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Fort Pierce, FL—34945

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$412,000
0.9% YoY Growth
Household Income
$72,900
56.6% YoY Growth
Days on Market
56
4.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$2,480
12.1% YoY Growth
1-Bed Rent
$800
N/A
2-Bed Rent
$1,750
N/A
3-Bed Rent
$2,450
N/A

Other Zip Codes in Fort Pierce, FL

349473494634981349823495034951
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fort Pierce, FL

As of May '26, the median home price in Fort Pierce, FL is $412,000, with a year-over-year change of 0.9%. This indicates that home prices in Fort Pierce, FL are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$412,0000.9%
Single Family $414,0001.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$379,0004.4%
    3 Bed
    		$424,0001.2%
    4 Bed
    		$372,000-2.1%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    2.2%
    2 Bedrooms
    27.6%
    3 Bedrooms
    39.5%
    4 Bedrooms
    27.9%
    5+ Bedrooms
    2.8%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,480$2,390
    Studio Rent N/AN/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
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    % of Rental Stock

    1 Bedroom
    6.5%
    2 Bedrooms
    61.4%
    3 Bedrooms
    3.9%
    4 Bedrooms
    28.1%

    Property Listings — Fort Pierce, FL

    As of May '26, Realtor.com reports that the median days on market for a home in Fort Pierce, FL is 56. This is a increase of 4.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$390,000-14.0%
    Listing Count
    		5030.0%
    Listings as % of Homes1.3%30.0%
    Days on Market
    		564.0%
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    Demographics — Fort Pierce, FL

    As of the latest ACS Survey released in 2023, Fort Pierce, FL has a population of 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.

    MetricLatest CensusYoY % Change
    Population
    		6,21023.8%
    % Under 18
    		20.7%14.4%
    % Seniors
    		19.9%8.7%
    % WFH
    		7.4%-21.3%
    % w/ College Degree
    		23.3%59.6%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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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 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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio5.4
    Median Home Price$412,000
    Median Household Income$72,900

    Fort Pierce, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions