The story of this market
The typical home in Sunrise, Florida sells for about $390,000, or $264 per square foot.
Prices are down 4.9% from a year ago, which gives buyers more room to negotiate. Homes take about 91 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,500 a month.
Monthly price momentum
Home values since 2015
+1%
FL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Sunrise, Florida
The Sunrise housing market is currently experiencing a cooling phase, with median sale prices declining by 4.9% year-over-year to $390,000. Market activity has slowed, evidenced by an increase in days on market to 91 days, suggesting a shift toward a more balanced or buyer-friendly environment. These trends are likely driven by broader regional economic adjustments and interest rate pressures affecting the South Florida real estate landscape.
No ARED county foreclosure postings attributed to Sunrise yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 5 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 5.3% year over year.
Homes spend a median of 71 days on market with 2.1 months of supply — a fast-moving market.
9% of listings have cut prices · homes sell at 48.74% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 10.7% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
One of the largest outlet and value retail shopping destinations in the United States, serving as a major economic anchor and regional attraction.
A prominent golf facility providing recreational space and contributing to the local lifestyle appeal for residents.
A key municipal facility offering various sports fields and recreational programming for the community.
Sunrise is well-suited for family buyers and commuters who value proximity to major retail hubs and highway access. The city's diverse housing stock and suburban amenities also attract long-term residents looking for a balance between urban convenience and residential stability.
Sunrise is highly accessible via major highway corridors, facilitating regional commutes throughout Broward County and the broader Miami-Fort Lauderdale area.
Sunrise offers a robust amenity base including the expansive Sawgrass Mills shopping destination, multiple municipal parks such as the Sunrise Athletic Complex, and access to golf facilities like the Bonaventure Golf Club.
The rental market in Sunrise is characterized by a median asking rent of $2,500 per month, reflecting steady demand in the Broward County suburban corridor. Vacancy pressure remains moderate as the city balances its residential appeal with its role as a regional employment and retail node.
The economy is anchored by large-scale retail and service sectors, with Sawgrass Mills serving as a primary driver of employment and tax revenue. The city benefits from its strategic location within the South Florida economic corridor.
Sunrise serves as a significant commercial hub in Broward County, anchored by the Sawgrass Mills retail complex and proximity to major highway corridors. Development momentum is focused on mixed-use revitalization and maintaining its status as a suburban employment center.
Development efforts are currently focused on the Sunrise City Center revitalization project, which seeks to modernize the city's infrastructure and expand its commercial footprint.
Parcels in Sunrise are subject to standard municipal and county-level special districts, including those for school funding and regional utility services.
Property insurance in the region is influenced by Florida's broader coastal hazard profile, with premiums reflecting regional wind and flood risk factors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Data retrieved from U.S. Census Bureau QuickFacts and Data USA.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.