Is Green Cove Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Green Cove Springs was a Seller's Market.
Key Takeaway
Green Cove Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Green Cove Springs, FL
How much do homes in Green Cove Springs, FL cost?
Median Sold Price
$360,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Green Cove Springs have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Green Cove Springs was $360,000 in April 2024, up 3.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | - | N/A |
| 2 Bedrooms | $160K | $247.5K | +54.7% |
| 3 Bedrooms | $309.1K | $318K | +2.9% |
| 4 Bedrooms | $355.2K | $370K | +4.2% |
| 5+ Bedrooms | $395.9K | $460K | +16.2% |
Summary: Green Cove Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Cities
| Green Cove Springs | $346.9K | $360K | +3.7% |
| Fruit Cove | $551.7K | $559.1K | +1.4% |
| Saint Johns | $539.1K | $539.8K | 0.1% |
Housing Supply in Green Cove Springs, FL
How many homes are available in Green Cove Springs, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 249 | 262 | +5.2% |
Summary: The Green Cove Springs real estate market had 262 homes for sale in April 2024, a 5.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 80 | 81 | +1.3% |
| 4 Bedrooms | 127 | 138 | +8.7% |
| 5+ Bedrooms | 33 | 35 | +6.1% |
Summary: The Green Cove Springs housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 30 | -46.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Green Cove Springs, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Green Cove Springs in April 2024, down by 46.4% month-over-month. Of the 30 sold homes, 63% were sold under asking, 33% were sold at asking, and 3% were sold over asking.
Days on Market for Green Cove Springs, FL
How long does it take to sell a home in Green Cove Springs, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 83 Days | 106 Days | +27.8% |
Summary: Homes in Green Cove Springs had an average of 106 days on market in Apr 2024, up by 27.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Green Cove Springs are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 30 homes were sold in Green Cove Springs; 30% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.