Is Saint Johns, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Johns is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Saint Johns has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Saint Johns, FL

How much do homes in Saint Johns, FL cost?

Median Sold Price

$524,668

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$17,693(-3.3%)

Key Takeaway

Homes in Saint Johns have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Saint Johns was $524,668 in September 2024, down 3.3% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $425K-
N/A
2 $378.6K$369.5K
-2.4%
3 $435.7K$429.9K
-1.3%
4 $575.1K$565K
-1.8%
5+ $767.9K$772K
0.5%

Summary: Saint Johns housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Fleming Island
+6.4%
Jacksonville East
+6.3%
Green Cove Springs
+1.0%
Saint Johns
-3.3%
Fruit Cove
-4.1%

Housing Supply in Saint Johns, FL

How many homes are available in Saint Johns, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
687611-11.1%

Summary: The Saint Johns real estate market had 611 homes for sale in September 2024, a 11.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 7364
-12.3%
3 216197
-8.8%
4 272248
-8.8%
5+ 126102
-19.0%

Summary: The Saint Johns housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 19%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
164102-37.8%

Asking Price vs. Sold Price

70 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Johns, you may be able to get a good deal. 68.6% of homes here sold below asking price last month.

Summary: A total of 102 homes were sold or pending in Saint Johns in September 2024, down by 37.8% month-over-month. Of the 102 sold homes, 69% were sold under asking, 25% were sold at asking, and 7% were sold over asking.

Days on Market for Saint Johns, FL

How long does it take to sell a home in Saint Johns, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
46 Days59 Days+29.5%

Summary: Homes in Saint Johns had an average of 59 days on market in Sep 2024, up by 29.5% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 102 homes were sold in Saint Johns; 43% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

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