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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duval County is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Duval County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Duval County, FL

How much do homes in Duval County, FL cost?

Median Sold Price

$314,431

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$12,295(+4.1%)

Key Takeaway

Homes in Duval County have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Duval County was $314,431 in June 2024, up 4.1% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $170.5K$176K
+3.2%
2 $225K$225.5K
0.2%
3 $290.1K$298.7K
+2.9%
4 $386.1K$384.9K
-0.3%
5+ $537K$575.2K
+7.1%

Summary: Duval County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Counties

Nassau County
+6.6%
Duval County
+4.1%
Clay County
+1.8%
Saint Johns County
+1.5%
Baker County
-3.1%

Housing Supply in Duval County, FL

How many homes are available in Duval County, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
5,9936,134+2.4%

Summary: The Duval County real estate market had 6,134 homes for sale in June 2024, a 2.4% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 95116
+22.1%
2 852898
+5.4%
3 2,9442,984
+1.4%
4 1,7091,720
+0.6%
5+ 393416
+5.9%

Summary: The Duval County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.1%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1,2471,027-17.6%

Asking Price vs. Sold Price

582 Homes Were Sold
Under Asking

286 Homes Were Sold
At Asking

159 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duval County, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.

Summary: A total of 1,027 homes were sold or pending in Duval County in June 2024, down by 17.6% month-over-month. Of the 1,027 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% were sold over asking.

Days on Market for Duval County, FL

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

Average Sale Time

Jun 2023Jun 2024CHANGE
52 Days46 Days-10.9%

Summary: Homes in Duval County had an average of 46 days on market in Jun 2024, down by 10.9% compared to last year.

Breakdown of Home Sale Times

557 Homes Were Sold
Under 30 Days

311 Homes Were Sold
In 30 - 90 Days

159 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Duval County are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 1027 homes were sold in Duval County; 54% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% 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 26 Days Ago

Newest Listings in Duval County, FL

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