Is Neptune Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Neptune Beach was a Seller's Market.
Key Takeaway
Neptune Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Neptune Beach, FL
How much do homes in Neptune Beach, FL cost?
Median Sold Price
$705,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Neptune Beach have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Neptune Beach was $705,000 in June 2024, down 4.5% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $359.9K | N/A |
| 2 Bedrooms | $435.6K | $417.5K | -4.2% |
| 3 Bedrooms | $625K | $687.5K | +10.0% |
| 4 Bedrooms | $875K | $1.1M | +27.5% |
| 5+ Bedrooms | $1.2M | $1.0M | -14.6% |
Summary: Neptune Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes decreased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Jacksonville Beach | $630.6K | $650K | +3.1% |
| Jacksonville Beaches | $599.9K | $610K | +1.7% |
| Atlantic Beach | $700K | $670K | -4.3% |
| Neptune Beach | $738K | $705K | -4.5% |
Housing Supply in Neptune Beach, FL
How many homes are available in Neptune Beach, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -12.5% |
Summary: The Neptune Beach real estate market had 42 homes for sale in June 2024, a 12.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Neptune Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Neptune Beach, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Neptune Beach in June 2024, down by 41.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Neptune Beach, FL
How long does it take to sell a home in Neptune Beach, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 61 Days | 11 Days | -80.6% |
Summary: Homes in Neptune Beach had an average of 11 days on market in Jun 2024, down by 80.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Neptune Beach are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 7 homes were sold in Neptune Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
