Fort Pierce, FL—34946
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 $232,000, with a year-over-year change of -2.1%. This indicates that home prices in Fort Pierce, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | -2.1% |
| Single Family | $234,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $190,000 | -3.1% |
3 Bed | $246,000 | -1.2% |
4 Bed | $284,000 | -1.0% |
| 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 $2,060, with a year-over-year rent change of 31.2%. Per bedroom, the median rent as of July '25 in Fort Pierce, FL is 1-bedrooms: $1,160, 2-bedrooms: $1,510, 3-bedrooms: $1,950, 4-bedrooms: $2,540. The most common rental property sizes in Fort Pierce, FL are 2-bedroom and 3-bedroom, accounting for 63.0% and 14.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,160 |
| 2 Bed Rent | $1,500 | $1,510 |
| 3 Bed Rent | $2,000 | $1,950 |
| 4 Bed Rent | $2,500 | $2,540 |
% 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 101. This is a increase of 14.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | -12.0% |
Listing Count | 32 | 81.0% |
| Listings as % of Homes | 0.5% | 81.0% |
Days on Market | 101 | 14.0% |
Demographics — Fort Pierce, FL
As of the latest ACS Survey released in 2023, Fort Pierce, FL has a population of 6,590, which has increased by 10.7% over the past 5 years. Fort Pierce, FL is a moderately popular place for families, as children make up 18.7% of the population. The area has a poorly educated workforce, with 13.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,590 | 10.7% |
% Under 18 | 18.7% | -3.1% |
% Seniors | 20.1% | -1.0% |
% WFH | 3.9% | 254.5% |
% w/ College Degree | 13.8% | 3.8% |
As of the latest ACS Survey released in 2023, Fort Pierce, FL is a predominantly black area, with 36.3% of the population identifying as black. The black population has shrunk by 38.9% in the last 5 years. The second most common race or ethnicity in Fort Pierce, FL is hispanic, making up 34.0% of the population. Foreign-born residents account for 24.9% of the population in Fort Pierce, FL, and this percentage has increased by 245.8% 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 | 26.2% | -21.3% |
% Black | 36.3% | -38.9% |
% Hispanic | 34.0% | 423.1% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 24.9% | 245.8% |
Mortgage and Risk — Fort Pierce, FL
According to HUD data as of 2023, there were 40 mortgage originations in Fort Pierce, FL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Fort Pierce, FL. Investor activity is low, as 7.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 82.0% |
% Government Loans | 17.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
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 7.4%. 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 | 108 |
Total Units Section 8 | 91 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,080 | $1,160 |
| 2 Bedroom | -$80 | $1,500 | $1,420 |
| 3 Bedroom | -$40 | $2,000 | $1,960 |
| 4 Bedroom | -$310 | $2,500 | $2,190 |
Affordability — Fort Pierce, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $232,000 |
| Median Household Income | $40,500 |