Is Fleming Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fleming Island has remained a Seller's Market.
Housing Prices in Fleming Island, FL
How much do homes in Fleming Island, FL cost?
Median Sold Price
$430,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fleming Island was $430,000 in March 2024, down 3.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $251.4K | +0.6% |
3 Bedrooms | $360K | $358.9K | -0.3% |
4 Bedrooms | $478K | $485K | +1.5% |
5+ Bedrooms | $626K | $642.7K | +2.7% |
Summary: Fleming Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
Orange Park | $320.4K | $335K | +4.5% |
Fruit Cove | $549.9K | $559K | +1.7% |
Saint Johns | $535.4K | $539.9K | +0.8% |
Middleburg | $352.7K | $351.1K | -0.5% |
Fleming Island | $444K | $430K | -3.2% |
Housing Supply in Fleming Island, FL
How many homes are available in Fleming Island, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 148 | +20.3% |
Summary: The Fleming Island real estate market had 148 homes for sale in March 2024, a 20.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 46 | 61 | +32.6% |
4 Bedrooms | 48 | 55 | +14.6% |
5+ Bedrooms | 26 | 28 | +7.7% |
Summary: The Fleming Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 32.6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Fleming Island in March 2024, up by 14.3% month-over-month. Of the 32 sold homes, 56% were sold under asking, 34% were sold at asking, and 9% were sold over asking.
Days on Market for Fleming Island, FL
How long does it take to sell a home in Fleming Island, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 45 Days | -35.4% |
Summary: Homes in Fleming Island had an average of 45 days on market in Mar 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in Fleming Island; 44% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.