This according to a report by 24/7 Wall St.
Port St Lucie’s housing market experienced a 16.1 percent change in median single-family home prices from the second quarter of 2015, when it was $180,000, to the second quarter of 2016, when it rose to $209,000, the report states. 24/7 Wall St is a financial news and commentary website that covers the stock market, industry research and government economic policy.
Port St Lucie ranked fourth in the United States in the report on the 25 fastest growing real estate markets in the nation, just after Springfield, IL, which ranked third with a 17.1 percent increase in median single family home sales prices. Elmira, NY ranked second with a 17.6 percent increase in median sale prices. And Boulder, CO ranked first in the nation with an 18.5 percent increase in median sale price for a single family home.
To create the list, 24/7 Wall St. reviewed the largest home price changes over the 12 months through the second quarter of this year. Single family home price data for the 180 metropolitan ares reviewed came from the National Association of Realtors.