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 October 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

$750,373

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,082(+9.5%)

Key Takeaway

Homes in Jupiter have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Jupiter was $750,373 in October 2024, up 9.5% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $305K$300K
-1.6%
2 $443.3K$471.7K
+6.4%
3 $685.1K$749.8K
+9.5%
4 $1.1M$1.1M
+1.3%
5+ $1.9M$2.3M
+18.2%

Summary: Jupiter housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 18.2%.

Median Sold Price Compared To Nearby Cities

Tequesta
+20.1%
Jupiter
+9.5%
Royal Palm Beach-West Jupiter
+5.8%
Juno Beach
-16.7%

Housing Supply in Jupiter, FL

How many homes are available in Jupiter, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9201,013+10.1%

Summary: The Jupiter real estate market had 1,013 homes for sale in October 2024, a 10.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2831
+10.7%
2 250298
+19.2%
3 336357
+6.3%
4 188199
+5.9%
5+ 118128
+8.5%

Summary: The Jupiter housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 8.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97126+29.9%

Asking Price vs. Sold Price

107 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 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. 84.9% of homes here sold below asking price last month.

Summary: A total of 126 homes were sold or pending in Jupiter in October 2024, up by 29.9% month-over-month. Of the 126 sold homes, 85% were sold under asking, 10% were sold at asking, and 5% 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

Oct 2023Oct 2024CHANGE
48 Days61 Days+27.1%

Summary: Homes in Jupiter had an average of 61 days on market in Oct 2024, up by 27.1% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

35 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 October 2024, 126 homes were sold in Jupiter; 41% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 28% 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

Newest Listings in Jupiter, FL

Nearby Markets to Jupiter, FL

What housing markets are near Jupiter, FL?