Is Fruit Cove, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fruit Cove is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Fruit Cove has remained a Seller's Market.

Key Takeaway

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

How much do homes in Fruit Cove, FL cost?

Median Sold Price

$489,007

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$99,402(+25.5%)

Key Takeaway

Homes in Fruit Cove have sold for 25.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $542.5K$255K
-53.0%
2 $189K$257K
+36.0%
3 $307.1K$390.8K
+27.2%
4 $400.1K$505.4K
+26.3%
5+ $519K$698K
+34.5%

Median Sold Price Compared To Nearby Cities

Green Cove Springs
+31.8%
Fruit Cove
+25.5%
Saint Johns
+25.2%
Fleming Island
+21.7%
Jacksonville East
+20.4%

How many homes are available in Fruit Cove, FL?

Number of Homes For Sale

May 2022Jun 2022%
340357+5.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 814
+75.0%
3 8475
-10.7%
4 152170
+11.8%
5+ 9698
+2.1%

Number of Homes Sold

May 2022Jun 2022%
11199-10.8%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

56 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fruit Cove, you could pay more than the asking price. 56.6% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
20 Days21 Days+2.0%

Breakdown of Home Sale Times

77 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Fruit Cove, FL

Number of homes for sale in Fruit Cove, FL real estate market have reached 357. The number of listings in Fruit Cove, FL increased by 5% between May 2022 and June 2022. The median list price of listings available in June 2022 was $489,007, while the average time on the real estate market was 21 days. Listing prices have changed in this real estate market between May 2022 and June 2022: 1 bedroom properties became 53% more cheaper, 2 bedrooms properties prices increased by 36%, the cost of 3 bedrooms properties went up by 27.2%, prices of 4 bedrooms properties went up by 26.3%, prices of 5 bedrooms properties increased by 34.5%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 75%, number of 3 bedrooms homes decreased by 10.7%, 4 bedrooms homes became 11.8% more available, the quantity of 5 bedrooms homes went up by 2.1%. Over 56 listings were sold over their listed price in June 2022 in Fruit Cove, FL. In the same period over 17 listings were sold below the listed price and 26 listings were sold for the listed price.

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