Market Overview
Home Prices in Greenacres, FL
The median home value in Greenacres, FL is $281,651 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.3% compared to a year ago and down 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenacres are priced31% below average. Greenacres is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, Greenacres home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Greenacres Home Price Trend
City Comparison
Greenacres vs. National Median
At $281,651, homes in Greenacres cost 31% below the national median of $410,000. This makes Greenacres a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greenacres?
20% Down Payment
$56,330
on $281,651
Monthly P&I
$1,469/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,866/mo
incl. taxes & insurance
Income Needed
$74,640
gross annual (30% rule)
10% Down Option
$28,165
+ PMI applies
Loan Amount (20% dn)
$225,321
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Greenacres, FL?
The median home value in Greenacres is $281,651 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.3% year-over-year.
How much have home prices changed in Greenacres?
Over the past year, home values in Greenacres have decreased by 4.3%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Greenacres?
To comfortably afford the median home price of $281,651 with a 20% down payment ($56,330) at today's rates (6.8%), you'd need a gross annual income of approximately $74,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Greenacres compare to the national average home price?
The national median home value is approximately $410,000. At $281,651, homes in Greenacres are 31% below the national average.
What metro area is Greenacres part of?
Greenacres is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.