Fort Pierce, Florida Real Estate & Housing Market

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Fort Pierce Housing Information

Index	Fort Pierce	Florida	National
Median home price	$89,100	$166,800	$184,700
Median rent asked	$812	$1,032	$949
Avg. people per household	2.6	2.6	2.6
Owner occupied households	44.9%	64.8%	63.6%
Renter occupied households	55.1%	35.2%	36.4%

Above, you will see a summary of real estate in Fort Pierce, FL. On average, homes in Fort Pierce, FL cost $89,100, a value that is 47% lower than the average in Florida. In general terms, this results in Fort Pierce, FL real estate being more affordable than Florida real estate. On average, people who rent houses in Fort Pierce, FL pay $812; this value is 21% lower than the average amount renters pay in Florida. 44.9% of Fort Pierce, FL residents own their own homes and, on average, each of the homes has 2.6 occupants. Fort Pierce, FL real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Fort Pierce, FL is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Fort Pierce Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Fort Pierce, FL. To estimate home affordability, one method is to use the ratio of home price to median household income. The Fort Pierce, FL’s median home price stands at $89,100 while $26,506 is the value of the average household income. The resulting home price to income ratio, which is 3.4x, differs from the Florida average as the ratio is 1% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Fort Pierce, FL are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Fort Pierce, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Ocean Breeze Park, FL	214	$13,500	93%
West Vero Corridor, FL	7,635	$59,100	68%
Fort Pierce North, FL	7,365	$59,800	68%
River Park, FL	5,538	$65,100	65%
Fort Pierce South, FL	3,992	$85,500	54%
Fort Pierce, FL	43,883	$89,100	52%

Cities with similar population

City, State	Population	Home Price	National Avg.
Dublin, OH	43,874	$352,300	91%
Apex, NC	43,893	$278,400	51%
University, FL	43,871	$83,500	55%
Haltom City, TX	43,864	$91,500	50%
York, PA	43,848	$76,100	59%
Fort Pierce, FL	43,883	$89,100	52%

Source: The Fort Pierce, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).