One of the most common questions I hear from Davie homeowners is whether their home's value has kept pace with the market. It is a fair question. Davie has experienced remarkable home value appreciation over the past five to ten years, and understanding the trends can help homeowners make smarter decisions about selling, refinancing, or holding their property. Here is what the data shows for Davie's real estate market in 2026.
Davie Home Values: Current Picture
As of mid-2026, the typical home value in Davie, Florida stands at approximately $510,000 to $540,000, depending on the neighborhood, property type, and lot size. The median sale price sits at roughly $520,000, and the average price per square foot has climbed to about $328, reflecting a 6.1% year-over-year increase in price per square foot.
Market activity remains strong, with homes going under contract in an average of 12 days. This pace signals a market that still favors sellers, particularly for well-priced, well-presented homes in desirable neighborhoods. However, the market is not uniform. Entry-level homes under $500,000 and luxury properties over $1.5 million are seeing the most activity, while the middle segment between $700,000 and $1 million has seen a relative slowdown in transaction volume.
Long-Term Appreciation Trends
To understand where Davie home values are today, it helps to look at the longer trajectory. Over the past five years, Davie home values have appreciated at an average annual rate of approximately 9.9%, according to NeighborhoodScout data spanning 2020 to 2025. This appreciation rate significantly outpaces the national average over the same period.
Over a ten-year horizon, the numbers are even more striking. BestPlaces.net reports that Davie homes appreciated approximately 174% over the last ten years, reflecting a market that has consistently grown in value. In broader context, the MIAMI Association of Realtors reported that Broward County single-family home prices rose 118.3% from January 2016 to January 2026 (from $284,000 to $620,000), and Davie has tracked closely with this countywide trend.
What Drove Davie's Appreciation?
Several factors have contributed to Davie's strong home value appreciation over the past decade:
Limited New Development
Unlike some Broward County communities with extensive new construction, Davie has limited undeveloped land. The town's zoning protects its equestrian and agricultural character, which means supply is naturally constrained. When supply is limited and demand remains strong, prices appreciate. This fundamental dynamic has been a major driver of Davie's long-term value growth.
Desirability of Larger Lots
As South Florida becomes more densely developed, homes with acreage and privacy become increasingly scarce and desirable. Davie's larger lots, particularly in western neighborhoods, command premium pricing and have seen some of the strongest appreciation rates in the area.
Location and Connectivity
Davie's location provides access to I-595, I-75, and the Florida Turnpike, making it a practical choice for commuters working in Fort Lauderdale, Miami, and West Palm Beach. The town's proximity to Fort Lauderdale-Hollywood International Airport and Port Everglades adds to its appeal for professionals and frequent travelers.
School Quality and Family Appeal
Strong schools consistently drive demand in family-friendly markets. Davie's access to top-rated public and private schools has kept buyer interest high among families, who tend to stay longer in their homes and invest more in property maintenance and improvements. This stability supports steady appreciation.
Where Davie Home Values Stand in 2026
The market in 2026 has cooled from the peak pandemic-era surge, but it remains healthy. Year-over-year price changes are currently ranging from approximately +2% to +4%, depending on the data source and segment. This represents a normalization, not a decline. After the hyper-acceleration of 2021 to 2023, a return to steady, sustainable appreciation is a healthy sign for long-term homeowners.
Price per square foot continues to climb, which is a positive indicator for homeowners. Even if the pace of appreciation has moderated, the underlying value of Davie real estate continues to increase. The market is not in a downturn; it is recalibrating to a more normal pace after an extraordinary run.
Neighborhood-Level Variation
Home values in Davie vary significantly by neighborhood. Here is a general sense of the range:
- Pine Island Ridge: Higher-end gated community with values typically from $600,000 to $1,200,000. Consistent appreciation driven by golf course access, amenities, and security.
- Western Davie acreage properties: $550,000 to $2,000,000+. Lot size is the primary value driver. Homes on an acre or more have seen the strongest appreciation over the past five years.
- Standard suburban neighborhoods: $400,000 to $600,000. These homes represent the bulk of Davie's housing stock and offer solid, steady appreciation tied to school quality and location.
- Condos and townhomes: $160,000 to $350,000. More affordable entry points with appreciation that is more modest but still positive over the long term.
Should You Sell Your Davie Home Now?
With homes still going under contract quickly and values well above where they were five years ago, many Davie homeowners are asking whether now is the right time to sell. The answer depends on your personal situation. If you are moving out of state, downsizing, or need to access your equity, the current market offers strong conditions for sellers. If you are planning to stay in Davie for five years or more, holding your property is still a strong strategy given the long-term appreciation trajectory.
What I tell every homeowner is this: do not let market timing drive your decision. Let your life situation drive it. The best time to sell is when selling aligns with your goals. I help homeowners in Davie run the numbers, understand their equity position, and make a decision that serves them, not the market.
Want to Know What Your Davie Home Is Worth?
Michael Peron offers a no-pressure, no-obligation home value analysis for Davie homeowners. With 24 years of local market knowledge and AI-powered market insights, he can help you understand exactly where your home stands in today's market.
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