Is Fleming Island, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fleming Island is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Fleming Island has remained a Seller's Market.

Key Takeaway

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

How much do homes in Fleming Island, FL cost?

Median Sold Price

$440,750

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$71,031(+19.2%)

Key Takeaway

Homes in Fleming Island have sold for 19.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $130K-
N/A
2 $187.5K$250K
+33.3%
3 $301.6K$358K
+18.7%
4 $396K$475K
+19.9%
5+ $479K$610K
+27.3%

Median Sold Price Compared To Nearby Cities

Fruit Cove
+26.3%
Saint Johns
+25.3%
Middleburg
+22.5%
Fleming Island
+19.2%
Orange Park
+17.2%

How many homes are available in Fleming Island, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
151147-2.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 75
-28.6%
3 5751
-10.5%
4 5761
+7.0%
5+ 3030
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
2926-10.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fleming Island, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
26 Days50 Days+90.0%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fleming Island has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fleming Island, FL

There are 147 homes are for sale in Fleming Island, FL real estate market. The inventory of homes for sale in Fleming Island, FL between October 2022 and November 2022 decreased by 2.6%. The median list price of listings available in November 2022 was $440,750, while the average time on the real estate market was 50 days. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 33.3%, the cost of 3 bedrooms properties went up by 18.7%, prices of 4 bedrooms properties increased by 19.9%, 5 bedrooms properties became 27.3% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 28.6%, the quantity of 3 bedrooms homes went down by 10.5%, the quantity of 4 bedrooms homes went up by 7%, 5 bedrooms homes did not move. Fleming Island, FL housing market in November 2022 saw over 5 listings sold above listed price, more than 5 sold at listed price and over 16 sold below.

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