Fairbanks Terrace South
Homes for Sale in Pompano Beach, FL

Community in Pompano Beach · Broward County
Median sale $232K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Beaches MLS data20 years of closingsUpdated twice daily
Live · Fairbanks Terrace South Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$232K
Median sold · 12 mo
$301/sf
Sold $/sqft · 12 mo
peak $354 in 2023
87.3%
Sale vs ask
Broward median: 96.6%
Tempo
42days
Median DOM · closed
7 days at the 2023 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 20 years of records
772sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairbanks Terrace South runs on price per square foot and condition. At a median of $301 per square foot and a mid-$230s median sale price, the inventory here spans older stock needing work and turnkey homes that have been updated. Buyers willing to renovate will find opportunity; those wanting move-in ready should budget accordingly and understand that condition drives the spread.

The market is moving at a measured pace—just over 40 days median—and with only four closings in our window, read each new listing on its own merits rather than extrapolating trend. Sellers price competitively or sit; buyers who can evaluate deferred maintenance and renovation cost will have the advantage.

The 60-Second Overview

Fairbanks Terrace South market snapshot (as of July 15, 2026): the median sale price is about $232K ($301 per sq ft over the trailing 12 months of closed sales), and a median 42 days on market for closed sales.

Fairbanks Terrace South is an older Pompano Beach neighborhood where condition varies widely and price per square foot tells the story more clearly than the median sale price alone.

Best for

  • The buyer with renovation budget and patience who wants affordable Broward ownership and can manage contractor timelines.
  • The investor with cash or rehab-loan access targeting value-add flips or long-term rentals in Pompano Beach.
  • The trade-up seller elsewhere in Broward downsizing into a project and willing to put sweat equity into a smaller footprint.

Probably not for

  • The first-time buyer stretching to the median price and expecting move-in ready condition without repair reserves.
  • Anyone seeking community amenities, organized HOA services, or a polished neighborhood aesthetic.
  • The buyer who needs abundant recent comps and certainty around market trajectory before committing.

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in Fairbanks Terrace South today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Fairbanks Terrace South.

Best Buy
Buyers comfortable evaluating renovation scope and cost, or investors with rehab experience seeking affordable Broward entry.
Biggest Risk
Thin transaction volume and wide condition variance make comp analysis difficult; every home must be underwritten individually.
Sweet Spot
The updated ranch or small single-family that has already had the heavy lifting done—new roof, updated kitchen, clean mechanicals—at a fair per-square-foot price.
Avoid If
You need turnkey certainty, want neighborhood amenities, or cannot carry renovation cost and timeline risk.

What sets the price in Fairbanks Terrace South

This is a condition-driven market. Homes that have seen kitchen and bath updates, newer mechanicals, and clean finishes command the higher end of the per-square-foot range. Originals with deferred maintenance or dated interiors price lower and may require cash buyers or renovation loans. Because the community lacks organized amenities, the home itself—and its state of repair—is the entire value proposition.

Pompano Beach location provides the context: inland accessibility, proximity to commercial corridors, and relative affordability within Broward County. The median days on market of just over 40 suggests neither panic nor stagnation—properties priced to their condition move; those that aren't, don't. Four closings in the current window means you will not find a deep comp set for every scenario, so rely on your agent's broader Pompano Beach knowledge and a thorough home inspection.

The location and the amenities are priced into every listing in Fairbanks Terrace South. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Fairbanks Terrace South rewards the buyer who can read a home's bones and budget renovation realistically, and it punishes the seller who overprices based on hope. Momentum's agents know Pompano Beach's older inventory, can walk you through cost-to-cure on the spot, and will tell you when a listing is priced honestly versus aspirationally. We bring contractor relationships, realistic comps from across the inland Broward corridor, and the candor to say when a property is not worth your offer—or when it is the value play you have been waiting for.

Fairbanks Terrace South in 15 seconds.

Best forBuyers comfortable evaluating renovation scope and cost, or investors with rehab experience seeking affordable Broward entry.
Biggest advantageA sub-$250K median in Broward County, with upside tied directly to the work you are willing to do.
Biggest riskThin transaction volume and wide condition variance make comp analysis difficult; every home must be underwritten individually.
Sweet spotThe updated ranch or small single-family that has already had the heavy lifting done—new roof, updated kitchen, clean mechanicals—at a fair per-square-foot price.
Avoid ifYou need turnkey certainty, want neighborhood amenities, or cannot carry renovation cost and timeline risk.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fairbanks Terrace South sales matched to your home.

What is your Fairbanks Terrace South home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Fairbanks Terrace South?
The median sale price in Fairbanks Terrace South was $232K over the 12 months ending July 15, 2026 (4 closed sales, Beaches MLS).
How long do homes in Fairbanks Terrace South take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 42 days on market (4 sales, Beaches MLS).
Who is the best real estate agent for Fairbanks Terrace South?
The best agent for Fairbanks Terrace South is one who actively works Pompano Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Fairbanks Terrace South.
How do I find a top Pompano Beach real estate agent who knows Fairbanks Terrace South?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Fairbanks Terrace South and the wider Pompano Beach area.
Can Momentum Realty connect me with an agent for Fairbanks Terrace South?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Fairbanks Terrace South purchase or sale - no call center and no pressure.
The buyer with renovation budget and patience who wants affordable Broward ownership and can manage contractor timelines.Excellent fit
The investor with cash or rehab-loan access targeting value-add flips or long-term rentals in Pompano Beach.Excellent fit
The trade-up seller elsewhere in Broward downsizing into a project and willing to put sweat equity into a smaller footprint.Excellent fit
The first-time buyer stretching to the median price and expecting move-in ready condition without repair reserves.Probably not
Anyone seeking community amenities, organized HOA services, or a polished neighborhood aesthetic.Probably not
The buyer who needs abundant recent comps and certainty around market trajectory before committing.Probably not

Data sources & freshness

Community market statsBeaches MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (30 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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More Pompano Beach & Fort Lauderdale & Broward County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Fort Lauderdale & Broward County or the full Neighborhood Finder.

Thinking of selling in Fairbanks Terrace South? 4 recorded closings; median 41 days on market (window ending 2026-07-15). See the Broward County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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