Port St. Lucie FHA Loan Rates, Closing Costs & Stats
PORT ST. LUCIE, FL
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Port St. Lucie's 215 lenders originated 3,267 FHA loans during 2022. The total origination value was $997,015,000, with an average FHA loan value of $305,178.
Port St. Lucie FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Port St. Lucie
averaged
6.72%
for the week of 2023-09-22, compared to the national average (all FHA variants) of
7.036% for the same period.
Port St. Lucie's average FHA mortgage closing costs are $9,217.
The average rate for the prior week (2023-09-15) was
6.37% and
one month ago for the week of 2023-08-18, the
average rate was 6.68%.
The average rate one year ago was 5.67%.
For refis of the same type during the week of 2023-09-22, the average rate
was 5.63%.
Port St. Lucie FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Port St. Lucie level.
The top Port St. Lucie FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
358 FHA loans originated. Their average total fees are
$13,415, which is $1,231
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Port St. Lucie FHA lenders (with over 10 loans originated) are
Lakeview Community Capital, LLC ($7,550), LAKEVIEW LOAN SERVICING, LLC ($8,528), EVERETT FINANCIAL, INC. ($8,931), Mortgage Lenders Investment Trading Corporation ($9,284) and CALCON MUTUAL MORTGAGE LLC ($9,529).
The lowest rate Port St. Lucie FHA lenders (with over 10 loans originated) are
Lakeview Community Capital, LLC (3.61%), CALCON MUTUAL MORTGAGE LLC (3.80%), SHELTER MORTGAGE COMPANY, L.L.C. (3.82%), LAKEVIEW LOAN SERVICING, LLC (3.85%) and HOME POINT FINANCIAL CORPORATION (3.98%).
Port St. Lucie FHA Loan Limits
| Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
|---|---|---|---|---|---|---|
| PORT ST. LUCIE, FL | MARTIN | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
| PORT ST. LUCIE, FL | ST. LUCIE | 2022 | $431,250 | $552,050 | $667,350 | $829,350 |
| PORT ST. LUCIE, FL | MARTIN | 2023 | $500,250 | $640,400 | $774,100 | $962,050 |
| PORT ST. LUCIE, FL | ST. LUCIE | 2023 | $500,250 | $640,400 | $774,100 | $962,050 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Port St. Lucie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $285,000 (5.2%) | $522,450 (9.0%) | 1.06 | 3,474 |
| 2018-02-01 | $284,950 (4.3%) | $516,581 (2.2%) | 1.04 | 3,588 |
| 2018-03-01 | $284,444 (2.0%) | $526,263 (1.5%) | 1.00 | 3,564 |
| 2018-04-01 | $283,700 (2.0%) | $512,352 (1.0%) | 0.96 | 3,513 |
| 2018-05-01 | $283,900 (1.4%) | $506,294 (-2.9%) | 0.95 | 3,307 |
| 2018-06-01 | $284,900 (0.3%) | $501,708 (-3.3%) | 0.95 | 3,209 |
| 2018-07-01 | $289,894 (1.7%) | $509,204 (-3.2%) | 0.97 | 3,148 |
| 2018-08-01 | $289,900 (1.7%) | $515,107 (-2.2%) | 0.97 | 3,176 |
| 2018-09-01 | $289,000 (1.4%) | $510,611 (-1.1%) | 0.97 | 3,247 |
| 2018-10-01 | $289,444 (1.6%) | $512,096 (-0.8%) | 0.98 | 3,376 |
| 2018-11-01 | $289,700 (0.4%) | $521,296 (-3.0%) | 0.98 | 3,607 |
| 2018-12-01 | $289,000 (3.2%) | $532,645 (1.0%) | 1.00 | 3,716 |
| 2019-01-01 | $287,975 (1.0%) | $524,872 (0.5%) | 0.99 | 3,942 |
| 2019-02-01 | $289,444 (1.6%) | $517,963 (0.3%) | 0.98 | 4,128 |
| 2019-03-01 | $289,514 (1.8%) | $518,799 (-1.4%) | 0.95 | 4,089 |
| 2019-04-01 | $289,514 (2.1%) | $521,919 (1.9%) | 0.92 | 3,959 |
| 2019-05-01 | $289,900 (2.1%) | $507,695 (0.3%) | 0.91 | 3,837 |
| 2019-06-01 | $294,900 (3.5%) | $491,855 (-2.0%) | 0.92 | 3,716 |
