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Market Snapshot

Median listing price
$667K

The median listing price in Hallandale Beach, FL ZIP 33009 is $667,000 as of June 2026.

Median rent
$2,500/mo

The median market rent in Hallandale Beach, FL ZIP 33009 is $2,500/month as of June 2026.

Days on market
400 days

The median days on market in Hallandale Beach, FL ZIP 33009 is 400 days as of June 2026. The market is currently cold.

Gross rental yield
4.50%

At a median list price of $667,000 and a median rent of $2,500/month, the gross rental yield in Hallandale Beach, FL ZIP 33009 is 4.50% as of June 2026.

STR vs LTR
$3,690/mo STR · $2,500/mo LTR

In Hallandale Beach, FL ZIP 33009, median Airbnb revenue is $3,690/month compared to median long-term rent of $2,500/month as of June 2026.

Hallandale Beach, FL 33009 Real Estate Market Report

ZIP Code: 33009

Report Date: June 2026

Market Temperature:
COLD

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
203
Active Listings
170
Sold Properties
33

Market Metrics

Median Listing Price
$667,000
Median Sold Price
$481,000
Median Price per Sqft
$386/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,500

Property Taxes

Property Tax Rate
1.37%

Liquidity & Velocity

Median Days on Market
400
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Price YoY Trend
down
Market Temperature
cold
Rent YoY Trend
down
Interest Rate Pressure
elevated

Key Findings

  1. The primary indicator of recent transactions is the median sold price 481,000; this level, materially below the median listing price 667,000, suggests persistent pricing friction where seller expectations may be above recent transaction levels — downward pressure on realized prices.
  2. Liquidity appears slow: the median sold price 481,000 is coupled with a median days on market 400, which suggests slower sales velocity and extended time to convert listings into closes at current price levels.
  3. Market context shows a softer backdrop: the price year-over-year trend is down and the market temperature is cold, reinforcing that the median sold price 481,000 represents transaction outcomes in a cooling market environment.
  4. Affordability and rental signals are mixed for investors and occupiers: the median market rent 2,500 is reported while rent year-over-year trend is down, and interest rate pressure is elevated, which together may constrain buyer purchasing power even as rental demand remains noted in broader context.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

478 Tamarind Dr, Hallandale Beach, FL 33009
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

6 beds7 baths6,021 sqft
$8,250,000
Apr 1, 2026
$1,370/sqft/sqft
2210 days on market
607 Palm Dr, Hallandale Beach, FL 33009
Premium

Sold above market average

5 beds6.5 baths6,631 sqft
$7,000,000
Mar 1, 2026
$1,056/sqft/sqft
2292 days on market
449 Holiday Dr, Hallandale Beach, FL 33009
Premium

Sold above market average

5 beds5 baths4,126 sqft
$3,000,000
Apr 1, 2026
$727/sqft/sqft
619 days on market
1012 Ne 8th St, Hallandale Beach, FL 33009
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,759 sqft
$501,000
Mar 1, 2026
$285/sqft/sqft
385 days on market
812 Ne 3rd St, Hallandale Beach, FL 33009
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths900 sqft
$500,000
Mar 1, 2026
$556/sqft/sqft
541 days on market
421 Sw 11th Ave, Hallandale Beach, FL 33009
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths1,162 sqft
$489,000
Mar 1, 2026
$421/sqft/sqft
778 days on market
601 Nw 10th St, Hallandale Beach, FL 33009
Value

Sold below market average

3 beds2 baths1,402 sqft
$290,000
Mar 1, 2026
$207/sqft/sqft
280 days on market
131 Sw 7th Ter, Hallandale Beach, FL 33009
Value

Sold below market average

2 beds1 baths889 sqft
$255,000
May 1, 2026
$287/sqft/sqft
109 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$620/mo
33009 Avg Rent
33009 Cost to Own
Rent$2,500
Own$3,120

20% down, 6.50% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33009 Avg nightly rate
33009 Avg occupancy (days/year)
Nightly rate$273/night
Occupancy141 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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