Is Nassau County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Nassau County was a Seller's Market.
Key Takeaway
Nassau County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Nassau County, FL
How much do homes in Nassau County, FL cost?
Median Sold Price
$430,546
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Nassau County have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Nassau County was $430,546 in May 2024, up 5.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $207.5K | $499.9K | +140.9% |
| 2 Bedrooms | $275K | $480K | +74.5% |
| 3 Bedrooms | $389.9K | $409.9K | +5.1% |
| 4 Bedrooms | $427.2K | $434.3K | +1.7% |
| 5+ Bedrooms | $462K | $547.8K | +18.6% |
Summary: Nassau County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 140.9%, 2 bedroom homes increased by 74.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 18.6%.
Median Sold Price Compared To Nearby Counties
| Charlton County | $200K | $215K | +7.5% |
| Nassau County | $406.4K | $430.5K | +5.9% |
| Duval County | $303.6K | $313.8K | +3.3% |
| Camden County | $298K | $305.8K | +2.6% |
| Baker County | $299.5K | $285K | -4.8% |
Housing Supply in Nassau County, FL
How many homes are available in Nassau County, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 753 | 758 | +0.7% |
Summary: The Nassau County real estate market had 758 homes for sale in May 2024, a 0.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 69 | 66 | -4.3% |
| 3 Bedrooms | 313 | 314 | 0.3% |
| 4 Bedrooms | 303 | 306 | +1.0% |
| 5+ Bedrooms | 63 | 68 | +7.9% |
Summary: The Nassau County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 129 | 123 | -4.7% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
52 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nassau County, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 123 homes were sold or pending in Nassau County in May 2024, down by 4.7% month-over-month. Of the 123 sold homes, 48% were sold under asking, 42% were sold at asking, and 10% were sold over asking.
Days on Market for Nassau County, FL
How long does it take to sell a home in Nassau County, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 62 Days | 57 Days | -7.7% |
Summary: Homes in Nassau County had an average of 57 days on market in May 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nassau County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 123 homes were sold in Nassau County; 54% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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