| 2019-07-01 | $293,925 (1.4%) | $496,908 (-2.4%) | 0.92 | 3,556 |
| 2019-08-01 | $289,727 (-0.1%) | $507,441 (-1.5%) | 0.92 | 3,469 |
| 2019-09-01 | $289,318 (0.1%) | $510,635 (0.0%) | 0.93 | 3,375 |
| 2019-10-01 | $289,045 (-0.1%) | $514,029 (0.4%) | 0.93 | 3,339 |
| 2019-11-01 | $289,900 (0.1%) | $532,513 (2.2%) | 0.95 | 3,400 |
| 2019-12-01 | $289,447 (0.2%) | $537,051 (0.8%) | 0.97 | 3,471 |
| 2020-01-01 | $289,000 (0.4%) | $535,034 (1.9%) | 0.97 | 3,570 |
| 2020-02-01 | $289,000 (-0.2%) | $522,282 (0.8%) | 0.95 | 3,659 |
| 2020-03-01 | $290,329 (0.3%) | $513,300 (-1.1%) | 0.91 | 3,648 |
| 2020-04-01 | $289,900 (0.1%) | $504,243 (-3.4%) | 0.91 | 3,595 |
| 2020-05-01 | $289,900 (0.0%) | $515,775 (1.6%) | 0.88 | 3,365 |
| 2020-06-01 | $299,000 (1.4%) | $518,043 (5.3%) | 0.88 | 2,936 |
| 2020-07-01 | $303,525 (3.3%) | $525,550 (5.8%) | 0.88 | 2,563 |
| 2020-08-01 | $308,596 (6.5%) | $537,992 (6.0%) | 0.88 | 2,350 |
| 2020-09-01 | $307,498 (6.3%) | $551,283 (8.0%) | 0.88 | 2,100 |
| 2020-10-01 | $315,000 (9.0%) | $557,635 (8.5%) | 0.90 | 2,018 |
| 2020-11-01 | $319,000 (10.0%) | $575,719 (8.1%) | 0.93 | 2,004 |
| 2020-12-01 | $322,450 (11.4%) | $584,380 (8.8%) | 0.96 | 1,970 |
| 2021-01-01 | $325,000 (12.5%) | $628,673 (17.5%) | 0.97 | 1,770 |
| 2021-02-01 | $325,000 (12.5%) | $646,918 (23.9%) | 0.95 | 1,438 |
| 2021-03-01 | $323,010 (11.3%) | $682,221 (32.9%) | 0.92 | 1,248 |
| 2021-04-01 | $342,425 (18.1%) | $693,066 (37.5%) | 0.93 | 1,122 |
| 2021-05-01 | $350,000 (20.7%) | $716,991 (39.0%) | 0.93 | 1,050 |
| 2021-06-01 | $382,000 (27.8%) | $742,234 (43.3%) | 1.01 | 1,038 |
| 2021-07-01 | $397,000 (30.8%) | $727,101 (38.4%) | 1.05 | 1,077 |
| 2021-08-01 | $398,913 (29.3%) | $710,059 (32.0%) | 1.06 | 1,125 |
| 2021-09-01 | $399,848 (30.0%) | $722,208 (31.0%) | 1.07 | 1,138 |
| 2021-10-01 | $414,900 (31.7%) | $718,254 (28.8%) | 1.11 | 1,105 |
| 2021-11-01 | $422,450 (32.4%) | $689,838 (19.8%) | 1.13 | 1,057 |
| 2021-12-01 | $425,000 (31.8%) | $760,405 (30.1%) | 1.15 | 1,003 |
| 2022-01-01 | $429,450 (32.1%) | $804,983 (28.0%) | 1.16 | 853 |
| 2022-02-01 | $425,000 (30.8%) | $814,617 (25.9%) | 1.11 | 853 |
| 2022-03-01 | $439,450 (36.1%) | $840,766 (23.2%) | 1.10 | 873 |
| 2022-04-01 | $450,000 (31.4%) | $873,035 (26.0%) | 1.07 | 958 |
| 2022-05-01 | $469,025 (34.0%) | $895,272 (24.9%) | 1.07 | 1,192 |
| 2022-06-01 | $482,450 (26.3%) | $897,568 (20.9%) | 1.07 | 1,500 |
| 2022-07-01 | $474,000 (19.4%) | $835,851 (15.0%) | 1.07 | 1,888 |
| 2022-08-01 | $462,500 (15.9%) | $804,473 (13.3%) | 1.07 | 2,164 |
| 2022-09-01 | $452,718 (13.2%) | $795,134 (10.1%) | 1.06 | 2,263 |
| 2022-10-01 | $449,999 (8.5%) | $793,496 (10.5%) | 1.06 | 2,339 |
| 2022-11-01 | $446,950 (5.8%) | $749,958 (8.7%) | 1.07 | 2,517 |
| 2022-12-01 | $445,000 (4.7%) | $770,080 (1.3%) | 1.10 | 2,534 |
| 2023-01-01 | $447,786 (4.3%) | $770,084 (-4.3%) | 1.11 | 2,562 |
| 2023-02-01 | $450,000 (5.9%) | $793,186 (-2.6%) | 1.09 | 2,595 |
| 2023-03-01 | $459,900 (4.7%) | $831,572 (-1.1%) | 1.08 | 2,463 |
| 2023-04-01 | $469,000 (4.2%) | $868,572 (-0.5%) | 1.09 | 2,359 |
| 2023-05-01 | $474,900 (1.3%) | $879,774 (-1.7%) | 1.08 | 2,264 |
| 2023-06-01 | $474,925 (-1.6%) | $883,805 (-1.5%) | 1.07 | 2,183 |
| 2023-07-01 | $475,000 (0.2%) | $869,379 (4.0%) | 1.08 | 2,162 |
| 2023-08-01 | $476,573 (3.0%) | $840,201 (4.4%) | 1.09 | 2,160 |
Port St. Lucie's median listing price comes in at 109% of the national average.
