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Fort Pierce, FL—34950

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$187,000
8.7% YoY Growth
Household Income
$32,700
29.4% YoY Growth
Days on Market
80
11.0% Shorter YoY
Home Price Forecast
1.0%
Median Rent
$1,700
7.9% YoY Growth
1-Bed Rent
$1,500
6.2% YoY Growth
2-Bed Rent
$1,750
2.3% YoY Growth
3-Bed Rent
$1,900
20.9% YoY Growth

Other Zip Codes in Fort Pierce, FL

349473494634981349823494534951
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fort Pierce, FL

As of Dec '25, the median home price in Fort Pierce, FL is $187,000, with a year-over-year change of -8.7%. 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 TypeMedian Home ValueYoY % Change
All Homes
$187,000-8.7%
Single Family $191,000-9.0%
Condos $156,000-15.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $110,000
    -14.1%
    2 Bed
    		$164,000-10.9%
    3 Bed
    		$217,000-7.3%
    4 Bed
    		$272,000-5.2%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    7.0%
    1 Bedroom
    14.9%
    2 Bedrooms
    39.5%
    3 Bedrooms
    30.5%
    4 Bedrooms
    6.0%
    5+ Bedrooms
    2.2%

    Rental Trends — Fort Pierce, FL

    As of July '25, Rentcast reports the average rent in Fort Pierce, FL is $1,750, with a year-over-year rent change of -7.9%. Per bedroom, the median rent as of July '25 in Fort Pierce, FL is studios: $1,050, 1-bedrooms: $1,550, 2-bedrooms: $1,760, 3-bedrooms: $2,080, 4-bedrooms: $1,950. The most common rental property sizes in Fort Pierce, FL are 2-bedroom and 3-bedroom, accounting for 31.1% and 24.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,700$1,750
    Studio Rent $1,050$1,050
    1 Bed Rent $1,500$1,550
    2 Bed Rent $1,750$1,760
    3 Bed Rent $1,900$2,080
    4 Bed Rent $1,800$1,950
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    % of Rental Stock

    Studio
    10.4%
    1 Bedroom
    23.4%
    2 Bedrooms
    31.1%
    3 Bedrooms
    24.0%
    4 Bedrooms
    7.2%
    5+ Bedrooms
    3.9%

    Property Listings — Fort Pierce, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Fort Pierce, FL is 83. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$229,000-3.0%
    Listing Count
    		10828.0%
    Listings as % of Homes0.9%28.0%
    Days on Market
    		80-11.0%
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    Demographics — Fort Pierce, FL

    As of the latest ACS Survey released in 2023, Fort Pierce, FL has a population of 17,700, which has increased by 3.8% over the past 5 years. Fort Pierce, FL is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		17,7003.8%
    % Under 18
    		22.7%-13.0%
    % Seniors
    		21.1%86.7%
    % WFH
    		8.2%141.2%
    % w/ College Degree
    		13.9%44.8%
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    As of the latest ACS Survey released in 2023, Fort Pierce, FL is a predominantly black area, with 64.1% of the population identifying as black. The black population has grown by 33.5% in the last 5 years. The second most common race or ethnicity in Fort Pierce, FL is hispanic, making up 19.2% of the population. Foreign-born residents account for 23.0% of the population in Fort Pierce, FL, and this percentage has increased by 13.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		16.8%-30.3%
    % Black
    		64.1%33.5%
    % Hispanic
    		19.2%-28.4%
    % Asian
    		0.0%N/A
    % Foreign Born
    		23.0%13.3%
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    Mortgage and Risk — Fort Pierce, FL

    According to HUD data as of 2023, there were 84 mortgage originations in Fort Pierce, FL, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Fort Pierce, FL. Investor activity is low, as 4.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		84
    % Conventional Loans
    		60.0%
    % Government Loans
    		40.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		18.0%
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    Rentals and Section 8 — Fort Pierce, FL

    As of 2024, the percent of homes in Fort Pierce, FL under the Section 8 program is 5.3%. 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. 3-bedroom and 4-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 1-bedroom and 2-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		646
    Total Units Section 8
    		213
    % Rentals under Section 8
    		5.3%
    % Occupied Section 8
    		80.9%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$340$1,500$1,160
    2 Bedroom-$330$1,750$1,420
    3 Bedroom$60$1,900$1,960
    4 Bedroom$390$1,800$2,190

    Affordability — Fort Pierce, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.1
    Median Home Price$187,000
    Median Household Income$32,700

    Fort Pierce, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions