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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Port Saint Joe was a Buyer's Market.

Key Takeaway

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

Housing Prices in Port Saint Joe, FL

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

Median Sold Price

$500,200

$242/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$840(+0.2%)

Key Takeaway

The sold price of homes in Port Saint Joe has remained the same since last month.

Summary: The median home sold price in Port Saint Joe was $500,200 in March 2024, up 0.2% from last month, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$279.4K
N/A
3 -$365K
N/A
4 $499.3K$520.8K
+4.3%
5+ --
N/A

Summary: Port Saint Joe housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes did not change.

Housing Supply in Port Saint Joe, FL

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3637+2.8%

Summary: The Port Saint Joe real estate market had 37 homes for sale in March 2024, a 2.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 910
+11.1%
4 2221
-4.5%
5+ 00
0.0%

Summary: The Port Saint Joe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Port Saint Joe in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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

Feb 2024Mar 2024CHANGE
78 Days50 Days-35.7%

Summary: Homes in Port Saint Joe had an average of 50 days on market in Mar 2024, down by 35.7% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 7 homes were sold in Port Saint Joe; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% 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 23 Days Ago

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