Is Jupiter, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jupiter is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Jupiter, FL

How much do homes in Jupiter, FL cost?

Median Sold Price

$769,603

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$69,583(+9.9%)

Key Takeaway

Homes in Jupiter have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Jupiter was $769,603 in December 2024, up 9.9% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $305K$292.5K
-4.1%
2 $445.3K$459.2K
+3.1%
3 $699K$763.3K
+9.2%
4 $1.1M$1.1M
-1.0%
5+ $2.1M$2.3M
+9.3%

Summary: Jupiter housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Cities

Tequesta
+38.2%
Jupiter
+9.9%
Royal Palm Beach-West Jupiter
+5.4%
Juno Beach
-32.7%

Housing Supply in Jupiter, FL

How many homes are available in Jupiter, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
9591,013+5.6%

Summary: The Jupiter real estate market had 1,013 homes for sale in December 2024, a 5.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 2326
+13.0%
2 291312
+7.2%
3 332352
+6.0%
4 190192
+1.1%
5+ 123131
+6.5%

Summary: The Jupiter housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 6.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
94122+29.8%

Asking Price vs. Sold Price

105 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jupiter, you may be able to get a good deal. 86.1% of homes here sold below asking price last month.

Summary: A total of 122 homes were sold or pending in Jupiter in December 2024, up by 29.8% month-over-month. Of the 122 sold homes, 86% were sold under asking, 11% were sold at asking, and 3% were sold over asking.

Days on Market for Jupiter, FL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days67 Days+73.6%

Summary: Homes in Jupiter had an average of 67 days on market in Dec 2024, up by 73.6% compared to last year.

Breakdown of Home Sale Times

51 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jupiter are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 122 homes were sold in Jupiter; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 30% 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 10 Days Ago

Newest Listings in Jupiter, FL

Nearby Markets to Jupiter, FL

What housing markets are near Jupiter, FL?