Port Saint Lucie, Florida

In Port Saint Lucie, $207,893 is the house median value. House value has increased 9.7% when compared to the past year. It is predicted that 4.3 percent is the amount of increase house values will have within the following year.

This huge increase in the cost of homes, plus gradually increasing interest rates have made it very difficult for many renters to enter the housing market. Young couples who want to start a family, for example, are finding it so difficult to afford a home.

In Port Saint Lucie, the house median per square foot list cost is $131. The metro area has a higher median per square foot list cost of $147.

In Port Saint Lucie $239,000 is the currently listed median cost of houses. $1,550 is the rent median cost. The metro area of Port Saint Lucie has a higher rent median cost of houses which is $1,700.

$48,898 is the median household income in Port Saint Lucie.

Regarding foreclosures, the first step in a homeowner experiencing foreclosure is having a delinquent mortgage. How is mortgage delinquency defined? It's when an owner of a home fails to make a mortgage payment on their house.

For Port Saint Lucie, 1.9 is the percent of houses that have mortgage delinquencies. The percent of mortgage delinquencies in the United States is 1.6.

Home values fell greater than 20 percent in the United States during the 2008 recession. This has caused many owners of homes to still be underwater. Being underwater means that the owner of a house has a mortgage balance that is more than the value of the house.

Port Saint Lucie has 7.1 percent of its homes being underwater. The Metro area of Port St. Lucie has a lower amount of mortgage delinquency which is 6.9 percent.