Is Jupiter, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jupiter is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Jupiter, FL cost?

Median Sold Price

$549,881

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$105,734(+23.8%)

Key Takeaway

Homes in Jupiter have sold for 23.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $206K$278K
+35.0%
2 $318.5K$405.8K
+27.4%
3 $449.7K$548.3K
+21.9%
4 $732.5K$945.7K
+29.1%
5+ $1.4M$1.7M
+20.4%

Median Sold Price Compared To Nearby Cities

Tequesta
+25.4%
Jupiter
+23.8%
Palm Beach Gardens
+21.1%
Juno Beach
+20.7%

How many homes are available in Jupiter, FL?

Number of Homes For Sale

Apr 2022May 2022%
365384+5.2%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 109
-10.0%
2 90105
+16.7%
3 157151
-3.8%
4 6171
+16.4%
5+ 4748
+2.1%

Number of Homes Sold

Apr 2022May 2022%
111125+12.6%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

57 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jupiter, you could pay more than the asking price. 45.6% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
28 Days14 Days-49.8%

Breakdown of Home Sale Times

110 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Jupiter, FL

Homes for sale in Jupiter, FL have reached 384. The inventory of homes for sale in Jupiter, FL between April 2022 and May 2022 increased by 5.2%. While the average time on the market in May 2022 was 14 days, the median list price was $549,881. Real estate listing prices changed between April 2022 and May 2022: 1 bedroom properties prices increased by 35%, prices of 2 bedrooms properties went up by 27.4%, prices of 3 bedrooms properties went up by 21.9%, prices of 4 bedrooms properties increased by 29.1%, 5 bedrooms properties prices increased by 20.4%. Volume of homes for sale changed: 1 bedroom homes became 10% less available, number of 2 bedrooms homes increased by 16.7%, number of 3 bedrooms homes decreased by 3.8%, volume of 4 bedrooms homes went up by 16.4%, volume of 5 bedrooms homes went up by 2.1%. While more than 57 listings in Jupiter, FL in May 2022 were sold above asking price, there were more than 23 listings sold at asking price, and more than 45 were sold below.

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