Is Port Saint Joe, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Saint Joe is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Port Saint Joe has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Port Saint Joe, FL

How much do homes in Port Saint Joe, FL cost?

Median Sold Price

$468,160

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,978(-4.3%)

Key Takeaway

Homes in Port Saint Joe have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Port Saint Joe was $468,160 in November 2024, down 4.3% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $79K-
N/A
2 $290K$287.2K
-1.0%
3 $338.5K$445K
+31.5%
4 $489.5K$469.7K
-4.1%
5+ $512.7K$390.7K
-23.8%

Summary: Port Saint Joe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 31.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 23.8%.

Housing Supply in Port Saint Joe, FL

How many homes are available in Port Saint Joe, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3031+3.3%

Summary: The Port Saint Joe real estate market had 31 homes for sale in November 2024, a 3.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1110
-9.1%
4 1311
-15.4%
5+ 24
+100.0%

Summary: The Port Saint Joe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Saint Joe, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Port Saint Joe in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Port Saint Joe, FL

How long does it take to sell a home in Port Saint Joe, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days83 Days+30.9%

Summary: Homes in Port Saint Joe had an average of 83 days on market in Nov 2024, up by 30.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Port Saint Joe has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Port Saint Joe; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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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