Is Nassau County, 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, Nassau County has remained a Seller's Market.
Key Takeaway
Nassau County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nassau County, FL
How much do homes in Nassau County, FL cost?
Median Sold Price
$423,914
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Nassau County have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Nassau County was $423,914 in March 2024, up 4.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $325K | +49.4% |
| 2 Bedrooms | $267.9K | $457K | +70.5% |
| 3 Bedrooms | $390.7K | $409K | +4.7% |
| 4 Bedrooms | $425K | $426.1K | 0.3% |
| 5+ Bedrooms | $459.9K | $516.5K | +12.3% |
Summary: Nassau County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.4%, 2 bedroom homes increased by 70.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Counties
| Camden County | $289.7K | $303.6K | +4.8% |
| Nassau County | $406.3K | $423.9K | +4.3% |
| Duval County | $306.3K | $309.9K | +1.2% |
| Baker County | $299.9K | $285K | -5.0% |
| Charlton County | $230K | $215K | -6.5% |
Housing Supply in Nassau County, FL
How many homes are available in Nassau County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 631 | 678 | +7.4% |
Summary: The Nassau County real estate market had 678 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 54 | 65 | +20.4% |
| 3 Bedrooms | 268 | 286 | +6.7% |
| 4 Bedrooms | 253 | 252 | -0.4% |
| 5+ Bedrooms | 55 | 71 | +29.1% |
Summary: The Nassau County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 29.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 118 | +29.7% |
Asking Price vs. Sold Price
71 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nassau County, you may be able to get a good deal. 60.2% of homes here sold below asking price last month.
Summary: A total of 118 homes were sold or pending in Nassau County in March 2024, up by 29.7% month-over-month. Of the 118 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.
Days on Market for Nassau County, FL
How long does it take to sell a home in Nassau County, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 104 Days | 57 Days | -45.4% |
Summary: Homes in Nassau County had an average of 57 days on market in Mar 2024, down by 45.4% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nassau County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 118 homes were sold in Nassau County; 46% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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