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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jupiter is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Jupiter was a Seller's Market.

Key Takeaway

Jupiter is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jupiter, FL

How much do homes in Jupiter, FL cost?

Median Sold Price

$737,518

$417/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$62,280(+9.2%)

Key Takeaway

Homes in Jupiter have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Jupiter was $737,518 in April 2024, up 9.2% from last year, and the median price per square foot was $417.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $335.4K$304.5K
-9.2%
2 $480K$453.7K
-5.5%
3 $675.1K$750K
+11.1%
4 $1.1M$1.1M
+3.8%
5+ $2.2M$2.1M
-5.5%

Summary: Jupiter housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Cities

Juno Beach
+15.4%
Royal Palm Beach-West Jupiter
+11.1%
Jupiter
+9.2%
Tequesta
+3.9%

Housing Supply in Jupiter, FL

How many homes are available in Jupiter, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,0701,158+8.2%

Summary: The Jupiter real estate market had 1,158 homes for sale in April 2024, a 8.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2335
+52.2%
2 324355
+9.6%
3 410420
+2.4%
4 186220
+18.3%
5+ 127128
+0.8%

Summary: The Jupiter housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 52.2%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 0.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
148190+28.4%

Asking Price vs. Sold Price

156 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jupiter, you may be able to get a good deal. 82.1% of homes here sold below asking price last month.

Summary: A total of 190 homes were sold or pending in Jupiter in April 2024, up by 28.4% month-over-month. Of the 190 sold homes, 82% were sold under asking, 11% were sold at asking, and 7% were sold over asking.

Days on Market for Jupiter, FL

How long does it take to sell a home in Jupiter, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days58 Days+16.4%

Summary: Homes in Jupiter had an average of 58 days on market in Apr 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

96 Homes Were Sold
Under 30 Days

52 Homes Were Sold
In 30 - 90 Days

42 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.

Summary: During April 2024, 190 homes were sold in Jupiter; 51% of homes were sold within 30 days, 27% 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 13 Days Ago

Newest Listings in Jupiter, FL

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