Property prices in Davie, FL

If you plan to buy or rent in Davie, you’re entering a cooling yet steady market. Home prices dipped slightly from last year, while listings stayed active longer. That shift gives buyers room to negotiate and compare before making offers. Still, desirable homes sell fast when priced right. According to Redfin, Zillow, and Realtor.com, the numbers show a clear trend toward balance after several years of high demand. Understanding this is essential, and Pro Movers Miami, one of the best moving companies in Florida, will help you analyze the local real estate market. Here’s what you should know about property prices in Davie FL, before making a move.

Median home prices show a modest decline

Redfin data from September 2025 places Davie’s median sale price at around $535,000, marking a 5% drop compared to last year. Homes stayed on the market for an average of 78 days, about three weeks longer than in 2024. That signals a calmer pace but not a stalled market.

About 96 homes sold in September, which shows buyers remain active, especially for properties near top-rated schools and major highways. Zillow’s home value index supports this trend. The platform lists an average home value near $518,140, reflecting a 3.5% year-over-year decrease.

Properties now go pending in roughly 61 days, giving buyers time for inspections and negotiations. Realtor.com lists the median asking price at $525,000 with homes selling at 95.8% of list price—a practical reminder that negotiation margins have widened slightly.

Neighborhood price differences remain significant

Housing costs in Davie vary by zip code and type. In 33314, homes sell around $397,000, with longer listing times averaging about 103 days. In contrast, 33324 homes average $333,000, typically selling within 90 days.

Neighborhoods such as Forest Ridge still command higher prices. The median home value there sits near $719,000, according to Realtor.com, though it’s down from 2024’s peak. Condominiums in Pine Island Ridge average around $254,000, making them an accessible entry point for first-time buyers.

Meanwhile, larger properties in The Ranches area list near $899,000, attracting those seeking space and privacy. Ensure the chosen property matches your requirements before hiring moving companies in Davie FL. These differences show how lifestyle, location, and lot size still drive pricing more than overall market conditions.

More inventory means more flexibility for buyers

Across Broward County, including Davie, the number of active listings has increased. This shift benefits buyers who want to compare properties or make contingent offers. It also gives sellers realistic pressure to price correctly from the start.

Redfin data indicates that multiple offers have declined, but homes in excellent condition still receive quick attention. Therefore, preparation, strong financing, and finally, one of the most reliable moving companies in Broward County remain key advantages for buyers in this market.

Renters also feel the price adjustment

If you plan to rent before buying, recent figures provide clarity. According to Zumper, the median rent in Davie sits around $2,550. Apartments.com reports a slightly lower average of $2,060, with one-bedroom units at about $2,062 and two-bedrooms near $2,500. RentCafe’s October data shows average rents around $2,435, while units near Florida Atlantic University reach $2,880 on average.

These sources vary, but all confirm that property prices in Davie FL remain more affordable than nearby Fort Lauderdale. Renters looking for larger spaces or newer buildings should still expect to pay above $2,500 per month.

Understanding taxes and ownership costs

Florida’s Homestead Exemption continues to protect homeowners by reducing taxable value by up to $50,000. It also caps annual increases in assessed value, offering long-term savings. Broward County provides an online tax estimator that helps residents calculate expected taxes before purchasing.

However, insurance remains one of the largest variables. Local reports show that Broward County homeowners pay an average of more than $5,000 per year in premiums, depending on the home’s age, roof type, and wind protection. Some Citizens Insurance policyholders saw small decreases this year, but rates remain elevated across South Florida. When you compare homes, include insurance quotes in your calculations.

Condo buyers should also review homeowners’ association budgets. Monthly dues often include wind coverage or reserves, but they may rise as buildings meet new inspection and safety requirements.

Comparing Davie with nearby areas

Davie’s home values sit above Broward County’s overall median. The countywide median listing price hovers near $409,000, meaning Davie’s $525,000 median reflects its family-oriented communities and strong public schools. While other suburbs, like Plantation and Cooper City, attract similar buyers, Davie offers a balanced mix of suburban comfort and urban access via I-595 and University Drive. This combination continues to justify slightly higher price tags.

Construction trends and resale dynamics

Most available homes are resales rather than new builds. Yet, several west-side developments along Flamingo Road and near I-75 are adding new supply, primarily in the $700,000–$1 million range. Builders are responding to demand for larger floor plans and modern designs, though rising construction costs and slower sales have encouraged moderate pricing.

Resale homes remain attractive because many sit on larger lots or belong to well-established neighborhoods. Buyers seeking stability often favor these areas, especially when prices soften slightly compared to newer subdivisions.

When and how to act in this market

With average days on market rising, buyers now have breathing room. You can make contingent offers, schedule thorough inspections, or request seller credits for roof and window updates. However, competition persists for homes that check all boxes—good schools, new roofs, and updated interiors. Therefore, pre-approval and strong negotiation skills remain essential.

If you’re relocating, renting short-term, or using nearby Miami storage facilities during the overlap between homes can reduce stress. Flexibility helps you close on the right property instead of rushing into one due to timing.

Key takeaways on property prices in Davie FL for homebuyers and renters

If you’re planning to buy or rent in Davie, these quick insights can help you navigate the current market with confidence:

• Market balance: Prices dropped slightly, giving buyers leverage but keeping sellers engaged.
• Location matters: Prices vary widely between 33314, 33324, and premium neighborhoods like Forest Ridge.
• Insurance planning: Factor in $5,000 or more annually for coverage in Broward County.
• Renting first: Average rent ranges from $2,000–$2,800, depending on unit size and location.
• Negotiation power: Homes sell for about 95% of the list price, allowing room for offers.

Use these takeaways to fine-tune your timing, prepare financially, and approach your next move with realistic expectations. With patience and research, Davie can offer solid opportunities whether you’re buying your first home or securing a rental.

What this means for buyers and renters in Davie

The property market in Davie, FL, remains stable despite modest corrections. Home prices decreased slightly, inventory improved, and buyers gained flexibility for the first time in years. Sellers who price competitively still find serious offers, while renters enjoy broader choices before committing to ownership.

If you plan to move soon with local movers in Florida, study neighborhood data, confirm total monthly costs, and secure financing early. Staying informed helps you move confidently in a market that finally favors balance over bidding wars.

FAQs about property prices in Davie FL

If you’re planning to move, buy, or rent in Davie, these frequently asked questions summarize the most important points from recent housing data.

Q: Are home prices still falling in Davie?

A: Yes, but only slightly. Redfin reports about a 5% year-over-year decline as of September 2025.

Q: What’s the current average home value?

A: Zillow lists typical property prices in Davie FL near $518,000, showing a modest decrease from 2024 levels.

Q: How long do homes stay on the market?

A: Most listings remain active for two to three months before selling. That’s longer than last year, giving buyers more time to act.

Q: How much should I budget for insurance?

A: Broward County homeowners pay around $5,000 per year on average. Premiums vary by home age, roof type, and wind mitigation credits. Don’t forget the moving insurance either.

Q: What about property taxes in Davie?

A: Florida’s Homestead Exemption can reduce taxable value by up to $50,000. It also limits yearly increases in assessed value.

Q: Is renting still cheaper than buying?

A: Often yes, at least in the short term. Median rent is around $2,500, while ownership brings higher upfront and insurance costs.