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 seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Jensen Beach has remained a Seller's Market.

Key Takeaway

Jensen Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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 March 2023

-$9,900(-2.1%)

Key Takeaway

Homes in Jensen Beach have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Jensen Beach was $470,000 in March 2024, down 2.1% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $187.7K$365K
+94.4%
2 $382.5K$382.5K
0.0%
3 $499.9K$478.5K
-4.3%
4 $667.5K$660K
-1.1%
5+ $2.9M$750K
-74.6%

Summary: Jensen Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 74.6%.

Median Sold Price Compared To Nearby Cities

Stuart
+22.0%
Port Saint Lucie
+1.6%
Jensen Beach
-2.1%
Hutchinson Island
-7.1%

Housing Supply in Jensen Beach, FL

How many homes are available in Jensen Beach, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
194203+4.6%

Summary: The Jensen Beach real estate market had 203 homes for sale in March 2024, a 4.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1113
+18.2%
2 8795
+9.2%
3 6362
-1.6%
4 2827
-3.6%
5+ 56
+20.0%

Summary: The Jensen Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2436+50.0%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were 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. 91.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Jensen Beach in March 2024, up by 50.0% month-over-month. Of the 36 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% 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

Mar 2023Mar 2024CHANGE
38 Days62 Days+63.1%

Summary: Homes in Jensen Beach had an average of 62 days on market in Mar 2024, up by 63.1% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 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 March 2024, 36 homes were sold in Jensen Beach; 47% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 22% 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 11 Days Ago

Newest Listings in Jensen Beach, FL

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