Margate, FL housing market
The typical Margate home is worth about $322,000, down 2% in a year, 14% below the Florida typical home. Homes typically sell in 86 days, below asking.
Home values, sales, trends and how Margate compares with the towns next door — updated as new data is published.
Margate at a glance
A buyer's market
More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Margate | Florida |
|---|---|---|
| 2017 | $171,000 | $209,000 |
| 2018 | $196,000 | $226,000 |
| 2019 | $214,000 | $242,000 |
| 2020 | $223,000 | $253,000 |
| 2021 | $241,000 | $276,000 |
| 2022 | $282,000 | $340,000 |
| 2023 | $327,000 | $392,000 |
| 2024 | $349,000 | $402,000 |
| 2025 | $344,000 | $397,000 |
| 2026 | $323,000 | $377,000 |
| August 2026 | $322,000 | $376,000 |
233 new homes permitted in 2025
Builders were permitted 233 new homes in Margate in 2025: 13 single-family houses and 220 in buildings with two or more homes, worth about $34 million to build. That's 3.9 per 1,000 residents, slower than across Florida (8.3). Over the past 10 years, Margate has permitted 664 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Margate gained 5,428 residents while 841 new homes were permitted: about 6.5 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Florida: 2.8 new residents per new home.
How Margate ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 397 | 59 | 338 | $37.9 million |
| 2025 | 233 | 13 | 220 | $34 million |
| 2024 | 20 | 20 | 0 | $4.6 million |
| 2023 | 23 | 23 | 0 | $5 million |
| 2022 | 35 | 35 | 0 | $6.9 million |
| 2021 | 12 | 12 | 0 | $1.7 million |
| 2020 | 28 | 28 | 0 | $4.1 million |
| 2019 | 47 | 25 | 22 | $6.1 million |
| 2018 | 145 | 89 | 56 | $15.8 million |
| 2017 | 121 | 21 | 100 | $16.8 million |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 285 | 3 | 282 | $12.6 million |
| 2014 | 240 | 0 | 240 | $6.6 million |
| 2013 | 3 | 3 | 0 | $429,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 4 | 4 | 0 | $341,000 |
| 2006 | 10 | 10 | 0 | $853,000 |
| 2005 | 65 | 65 | 0 | $5.5 million |
| 2004 | 350 | 339 | 11 | $29.4 million |
| 2003 | 23 | 1 | 22 | $1.1 million |
| 2002 | 154 | 0 | 154 | $5.3 million |
| 2001 | 22 | 6 | 16 | $1.7 million |
| 2000 | 22 | 22 | 0 | $2.5 million |
How Margate ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Margate and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Margate | $322K | −2% | $2,380 | 233 | $62,450 |
| North Lauderdale | $352K | −2.3% | $2,480 | 8 | $63,326 |
| Coconut Creek | $279K | −6.4% | $2,630 | 2 | $75,014 |
| Coral Springs | $523K | −1.9% | $2,720 | 2 | $93,602 |
5.2 years of income
The typical Margate home costs about 5.2 years of the town's median household income, about the same as across Florida (5).
How Margate ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,380
HUD's Fair Market Rent for a two-bedroom in Margate is $2,380 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Margate pay a median of $1,750, so moving in tends to cost more than staying put. A two-bedroom takes about 46% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,770 · 4 bedrooms $3,890
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33063, 33068; Fort Lauderdale, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Margate
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.