Sunrise, FL
⚖️ Balanced Market📊 Fundamental Scores
🎯 The Bottom Line
Sunrise FL shows balanced market with neutral verdict; price-to-rent 16.4x and YoY -5.7% suggest cautious hold for investors.
📈 Price History
📊 Market Activity
📈 Market Analysis
Market Cycle
Sunrise is in a late-cycle correction with YoY -5.7% price movement and 69 DOM indicating slower absorption. The neutral verdict reflects a market transitioning from seller dominance to equilibrium, with 21.5% of listings seeing price drops as sellers adjust to softer demand.
Supply & Demand
Inventory stands at 710 homes with 10.8 months of supply, signaling a buyer's market. New listings (148) outpace closed sales (66), creating a 2.2:1 listing-to-sale ratio that pressures prices. Off-market activity at 11.1% within two weeks shows limited urgency among buyers.
Pricing Power
Sale-to-list ratio of 96.3% demonstrates moderate negotiating power for buyers. With a price-to-rent ratio of 16.4x, Sunrise sits at the threshold where renting becomes competitive versus buying. The 10.8 months of supply and 21.5% price drop rate indicate sellers must price aggressively to attract offers.
Sunrise, FL Housing Market Forecast 2026–2028
🔮 Sunrise Price Forecast 2026–2028
Sunrise, FL Housing Market Forecast 2026–2028
For anyone mapping out the Sunrise housing market forecast through 2028, the data suggests a period of stabilization rather than dramatic swings. The recent -5.7% annual price shift indicates a necessary cooling following a robust 5-year price change of 39.0%. With a Price-to-Rent Ratio at 16.4x—below the national average—Sunrise remains relatively accessible compared to other South Florida locales, likely preventing a steep crash. However, the Days on Market stretching to 69 signals that sellers must now price competitively. The local economy, anchored by the massive Sawgrass Mills retail complex and proximity to major employment hubs in Fort Lauderdale, provides a steady income floor, but affordability concerns are real as insurance and HOA costs continue to climb across Broward County.
Addressing the question of will Sunrise home prices drop further, the outlook leans toward a modest correction followed by flat growth, rather than a collapse. The Market Temperature of 54/100 and a Risk Grade of B+ suggest a balanced environment where cash flow is possible but appreciation will be muted compared to the previous boom. For investors and residents eyeing Sunrise real estate Sunrise 2027, the neutral verdict implies that patience is key; rushing in could mean overpaying if the current downward momentum persists. New developments near the downtown corridor and continued demand for rental properties—supported by a median rent of $1,621/mo—will likely keep the market from freefalling. Expect a gradual bottoming out by late 2026, followed by slow, sustainable gains as inventory stabilizes and buyer confidence returns.
Disclaimer: This forecast is a statistical projection based on historical price trends and should not be considered financial advice. Actual market outcomes may vary due to economic conditions, interest rates, local regulations, and other factors.
🏠 Rent vs Buy Analysis
Monthly Costs
At $358,850 purchase price with $1,621 monthly rent, the price-to-rent ratio of 16.4x favors renting when considering total ownership costs. Assuming 20% down, 7% mortgage, taxes, insurance, and maintenance, monthly ownership costs likely exceed $2,400 versus $1,621 rent—a $800+ monthly premium for buying.
5-Year View
With YoY -5.7% appreciation, a $358,850 home could decline to ~$325,000 in five years without market recovery. Combined with transaction costs and carrying expenses, buying may underperform renting unless appreciation rebounds. Rent inflation of 3-4% annually would increase rent to ~$1,900 by year five.
When to Rent
- Short-term horizon under 5 years
- Seeking flexibility in job market
- Waiting for price stabilization
- Capital preservation priority
When to Buy
- Long-term hold 7+ years
- Expecting market recovery
- Need tax benefits
- Planning major renovations
🧮 Can You Afford Sunrise? Interactive Calculator
Income Reality Check
Can you actually afford Sunrise?
Great! At 32.9%, this mortgage falls within healthy financial limits. You have strong purchasing power in Sunrise.
💰 Investment Thesis
Cash Flow
Monthly rent of $1,621 against a $358,850 purchase price yields a 5.4% gross rental yield. After accounting for taxes, insurance, maintenance, and vacancy (25-30% expense ratio), net operating income drops to approximately $1,000-1,100 monthly. With 20% down financing, cash flow turns negative when including mortgage payments, making this a appreciation-dependent play rather than cash flow strategy.
House Hacking
Multi-family or duplex options in Sunrise could improve economics significantly. A $450,000 duplex renting one side for $1,200 while living in the other reduces net housing cost to ~$400-500 monthly. This strategy leverages the neutral market conditions to build equity while minimizing living expenses.
Target Investor
The ideal investor is a long-term holder with 7+ year horizon who can weather the current correction. Risk tolerance should be moderate given the B+ risk grade. Investors should have 25-30% down payment to achieve positive leverage and sufficient reserves for the 10.8-month supply environment. This suits buy-and-hold investors seeking South Florida exposure without premium pricing.
🏘️ House Hacking Calculator Interactive Calculator
House Hacking CalculatorOwner-Occupied Multi-Fam
🗺️ Neighborhood Breakdown
Entry-Level
Entry-level properties in Sunrise typically range from $280,000-$320,000, attracting first-time buyers and investors. These homes see higher competition with sale-to-list ratios near 97-98% due to affordability constraints. Inventory moves faster at 45-60 DOM, but price drops are common (25%+). Rental demand remains strong from young professionals and families seeking value in Broward County.
Mid-Range
The $350,000-$400,000 segment represents Sunrise's core market with the highest inventory levels. Current conditions favor buyers with 96.3% sale-to-list ratio and 69-day average DOM. This bracket experiences the most price adjustments (21.5% drops) as sellers compete for limited qualified buyers. Investment properties here balance rental demand and appreciation potential.
Premium
Premium properties above $450,000 face the toughest conditions with extended DOM (90+ days) and significant price negotiations. These homes see sale-to-list ratios drop to 93-95% as luxury buyers have more alternatives. Inventory sits longer due to limited buyer pool in this segment, creating opportunities for cash buyers to negotiate aggressively.