Port St. Lucie's average listing price for 2023-08-01 was $840,201, a difference of $35,728 (4.4%) versus the prior year and $-29,178 versus the prior month.
For the 2023-08-01 period, Port St. Lucie had 2,160 MLS listings, a difference of -2 listings (0%) versus the prior month and -4 listings (0%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Port St. Lucie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 68 days | 1,943 sqft |
| 2018-02-01 | 65 days | 1,935 sqft |
| 2018-03-01 | 60 days | 1,929 sqft |
| 2018-04-01 | 63 days | 1,929 sqft |
| 2018-05-01 | 64 days | 1,919 sqft |
| 2018-06-01 | 67 days | 1,918 sqft |
| 2018-07-01 | 68 days | 1,938 sqft |
| 2018-08-01 | 66 days | 1,945 sqft |
| 2018-09-01 | 65 days | 1,908 sqft |
| 2018-10-01 | 63 days | 1,908 sqft |
| 2018-11-01 | 62 days | 1,922 sqft |
| 2018-12-01 | 67 days | 1,906 sqft |
| 2019-01-01 | 73 days | 1,896 sqft |
| 2019-02-01 | 69 days | 1,904 sqft |
| 2019-03-01 | 68 days | 1,907 sqft |
| 2019-04-01 | 69 days | 1,908 sqft |
| 2019-05-01 | 71 days | 1,905 sqft |
| 2019-06-01 | 73 days | 1,908 sqft |
| 2019-07-01 | 77 days | 1,913 sqft |
| 2019-08-01 | 77 days | 1,904 sqft |
| 2019-09-01 | 75 days | 1,893 sqft |
| 2019-10-01 | 73 days | 1,880 sqft |
| 2019-11-01 | 64 days | 1,874 sqft |
| 2019-12-01 | 69 days | 1,865 sqft |
| 2020-01-01 | 71 days | 1,847 sqft |
| 2020-02-01 | 66 days | 1,832 sqft |
| 2020-03-01 | 61 days | 1,830 sqft |
| 2020-04-01 | 72 days | 1,815 sqft |
| 2020-05-01 | 82 days | 1,800 sqft |
| 2020-06-01 | 89 days | 1,824 sqft |
| 2020-07-01 | 72 days | 1,839 sqft |
| 2020-08-01 | 65 days | 1,833 sqft |
| 2020-09-01 | 60 days | 1,847 sqft |
| 2020-10-01 | 57 days | 1,839 sqft |
| 2020-11-01 | 55 days | 1,843 sqft |
| 2020-12-01 | 57 days | 1,850 sqft |
| 2021-01-01 | 62 days | 1,867 sqft |
| 2021-02-01 | 53 days | 1,886 sqft |
| 2021-03-01 | 46 days | 1,834 sqft |
| 2021-04-01 | 41 days | 1,838 sqft |
| 2021-05-01 | 39 days | 1,870 sqft |
| 2021-06-01 | 38 days | 1,901 sqft |
| 2021-07-01 | 38 days | 1,885 sqft |
| 2021-08-01 | 41 days | 1,885 sqft |
| 2021-09-01 | 41 days | 1,835 sqft |
| 2021-10-01 | 40 days | 1,836 sqft |
| 2021-11-01 | 42 days | 1,866 sqft |
| 2021-12-01 | 44 days | 1,838 sqft |
| 2022-01-01 | 45 days | 1,856 sqft |
| 2022-02-01 | 29 days | 1,767 sqft |
| 2022-03-01 | 27 days | 1,807 sqft |
| 2022-04-01 | 27 days | 1,808 sqft |
| 2022-05-01 | 27 days | 1,819 sqft |
| 2022-06-01 | 31 days | 1,858 sqft |
| 2022-07-01 | 35 days | 1,860 sqft |
| 2022-08-01 | 42 days | 1,839 sqft |
| 2022-09-01 | 49 days | 1,824 sqft |
| 2022-10-01 | 55 days | 1,829 sqft |
| 2022-11-01 | 59 days | 1,829 sqft |
| 2022-12-01 | 62 days | 1,813 sqft |
| 2023-01-01 | 66 days | 1,810 sqft |
| 2023-02-01 | 57 days | 1,798 sqft |
| 2023-03-01 | 52 days | 1,818 sqft |
| 2023-04-01 | 54 days | 1,834 sqft |
| 2023-05-01 | 57 days | 1,847 sqft |
| 2023-06-01 | 57 days | 1,852 sqft |
| 2023-07-01 | 59 days | 1,849 sqft |
| 2023-08-01 | 59 days | 1,863 sqft |
Port St. Lucie's median square footage for active listings during the 2023-08-01 period was 1,863 sqft. One year prior, the average listing was 1,839 sqft.