Is Fort Pierce, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Fort Pierce was a Seller's Market.
Housing Prices in Fort Pierce, FL
How much do homes in Fort Pierce, FL cost?
Median Sold Price
$295,123
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fort Pierce was $295,123 in May 2024, up 3.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.9K | $145.5K | +4.0% |
2 Bedrooms | $225.5K | $230K | +2.0% |
3 Bedrooms | $301.4K | $325K | +7.8% |
4 Bedrooms | $360K | $391.3K | +8.7% |
5+ Bedrooms | $402.6K | $420K | +4.3% |
Summary: Fort Pierce housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
Jensen Beach | $451.3K | $475.1K | +5.3% |
Fort Pierce | $285K | $295.1K | +3.5% |
Hutchinson Island | $465.6K | $467.3K | 0.4% |
West Saint Lucie | $399.9K | $372.1K | -6.9% |
Housing Supply in Fort Pierce, FL
How many homes are available in Fort Pierce, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
709 | 735 | +3.7% |
Summary: The Fort Pierce real estate market had 735 homes for sale in May 2024, a 3.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 36 | 46 | +27.8% |
2 Bedrooms | 270 | 272 | +0.7% |
3 Bedrooms | 257 | 274 | +6.6% |
4 Bedrooms | 116 | 113 | -2.6% |
5+ Bedrooms | 30 | 30 | 0.0% |
Summary: The Fort Pierce housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.8%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
96 | 105 | +9.4% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 105 homes were sold or pending in Fort Pierce in May 2024, up by 9.4% month-over-month. Of the 105 sold homes, 60% were sold under asking, 23% were sold at asking, and 17% were sold over asking.
Days on Market for Fort Pierce, FL
How long does it take to sell a home in Fort Pierce, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 67 Days | +33.6% |
Summary: Homes in Fort Pierce had an average of 67 days on market in May 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During May 2024, 105 homes were sold in Fort Pierce; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.