Is Saint Johns, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Johns is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Saint Johns was a Seller's Market.

Key Takeaway

Saint Johns 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, FL

How much do homes in Saint Johns, FL cost?

Median Sold Price

$524,834

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$18,130(-3.3%)

Key Takeaway

Homes in Saint Johns have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Saint Johns was $524,834 in October 2024, down 3.3% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $425K-
N/A
2 $381.8K$359.5K
-5.8%
3 $434.7K$428.7K
-1.4%
4 $575K$567.6K
-1.3%
5+ $763.5K$759K
-0.6%

Summary: Saint Johns 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 decreased by 5.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Cities

Jacksonville East
+6.5%
Fleming Island
+3.4%
Green Cove Springs
0.4%
Saint Johns
-3.3%
Fruit Cove
-4.5%

Housing Supply in Saint Johns, FL

How many homes are available in Saint Johns, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
603588-2.5%

Summary: The Saint Johns real estate market had 588 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 6360
-4.8%
3 192196
+2.1%
4 253244
-3.6%
5+ 9588
-7.4%

Summary: The Saint Johns 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 decreased by 4.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 7.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11793-20.5%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Johns, you may be able to get a good deal. 71% of homes here sold below asking price last month.

Summary: A total of 93 homes were sold or pending in Saint Johns in October 2024, down by 20.5% month-over-month. Of the 93 sold homes, 71% were sold under asking, 22% were sold at asking, and 8% were sold over asking.

Days on Market for Saint Johns, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days90 Days+57.8%

Summary: Homes in Saint Johns had an average of 90 days on market in Oct 2024, up by 57.8% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

35 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 93 homes were sold in Saint Johns; 32% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 38% 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 20 Days Ago

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