Fort Pierce, FL—34945
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Pierce, FL
As of Oct '25, the median home price in Fort Pierce, FL is $410,000, with a year-over-year change of -1.7%. This indicates that home prices in Fort Pierce, FL are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $410,000 | -1.7% |
| Single Family | $413,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $329,000 | -1.2% |
3 Bed | $398,000 | -1.2% |
4 Bed | $367,000 | -3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fort Pierce, FL
As of July '25, Rentcast reports the average rent in Fort Pierce, FL is $2,390, with a year-over-year rent change of -12.1%. Per bedroom, the median rent as of July '25 in Fort Pierce, FL is 1-bedrooms: $800, 2-bedrooms: $1,750, 3-bedrooms: $2,500, 4-bedrooms: $2,530. The most common rental property sizes in Fort Pierce, FL are 2-bedroom and 4-bedroom, accounting for 61.4% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,480 | $2,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 2 Bed Rent | $1,750 | $1,750 |
| 3 Bed Rent | $2,450 | $2,500 |
| 4 Bed Rent | $2,500 | $2,530 |
% of Rental Stock
Property Listings — Fort Pierce, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Pierce, FL is 85. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $784,000 | 48.0% |
Listing Count | 27 | 0.0% |
| Listings as % of Homes | 1.3% | 0.0% |
Days on Market | 85 | 39.0% |
Demographics — Fort Pierce, FL
As of the latest ACS Survey released in 2023, Fort Pierce, FL has a population of 6,210, which has increased by 23.8% over the past 5 years. Fort Pierce, FL is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,210 | 23.8% |
% Under 18 | 20.7% | 14.4% |
% Seniors | 19.9% | 8.7% |
% WFH | 7.4% | -21.3% |
% w/ College Degree | 23.3% | 59.6% |
As of the latest ACS Survey released in 2023, Fort Pierce, FL is a predominantly white area, with 62.9% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Fort Pierce, FL is hispanic, making up 21.5% of the population. Foreign-born residents account for 8.2% of the population in Fort Pierce, FL, and this percentage has increased by 5.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.9% | -8.3% |
% Black | 13.8% | -2.8% |
% Hispanic | 21.5% | 54.7% |
% Asian | 0.2% | -80.0% |
% Foreign Born | 8.2% | 5.1% |
Mortgage and Risk — Fort Pierce, FL
According to HUD data as of 2023, there were 375 mortgage originations in Fort Pierce, FL, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Fort Pierce, FL. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 375 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Fort Pierce, FL
As of 2024, the percent of homes in Fort Pierce, FL under the Section 8 program is 2.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Fort Pierce, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $800 | $1,290 |
| 2 Bedroom | -$160 | $1,750 | $1,590 |
| 3 Bedroom | -$360 | $2,450 | $2,090 |
| 4 Bedroom | -$90 | $2,500 | $2,410 |
Affordability — Fort Pierce, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $410,000 |
| Median Household Income | $72,900 |