Is Fort Pierce, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Pierce is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Fort Pierce was a Seller's Market.

Key Takeaway

Fort Pierce is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fort Pierce, FL

How much do homes in Fort Pierce, FL cost?

Median Sold Price

$299,998

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,834(+1.0%)

Key Takeaway

Homes in Fort Pierce have sold for 1% more than they did a year ago.

Summary: The median home sold price in Fort Pierce was $299,998 in November 2024, up 1% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$140K
-3.4%
2 $231.7K$226.9K
-2.1%
3 $315.7K$324.9K
+2.9%
4 $367.4K$398K
+8.3%
5+ $418.5K$415.9K
-0.6%

Summary: Fort Pierce housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Cities

West Saint Lucie
+5.4%
Jensen Beach
+2.7%
Fort Pierce
+1.0%
Hutchinson Island
0.4%

Housing Supply in Fort Pierce, FL

How many homes are available in Fort Pierce, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
816878+7.6%

Summary: The Fort Pierce real estate market had 878 homes for sale in November 2024, a 7.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4251
+21.4%
2 263281
+6.8%
3 314342
+8.9%
4 156166
+6.4%
5+ 4138
-7.3%

Summary: The Fort Pierce housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 7.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8460-28.6%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Pierce, you may be able to get a good deal. 81.7% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in Fort Pierce in November 2024, down by 28.6% month-over-month. Of the 60 sold homes, 82% were sold under asking, 17% were sold at asking, and 2% 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

Nov 2023Nov 2024CHANGE
58 Days84 Days+44.6%

Summary: Homes in Fort Pierce had an average of 84 days on market in Nov 2024, up by 44.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Fort Pierce are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 60 homes were sold in Fort Pierce; 28% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Fort Pierce, FL

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