Is Duval, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duval is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Duval was a Neutral Market.

Key Takeaway

Duval is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Duval, FL

How much do homes in Duval, FL cost?

Median Sold Price

$274,950

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,700(+2.5%)

Key Takeaway

Homes in Duval have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Duval was $274,950 in November 2024, up 2.5% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $230K$225K
-2.2%
3 $275.5K$266.5K
-3.3%
4 $341.7K$338.5K
-1.0%
5+ $414.5K$364.9K
-12.0%

Summary: Duval housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Neighborhoods

Duval
+2.5%
Northside
0%

Housing Supply in Duval, FL

How many homes are available in Duval, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3334+3.0%

Summary: The Duval real estate market had 34 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1417
+21.4%
4 108
-20.0%
5+ 21
-50.0%

Summary: The Duval housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duval, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Duval in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Duval, FL

How long does it take to sell a home in Duval, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days114 Days+168.8%

Summary: Homes in Duval had an average of 114 days on market in Nov 2024, up by 168.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Duval are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Duval; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Duval, FL

Nearby Markets to Duval, FL