Fairbanks Terrace South
Homes for Sale in Pompano Beach, FL

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.

BeachesMLS sales records identify 15 homes in Fairbanks Terrace South that have changed hands since 2010, built between 1962 and 1964 (median 1963), with a median living area of about 772 sq ft and a typical 1-bedroom, 1-bath layout. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Fairbanks Terrace South is too small for its own price trend, so here is the market around it.

In ZIP 33062, 702 homes are on the market and 12% are under contract — a slower corner of Pompano Beach.

Across Broward County, 14,300 homes are active and 3,189 pending (18% under contract).

In ZIP 33062 (Pompano Beach), 585 homes closed in the last 12 months at a median of $510K ($388/sq ft), up 0.6% year over year, with a median 72 days on market. Right now 233 active and 43 pending listings put supply at about 7.0 months — a buyer's market. See the live ZIP 33062 housing market and the Broward County market.

ZIP and county figures describe the wider market, not Fairbanks Terrace South specifically. Momentum Research analysis of MLS records.

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.

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.

Listings in this community report association dues of about $941 per month ($11,292 a year) — the median AssociationFee across 22 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

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