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 buyer's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Duval County, FL

How much do homes in Duval County, FL cost?

Median Sold Price

$306,033

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$981(+0.3%)

Key Takeaway

The sold price of homes in Duval County has remained the same since last year.

Summary: The median home sold price in Duval County was $306,033 in January 2024, up 0.3% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $168.5K$175K
+3.8%
2 $215.8K$225.5K
+4.5%
3 $290.5K$294.9K
+1.5%
4 $394.6K$377.4K
-4.4%
5+ $534.7K$542K
+1.4%

Summary: Duval County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Counties

Duval County
0.3%
Saint Johns County
0.1%
Nassau County
-0.3%
Clay County
-1.0%
Baker County
-8.8%

Housing Supply in Duval County, FL

How many homes are available in Duval County, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
4,1634,559+9.5%

Summary: The Duval County real estate market had 4,559 homes for sale in January 2024, a 9.5% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 6378
+23.8%
2 619698
+12.8%
3 2,0272,251
+11.1%
4 1,1691,247
+6.7%
5+ 285285
0.0%

Summary: The Duval County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
847647-23.6%

Asking Price vs. Sold Price

399 Homes Were Sold
Under Asking

157 Homes Were Sold
At Asking

91 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. 61.7% of homes here sold below asking price last month.

Summary: A total of 647 homes were sold or pending in Duval County in January 2024, down by 23.6% month-over-month. Of the 647 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% 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

Jan 2023Jan 2024CHANGE
60 Days62 Days+3.5%

Summary: Homes in Duval County had an average of 62 days on market in Jan 2024, up by 3.5% compared to last year.

Breakdown of Home Sale Times

267 Homes Were Sold
Under 30 Days

229 Homes Were Sold
In 30 - 90 Days

151 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 January 2024, 647 homes were sold in Duval County; 41% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 23% 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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