Jupiter, Florida Housing Market Prices
Jupiter Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 101% above the Florida median$624,555
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Median rent 42% above the Florida median$2,366
Housing Market Overview
| Metric | Jupiter | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $624,555 | $311,338 | $248,835 |
| Price Trend (Annual %) | 13.8% | 11.2% | 7.5% |
| Median Gross Rent | $2,366 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jupiter is about 101% higher than in Florida. Rent is about 42% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jupiter, up about 13.8% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Jupiter rose about 65.4% between 2015 and 2024, from $1,430 to $2,366. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 5.7 yearly household incomes in Jupiter.
Buying the median-priced home in Jupiter costs roughly 22.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jupiter. The price-to-rent ratio in Florida is about 15.6.
| Metric | Jupiter | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $624,555 | $311,338 | $248,835 |
| Median Household Income | $108,658 | $74,580 | $80,455 |
| Price-to-Income Ratio | 5.7 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jupiter rose about 159.3%, while median household income rose about 50.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jupiter | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.7% | 57.7% | 58.5% |
| Rental Rate | 19.5% | 27.7% | 31.2% |
| Vacancy Rate | 15.8% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Jupiter has a homeownership rate of 64.7%, higher than the Florida average of 57.7%. Its housing vacancy rate is 15.8%, compared with 14.6% in Florida.
Housing Stock
| Metric | Jupiter | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1994 | 1988 | 1978 |
| Median Number of Rooms | 5.3 | 5.2 | 5.5 |
The typical housing unit in Jupiter was built around 1994. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Jupiter, Florida.
What is the median home price in Jupiter, Florida?
The median home price in Jupiter, Florida is $624,555, higher than the Florida average of $311,338.
What is the average home price in Jupiter, Florida?
The typical home price in Jupiter, Florida, reported as the median sale price, is $624,555. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Jupiter, Florida?
The median gross rent in Jupiter, Florida is $2,366 per month, higher than the Florida average of $1,668.
What was the median gross rent in Jupiter in 2020?
In 2020, the median gross rent in Jupiter, Florida was $1,694 per month.
What is the price-to-rent ratio in Jupiter, Florida?
The price-to-rent ratio in Jupiter, Florida is about 22.0, meaning it would take roughly 22.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jupiter.
Are home prices or rent rising faster in Jupiter, Florida?
Both home prices and rent are rising in Jupiter, up about 13.8% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jupiter, Florida?
64.7% of households in Jupiter, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Jupiter, Florida?
The housing vacancy rate in Jupiter, Florida is 15.8%, higher than the Florida average of 14.6%.
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