Market Overview
Home Prices in The Hammocks, FL
The median home value in The Hammocks, FL is $538,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in The Hammocks are priced31% above average. The Hammocks is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, The Hammocks home values have risen by approximately38.6%, reflecting strong long-term appreciation in this market.
Price History
The Hammocks Home Price Trend
City Comparison
The Hammocks vs. National Median
At $538,248, homes in The Hammocks cost 31% above the national median of $410,000. Buyers in The Hammocks should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in The Hammocks?
20% Down Payment
$107,650
on $538,248
Monthly P&I
$2,807/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,565/mo
incl. taxes & insurance
Income Needed
$142,600
gross annual (30% rule)
10% Down Option
$53,825
+ PMI applies
Loan Amount (20% dn)
$430,598
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 The Hammocks, FL?
The median home value in The Hammocks is $538,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in The Hammocks?
Over the past year, home values in The Hammocks have decreased by 1.6%. Over five years, prices have risen approximately 38.6%.
How much do I need to earn to buy a home in The Hammocks?
To comfortably afford the median home price of $538,248 with a 20% down payment ($107,650) at today's rates (6.8%), you'd need a gross annual income of approximately $142,600. This assumes keeping total housing costs at or below 30% of gross income.
How does The Hammocks compare to the national average home price?
The national median home value is approximately $410,000. At $538,248, homes in The Hammocks are 31% above the national average.
What metro area is The Hammocks part of?
The Hammocks is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.