Is Green Cove Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Green Cove Springs has remained a Seller's Market.
Key Takeaway
Green Cove Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Green Cove Springs, FL
How much do homes in Green Cove Springs, FL cost?
Median Sold Price
$359,993
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Green Cove Springs have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Green Cove Springs was $359,993 in May 2024, up 3.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | - | N/A |
| 2 Bedrooms | $181K | $251.2K | +38.8% |
| 3 Bedrooms | $305.9K | $321.3K | +5.0% |
| 4 Bedrooms | $355.5K | $368K | +3.5% |
| 5+ Bedrooms | $397.6K | $450K | +13.2% |
Summary: Green Cove Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.8%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
| Green Cove Springs | $349.2K | $359.9K | +3.1% |
| Fruit Cove | $559.8K | $549K | -1.9% |
| Saint Johns | $546.7K | $529K | -3.2% |
Housing Supply in Green Cove Springs, FL
How many homes are available in Green Cove Springs, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 310 | 343 | +10.6% |
Summary: The Green Cove Springs real estate market had 343 homes for sale in May 2024, a 10.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 103 | 111 | +7.8% |
| 4 Bedrooms | 160 | 181 | +13.1% |
| 5+ Bedrooms | 41 | 45 | +9.8% |
Summary: The Green Cove Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 67 | +103.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Cove Springs, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Green Cove Springs in May 2024, up by 103.0% month-over-month. Of the 67 sold homes, 45% were sold under asking, 37% were sold at asking, and 18% were sold over asking.
Days on Market for Green Cove Springs, FL
How long does it take to sell a home in Green Cove Springs, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 92 Days | 58 Days | -36.8% |
Summary: Homes in Green Cove Springs had an average of 58 days on market in May 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Green Cove Springs are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 67 homes were sold in Green Cove Springs; 51% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.