Jensen Beach, FL Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jensen Beach, FL Housing Market Trends

With a population of 12,730, 5,934 total housing units (homes and apartments), and a median house value of $324,737, 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 58.70% of the town's housing units. Other types of housing that are prevalent in Jensen Beach include mobile homes or trailers ( 13.88%), large apartment complexes or high rise apartments ( 12.24%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.70%).

Dwellings in Jensen Beach tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 54.94% 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 2000 and later ( 17.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.28%).

Vacant housing appears to be an issue in Jensen Beach. Fully 17.16% 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

In the last 10 years, Jensen Beach has experienced some of the highest home appreciation rates of any community in the nation. Jensen Beach real estate appreciated 97.73% over the last ten years, which is an average annual home appreciation rate of 7.06%, putting Jensen Beach in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Jensen Beach definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 6.70%, which is higher than appreciation rates in 81.37% 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 2.22%, which equates to an annual appreciation rate of 9.18%.

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:
$324,737

Jensen Beach, FL HOME PRICES

> $1,284,000
0.8%
0.8%
$963,001 - $1,284,000
1.6%
1.6%
$642,001 - $963,000
5.1%
5.1%
$513,001 - $642,000
10.5%
10.5%
$385,001 - $513,000
19.9%
19.9%
$257,001 - $385,000
23.1%
23.1%
$128,001 - $257,000
19.2%
19.2%
$64,001 - $128,000
10.4%
10.4%
$0 - $64,000
9.4%
9.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for FL

Value Relative To Nation

Number Of Homes And Apartments:
5,934

Jensen Beach Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
176.63% 4.96%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,781 / per month

Homeownership Rate

Owners
70.0%
70.0%
Renters
30.0%
30.0%
Vacant
17.2%
17.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
17.8%
17.8%
1970 - 1999
65.5%
65.5%
1940 - 1969
16.3%
16.3%
1939 or Older
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
58.7%
58.7%
Townhomes
6.5%
6.5%
Small Apt. Buildings
8.7%
8.7%
Apt. Complexes
12.2%
12.2%
Mobile Homes
13.9%
13.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.6%
2.6%
1 Bedroom
9.3%
9.3%
2 Bedrooms
43.0%
43.0%
3 Bedrooms
35.1%
35.1%
4 Bedrooms
9.0%
9.0%
5 or more bedrooms
0.9%
0.9%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Jensen Beach

Zip Codes in Jensen Beach, FL