Is Saint Johns 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, Saint Johns County was a Seller's Market.
Key Takeaway
Saint Johns 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 Saint Johns County, FL
How much do homes in Saint Johns County, FL cost?
Median Sold Price
$505,125
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Johns County have sold for 1% more than they did a year ago.
Summary: The median home sold price in Saint Johns County was $505,125 in May 2024, up 1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229.9K | $250K | +8.7% |
| 2 Bedrooms | $344K | $357.8K | +4.0% |
| 3 Bedrooms | $431.9K | $423.6K | -1.9% |
| 4 Bedrooms | $580.8K | $581.7K | 0.2% |
| 5+ Bedrooms | $786.4K | $829.1K | +5.4% |
Summary: Saint Johns County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Counties
| Duval County | $303.6K | $313.8K | +3.3% |
| Clay County | $344.8K | $350K | +1.5% |
| Saint Johns County | $500K | $505.1K | +1.0% |
| Flagler County | $369.9K | $356.7K | -3.6% |
Housing Supply in Saint Johns County, FL
How many homes are available in Saint Johns County, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3,635 | 3,791 | +4.3% |
Summary: The Saint Johns County real estate market had 3,791 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 51 | 52 | +2.0% |
| 2 Bedrooms | 517 | 564 | +9.1% |
| 3 Bedrooms | 1,306 | 1,376 | +5.4% |
| 4 Bedrooms | 1,249 | 1,256 | +0.6% |
| 5+ Bedrooms | 512 | 543 | +6.1% |
Summary: The Saint Johns County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 604 | 604 | 0.0% |
Asking Price vs. Sold Price
424 Homes Were Sold
Under Asking
123 Homes Were Sold
At Asking
57 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Johns County, you may be able to get a good deal. 70.2% of homes here sold below asking price last month.
Summary: A total of 604 homes were sold or pending in Saint Johns County in May 2024, the same as the previous month. Of the 604 sold homes, 70% were sold under asking, 20% were sold at asking, and 9% were sold over asking.
Days on Market for Saint Johns County, FL
How long does it take to sell a home in Saint Johns County, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 66 Days | 62 Days | -5.7% |
Summary: Homes in Saint Johns County had an average of 62 days on market in May 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
281 Homes Were Sold
Under 30 Days
199 Homes Were Sold
In 30 - 90 Days
124 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Johns County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 604 homes were sold in Saint Johns County; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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