Is Saint Lucie County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Lucie County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Saint Lucie County was a Seller's Market.

Key Takeaway

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

Housing Prices in Saint Lucie County, FL

How much do homes in Saint Lucie County, FL cost?

Median Sold Price

$387,275

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,947(+2.6%)

Key Takeaway

Homes in Saint Lucie County have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Saint Lucie County was $387,275 in October 2024, up 2.6% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $158K$140K
-11.4%
2 $285K$289.1K
+1.5%
3 $365K$379.5K
+4.0%
4 $420K$445K
+5.9%
5+ $495K$494K
-0.2%

Summary: Saint Lucie County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Counties

Okeechobee County
+8.5%
Indian River County
+7.0%
Martin County
+3.9%
Saint Lucie County
+2.6%

Housing Supply in Saint Lucie County, FL

How many homes are available in Saint Lucie County, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2,8422,942+3.5%

Summary: The Saint Lucie County real estate market had 2,942 homes for sale in October 2024, a 3.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4960
+22.4%
2 660701
+6.2%
3 1,2861,306
+1.6%
4 739762
+3.1%
5+ 108113
+4.6%

Summary: The Saint Lucie County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 4.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
413297-28.1%

Asking Price vs. Sold Price

191 Homes Were Sold
Under Asking

79 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Lucie County, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 297 homes were sold or pending in Saint Lucie County in October 2024, down by 28.1% month-over-month. Of the 297 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for Saint Lucie County, FL

How long does it take to sell a home in Saint Lucie County, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days65 Days+67.2%

Summary: Homes in Saint Lucie County had an average of 65 days on market in Oct 2024, up by 67.2% compared to last year.

Breakdown of Home Sale Times

129 Homes Were Sold
Under 30 Days

85 Homes Were Sold
In 30 - 90 Days

83 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 297 homes were sold in Saint Lucie County; 43% of homes were sold within 30 days, 29% 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

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