Jensen Beach, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jensen Beach Neighborhoods Since 2000




Jensen Beach, FL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Jensen Beach Housing Market Information

With 12,730 people, 5,288 houses or apartments, and a median cost of homes of $270,712, Jensen Beach real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Jensen Beach, accounting for 64.19% of the town's housing units. Other types of housing that are prevalent in Jensen Beach include mobile homes or trailers ( 12.24%), large apartment complexes or high rise apartments ( 9.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.27%).

Dwellings in Jensen Beach tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.27% of the homes in Jensen Beach have two or fewer bedrooms.

There is a lot of housing in Jensen Beach built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jensen Beach built between 1940-1969 ( 20.91%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.70%).

Vacant housing appears to be an issue in Jensen Beach. Fully 18.28% of the housing stock is classified as vacant. Left unchecked, vacant Jensen Beach homes and apartments can be a drag on the real estate market, holding Jensen Beach real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Jensen Beach Home Appreciation Rates

Jensen Beach's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jensen Beach during the period has been just -1.46%, which is lower than 80% of US communities.

Appreciation rates are so strong in Jensen Beach that despite a nationwide downturn in the housing market, Jensen Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jensen Beach appreciation rates continue to be some of the highest in America, at 7.91%, which is higher than appreciation rates in 86.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jensen Beach. Jensen Beach appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.88%.

Relative to Florida, our data show that Jensen Beach's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$270,712

Jensen Beach, FL HOME PRICES

Value Range
> $1,353,000 1.2
$1,015,001 - $1,353,000 0.5
$677,001 - $1,015,000 2.5
$541,001 - $677,000 5.0
$406,001 - $541,000 15.3
$271,001 - $406,000 21.8
$135,001 - $271,000 29.8
$68,001 - $135,000 12.4
$0 - $68,000 11.5

High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
19.6472518457752 29.4871794871795

Number Of Homes And Apartments:
5,288

Jensen Beach Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
101.53% 4.15% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,551 / per month

Homeownership Rate

Homeownership
Owners 74.85
Renters 25.15
Vacant 18.28

Housing Market Details

 

Age of Homes

AGE OF Jensen Beach HOMES
2000 or Newer 15.7
1970 - 1999 63.0
1940 - 1969 20.9
1939 or Older 0.4

Types of Homes

TYPE OF Jensen Beach HOMES
Single-Family 64.2
Townhomes 6.0
Small Apt. Buildings 8.3
Apt. Complexes 9.3
Mobile Homes 12.2
Other 0.0

Home Size

SIZE OF Jensen Beach HOMES
No Bedroom 2.46
1 Bedroom 9.97
2 Bedrooms 37.85
3 Bedrooms 38.46
4 Bedrooms 10.48
5 or more bedrooms 0.79

Popular Neighborhoods in Jensen Beach

Zip Codes in Jensen Beach, FL