Is Jensen Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jensen Beach is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Jensen Beach was a Seller's Market.

Key Takeaway

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

Housing Prices in Jensen Beach, FL

How much do homes in Jensen Beach, FL cost?

Median Sold Price

$482,500

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+2.7%)

Key Takeaway

Homes in Jensen Beach have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Jensen Beach was $482,500 in October 2024, up 2.7% from last year, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $365K$409.5K
+12.2%
2 $385K$399.9K
+3.9%
3 $475K$502.5K
+5.8%
4 $665K$620K
-6.8%
5+ $1.9M$720K
-63.0%

Summary: Jensen Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 63%.

Median Sold Price Compared To Nearby Cities

Stuart
+4.5%
Port Saint Lucie
+3.8%
Jensen Beach
+2.7%
Hutchinson Island
-1.0%

Housing Supply in Jensen Beach, FL

How many homes are available in Jensen Beach, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
188207+10.1%

Summary: The Jensen Beach real estate market had 207 homes for sale in October 2024, a 10.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1112
+9.1%
2 81102
+25.9%
3 6461
-4.7%
4 2525
0.0%
5+ 77
0.0%

Summary: The Jensen Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 25.9%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2219-13.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jensen Beach, you may be able to get a good deal. 84.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Jensen Beach in October 2024, down by 13.6% month-over-month. Of the 19 sold homes, 84% were sold under asking, 0% were sold at asking, and 16% were sold over asking.

Days on Market for Jensen Beach, FL

How long does it take to sell a home in Jensen Beach, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days110 Days+78.7%

Summary: Homes in Jensen Beach had an average of 110 days on market in Oct 2024, up by 78.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Jensen Beach; 26% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 53% 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 20 Days Ago

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