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 February 2023

At the same time last year, Jensen Beach was a Neutral 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

$470,000

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,000(+1.1%)

Key Takeaway

Homes in Jensen Beach have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Jensen Beach was $470,000 in February 2024, up 1.1% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $183.7K$360K
+95.9%
2 $377.5K$382.5K
+1.3%
3 $500K$475.1K
-5.0%
4 $659.9K$660K
0.0%
5+ $2.9M$845K
-71.4%

Summary: Jensen Beach housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 71.4%.

Median Sold Price Compared To Nearby Cities

Stuart
+25.1%
Port Saint Lucie
+2.1%
Jensen Beach
+1.1%
Hutchinson Island
-3.6%
Ocean Breeze Park
-6.7%

Housing Supply in Jensen Beach, FL

How many homes are available in Jensen Beach, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
188203+8.0%

Summary: The Jensen Beach real estate market had 203 homes for sale in February 2024, a 8.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 911
+22.2%
2 8493
+10.7%
3 5964
+8.5%
4 3229
-9.4%
5+ 46
+50.0%

Summary: The Jensen Beach housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1519+26.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 78.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Jensen Beach in February 2024, up by 26.7% month-over-month. Of the 19 sold homes, 79% were sold under asking, 16% were sold at asking, and 5% 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

Feb 2023Feb 2024CHANGE
48 Days66 Days+37.1%

Summary: Homes in Jensen Beach had an average of 66 days on market in Feb 2024, up by 37.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 19 homes were sold in Jensen Beach; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% 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 28 Days Ago

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