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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Johns County is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Saint Johns County, FL

How much do homes in Saint Johns County, FL cost?

Median Sold Price

$513,867

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,269(+2.9%)

Key Takeaway

Homes in Saint Johns County have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Saint Johns County was $513,867 in October 2024, up 2.9% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $246.7K$242.7K
-1.6%
2 $339.2K$366K
+7.9%
3 $422.2K$424.9K
+0.7%
4 $580.8K$585.2K
+0.8%
5+ $800.5K$807.4K
+0.9%

Summary: Saint Johns County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Counties

Duval County
+4.1%
Saint Johns County
+2.9%
Clay County
0.1%
Flagler County
-0.6%

Housing Supply in Saint Johns County, FL

How many homes are available in Saint Johns County, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3,1043,131+0.9%

Summary: The Saint Johns County real estate market had 3,131 homes for sale in October 2024, a 0.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4446
+4.5%
2 490512
+4.5%
3 1,1191,149
+2.7%
4 1,0531,036
-1.6%
5+ 398388
-2.5%

Summary: The Saint Johns County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 2.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
463397-14.3%

Asking Price vs. Sold Price

283 Homes Were Sold
Under Asking

81 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Johns County, you may be able to get a good deal. 71.3% of homes here sold below asking price last month.

Summary: A total of 397 homes were sold or pending in Saint Johns County in October 2024, down by 14.3% month-over-month. Of the 397 sold homes, 71% were sold under asking, 20% were sold at asking, and 8% 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

Oct 2023Oct 2024CHANGE
60 Days83 Days+39.0%

Summary: Homes in Saint Johns County had an average of 83 days on market in Oct 2024, up by 39% compared to last year.

Breakdown of Home Sale Times

138 Homes Were Sold
Under 30 Days

120 Homes Were Sold
In 30 - 90 Days

139 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 397 homes were sold in Saint Johns County; 35% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 35% 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 Saint Johns County, FL

Nearby Markets to Saint Johns County, FL

What housing markets are near Saint Johns County, FL?