Real Estate Market Update for Margate, FL
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 21% from one year earlier, and down 5% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 6%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold decreased 32% year-over-year, and decreased 25% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Margate, FL

Area Information for Margate, FL
  • Population: 61,503
  • Median Age: 43.77 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 6,951/sq mi
  • Population Change Since 2000: 15.42%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: Broward Community College-north Campus
  • Closest Jr. College: Ati Career Training Center
  • Median Household Income: $49,298
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $220,000
  • Closest Major Sports Team: Inter Miami Cf
  • Change Avg. Household Income Since 2000: 38.03%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Margate, FL
Median Age: 43.77 Married: 35% Number of Households: 24,546 Households with Children: 4,839
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Margate, FL

      School Name Distance Type Grades School Rating
      Faith Baptist Academy 0.6 mi Private PRESCHOOL-12 0
      Phyl's Academy Preparatory School 0.7 mi Private PRESCHOOL-12 0
      Margate Elementary School 0.8 mi Public PRESCHOOL-5 1
      Vision Academy 0.8 mi Private K-12 0
      Broward Math And Science School 0.8 mi Public K-8 2
      Rise Academy School Of Science And Technology 0.8 mi Public K-8 4
      Michelle's International Learning House 0.8 mi Private - 0
      Alphabet Land-margate 0.9 mi Public PRESCHOOL-PRESCHOOL 0
      Coral Springs High School 0.9 mi Public 9-12 1
      Hebrew Academy Community School 1.2 mi Private PRESCHOOL-8 0
      Liberty Elementary School 1.3 mi Public PRESCHOOL-5 1
      Somerset Academy Riverside 1.3 mi Public K-5 2
      James S. Hunt Elementary School 1.3 mi Public PRESCHOOL-5 2
      Kind Academy 1.4 mi Private - 0
      Paideia Classical Academy Inc. 1.5 mi Private PRESCHOOL-12 0
      Abundant Life Christian Academy 1.5 mi Private K-12 0
      West Broward Academy At Excelsior 1.6 mi Public K-8 1
      Ascend Career Academy 1.6 mi Public 9-12 0
      Forest Hills Elementary School 1.7 mi Public PRESCHOOL-5 1
      Suned High School Of North Broward 1.7 mi Public 9-12 1
      Margate Middle School 1.7 mi Public 6-8 1
      Creative Kids Learning Academy 1.8 mi Private - 0
      Fantasy Station Academy 1.8 mi Private PRESCHOOL-K 0
      Time To Care Academy 1.8 mi Private - 0
      Atlantic West Elementary School 1.9 mi Public PRESCHOOL-5 1
      Building Blocks Learning Center - Hillsboro And Lyons 2.0 mi Private - 0
      Atlantic Technical College 2.0 mi Public 9-12 5
      Dave Thomas Education Center 2.0 mi Public 7-12 0
      Monarch High School 2.2 mi Public 9-12 2
      City Of Coral Springs Charter School 2.3 mi Public 6-12 4
      Xceed Preparatory Academy - Coral Springs 2.3 mi Private 6-12 0
      Grace Christian Preschool 2.3 mi Private - 0
      Margate Christian Head Start 2.3 mi Private PRESCHOOL-4 0
      Broward Virtual Instruction Program 2.3 mi Public K-12 5
      Coconut Creek High School 2.3 mi Public 9-12 1
      Coconut Creek Elementary School 2.5 mi Public K-5 1
      Randazzo School 2.5 mi Private PRESCHOOL-12 0
      Morrow Elementary School 2.6 mi Public PRESCHOOL-5 1
      Premier Academy School 2.7 mi Private K-8 0
      South Florida Jewish Academy 2.8 mi Private K-12 0
      Saint Andrew Catholic School 2.8 mi Catholic K-8 0
      Somerset Preparatory Academy Charter School At North Lauderdale 2.9 mi Public K-8 1
      Somerset Preparatory Academy Charter High At North Lauderdale 2.9 mi Public 9-12 1
      Excelsior Artz Preparatory School 3.0 mi Private PRESCHOOL-8 0
      Coconut Creek Preschool 3.0 mi Private PRESCHOOL-PRESCHOOL 0
      North Lauderdale Elementary School 3.1 mi Public PRESCHOOL-8 1
      North Lauderdale Elementary Head Start 3.1 mi Private - 0
      Parkside Elementary School 3.1 mi Public K-5 2
      Ecokids Bilingual Preschool 3.1 mi Private PRESCHOOL-1 0
      Abc's Of Learning And Growing, Inc. 3.2 mi Private PRESCHOOL-K 0
      Headstart Preschool 1 3.2 mi Private PRESCHOOL-PRESCHOOL 0
      Silver Lakes Middle School 3.3 mi Public 6-8 0
      Kla School Of Coconut Creek 3.3 mi Private PRESCHOOL-1 0
      Winston Park Elementary School 3.3 mi Public PRESCHOOL-5 3
      Bright Horizons At Coconut Creek 3.4 mi Private PRESCHOOL-PRESCHOOL 0
      Imagine Charter/n Lauderdale 3.6 mi Public K-5 0
      Coral Springs Preschool 3.6 mi Private PRESCHOOL-PRESCHOOL 0
      Head Start Preschool Iv 3.6 mi Private PRESCHOOL-2 0
      University Academy 3.6 mi Private PRESCHOOL-PRESCHOOL 0
      Tradewinds Elementary School 3.7 mi Public PRESCHOOL-5 3
      Coral Springs Elementary School 3.7 mi Public PRESCHOOL-8 1
      Head Start Learning Academy 3.9 mi Private K-1 0
      Broadview Elementary School 3.9 mi Public PRESCHOOL-5 1
      Lyons Creek Middle School 4.0 mi Public 6-8 3
      Pinewood Elementary School 4.0 mi Public PRESCHOOL-5 3
      North Broward Academy Of Excellence Elementary 4.1 mi Public K-5 2
      North Broward Academy Of Excellence Middle School 4.1 mi Public 6-8 3
      Sousa Tutor 4.1 mi Private K-12 0
      Parkland International Music And Arts School 4.3 mi Private - 0
      Westchester Elementary School 4.7 mi Public K-5 3
      North Broward Preparatory School 4.9 mi Private PRESCHOOL-12 0
      Coral Glades High School 4.9 mi Public 9-12 2
      Sawgrass Springs Middle School 5.0 mi Public 6-8 2
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Margate, FL
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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