Is Neptune Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Neptune Beach was a Seller's Market.
Housing Prices in Neptune Beach, FL
How much do homes in Neptune Beach, FL cost?
Median Sold Price
$645,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Neptune Beach was $645,000 in March 2024, down 19.2% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $359.9K | N/A |
2 Bedrooms | $455K | $417.5K | -8.2% |
3 Bedrooms | $750K | $617.5K | -17.7% |
4 Bedrooms | $890K | $1.0M | +12.4% |
5+ Bedrooms | $1.2M | $1.2M | -1.0% |
Summary: Neptune Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
Atlantic Beach | $599.9K | $700K | +16.7% |
Jacksonville Beaches | $607.8K | $598.9K | -1.5% |
Jacksonville Beach | $650K | $634.3K | -2.4% |
Neptune Beach | $798K | $645K | -19.2% |
Housing Supply in Neptune Beach, FL
How many homes are available in Neptune Beach, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 29 | +16.0% |
Summary: The Neptune Beach real estate market had 29 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Neptune Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Neptune Beach in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 52 Days | +10.9% |
Summary: Homes in Neptune Beach had an average of 52 days on market in Mar 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Neptune Beach; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.