33316 — Broward County, Florida Market Snapshot
Housing market data for zip code 33316 in Broward County, Florida. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$782,500
Days to Sell
116
Homes Sold
34
Inventory
193
Sale-to-List
91.5%
New Listings
85
Price/SqFt
$522
Pending Sales
46
Conforming Loan Available
The median home in 33316 at $782,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
With homes sitting for 116 days on average, 33316 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 33316 sells for 8.5% below asking price (91.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 33316 at $782,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 33316 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 33316
To purchase the median home at $782,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,145.
Monthly Payment
$6,145
Income Required
$263,369
Principal & Interest
$4,822/mo
Down Payment (5%)
$39,125
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 33316.
Estimated Monthly Payment
$4,993
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