Is Green Cove Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Cove Springs is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Green Cove Springs was a Seller's Market.

Key Takeaway

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

Housing Prices in Green Cove Springs, FL

How much do homes in Green Cove Springs, FL cost?

Median Sold Price

$351,469

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,567(+0.4%)

Key Takeaway

The sold price of homes in Green Cove Springs has remained the same since last year.

Summary: The median home sold price in Green Cove Springs was $351,469 in October 2024, up 0.4% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199K-
N/A
2 $222K$262.5K
+18.2%
3 $309.8K$318.9K
+2.9%
4 $359.7K$360.3K
0.2%
5+ $409.9K$410K
0.0%

Summary: Green Cove Springs 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 18.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Green Cove Springs
0.4%
Saint Johns
-3.3%
Fruit Cove
-4.5%

Housing Supply in Green Cove Springs, FL

How many homes are available in Green Cove Springs, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
314309-1.6%

Summary: The Green Cove Springs real estate market had 309 homes for sale in October 2024, a 1.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 112114
+1.8%
4 153150
-2.0%
5+ 4136
-12.2%

Summary: The Green Cove Springs 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 12.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 12.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5834-41.4%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Cove Springs, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Green Cove Springs in October 2024, down by 41.4% month-over-month. Of the 34 sold homes, 62% were sold under asking, 24% were sold at asking, and 15% 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

Oct 2023Oct 2024CHANGE
68 Days78 Days+13.7%

Summary: Homes in Green Cove Springs had an average of 78 days on market in Oct 2024, up by 13.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Green Cove Springs are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 34 homes were sold in Green Cove Springs; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 41% 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 Green Cove Springs, FL

Nearby Markets to Green Cove Springs, FL

What housing markets are near Green Cove Springs, FL?