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 buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Port Saint Joe has remained a Buyer's Market.

Key Takeaway

Port Saint Joe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Port Saint Joe, FL

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

Median Sold Price

$390,000

$230/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$108,000(+38.3%)

Key Takeaway

Homes in Port Saint Joe have sold for 38.3% more than they did a month ago.

Summary: The median home sold price in Port Saint Joe was $390,000 in May 2024, up 38.3% from last month, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $282K-
N/A
3 -$356.3K
N/A
4 -$469.9K
N/A
5+ --
N/A

Summary: Port Saint Joe housing prices by bedroom type for May 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 did not change, 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

Apr 2024May 2024CHANGE
3437+8.8%

Summary: The Port Saint Joe real estate market had 37 homes for sale in May 2024, a 8.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1013
+30.0%
4 1921
+10.5%
5+ 11
0.0%

Summary: The Port Saint Joe housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Port Saint Joe in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Apr 2024May 2024CHANGE
12 Days100 Days+705.3%

Summary: Homes in Port Saint Joe had an average of 100 days on market in May 2024, up by 705.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Port Saint Joe has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Port Saint Joe; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

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