Is Fleming Island, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fleming Island is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Fleming Island has remained a Seller's Market.

Key Takeaway

Fleming Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fleming Island, FL

How much do homes in Fleming Island, FL cost?

Median Sold Price

$450,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+3.4%)

Key Takeaway

Homes in Fleming Island have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Fleming Island was $450,000 in October 2024, up 3.4% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245K$249.4K
+1.8%
3 $360K$367K
+1.9%
4 $472K$513.5K
+8.8%
5+ $615.4K$670K
+8.9%

Summary: Fleming Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Fleming Island
+3.4%
Orange Park
+0.6%
Saint Johns
-3.3%
Middleburg
-4.3%
Fruit Cove
-4.5%

Housing Supply in Fleming Island, FL

How many homes are available in Fleming Island, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
145155+6.9%

Summary: The Fleming Island real estate market had 155 homes for sale in October 2024, a 6.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 4446
+4.5%
4 6370
+11.1%
5+ 3434
0.0%

Summary: The Fleming Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2629+11.5%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fleming Island, you may be able to get a good deal. 82.8% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Fleming Island in October 2024, up by 11.5% month-over-month. Of the 29 sold homes, 83% were sold under asking, 10% were sold at asking, and 7% were sold over asking.

Days on Market for Fleming Island, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days46 Days-4.9%

Summary: Homes in Fleming Island had an average of 46 days on market in Oct 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fleming Island has remained consistent over time.

Summary: During October 2024, 29 homes were sold in Fleming Island; 41% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in Fleming Island, FL

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