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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −1.6% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −4.2% YoY, is the number to watch.
The median listing price is down 1.6% YoY while the median home got down 3.5% bigger, so value per square foot is down 1.8%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $1.17M purchase rents for $2,250/mo: 0.19% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent).
Sales here take about 46 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 33305 itself, not its parent county.
Renters hold 32.8% of this ZIP's 7,115 occupied households, on a median household income of $92K.
| Measure | ZIP 33305 | Broward County | Difference |
|---|---|---|---|
| Median Household Income | $92K | $78K | +$15K |
| Below Poverty Level | 7.7% | 12.2% | -4.5% |
| Median Age | 51.50 | 41.30 | +10.20 |
| Total Population | 13,243 | 1,977,129 | -- |
| Avg Household Size | 1.83 | 2.60 | -0.77 |
| Owner-Occupied | 67.2% | 63.6% | +3.6% |
| Worked From Home | 27.1% | 14.7% | +12.4% |
| Mean Commute | 25.00 | 29.10 | -4.10 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.6% to 1,977,129: residents under 18 are up 0.9% and those 65 and over are up 3.4%.
County median household income is $78K, 12.2% of residents are below the poverty level, 14.7% work from home.