Davie Housing Update: Prices Ease, Pipeline Grows
Davie, FL – March 10, 2026 – Home prices cooled early this year as new apartments advance and town housing funds target affordability.
Home prices in Davie are showing signs of cooling to start 2026, while several multifamily projects continue moving through the pipeline.
Top takeaways
- Median sale price was about $433K in January 2026, down year over year.
- Average rent sits around $2,355 as of late January.
- A 383-unit apartment community is targeting a 2027 completion.
- Town housing funds remain available for income-qualified households.
Market snapshot
According to Redfin, the median home sale price in January 2026 was roughly $433,000, a notable decline compared with the same month last year. Zillow data shows average rents around $2,355 at the end of January, reflecting continued demand in the rental segment.
While resale pricing has softened, inventory across South Florida remains active, giving buyers more negotiating room than in early 2024 and 2025. Sellers are adjusting expectations as mortgage rates and insurance costs continue to shape affordability.
Development and housing programs
The Parks at Davie project, a planned 383-unit apartment community near Davie Road and Southwest 37th Street, is moving toward a projected 2027 completion. Plans include a mix of one- to three-bedroom units, ground-floor retail space and a portion of workforce-designated apartments.
Separately, the Town has announced more than $1.5 million combined in State Housing Initiatives Partnership and Community Development Block Grant funding for the 2025-2026 program year to assist eligible households with housing-related needs.
Why it matters
For buyers, softer sale prices may create opportunities this spring. For renters, new supply in the pipeline could help moderate rent growth longer term. Homeowners considering improvements before listing may want to consult local pros such as a home inspector, roofer, or HVAC contractor to stay competitive.
Are you seeing more price reductions or stronger buyer traffic in your neighborhood?
Sources
https://www.redfin.com/city/4292/FL/Davie/housing-market
https://www.zillow.com/home-values/826889/everglades-davie-fl/
https://floridayimby.com/2025/03/parks-at-davie-planned-for-2027-completion-at-northwest-corner-of-davie-road-and-southwest-37th-street-davie-fl.html
https://www.davie-fl.gov/996/Public-Notices