1,066,250$853,900
3 Units$1,288,800$1,032,150
4 Units$1,601,750$1,282,700

Affordability Snapshot — Zip 33308

To purchase the median home at $950,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,429.

Monthly Payment

$7,429

Income Required

$318,369

Principal & Interest

$5,854/mo

Down Payment (5%)

$47,500

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 33308.

%
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Estimated Monthly Payment

$6,029

Principal & Interest$4,929
Property Tax$950
Insurance$150
Loan Amount$760,000
Total Interest$1,014,566
Income Required$258,401/yr

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