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 neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Saint Johns was a Seller's Market.

Key Takeaway

Saint Johns 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 Saint Johns, FL

How much do homes in Saint Johns, FL cost?

Median Sold Price

$539,933

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,521(+0.8%)

Key Takeaway

Homes in Saint Johns have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Saint Johns was $539,933 in March 2024, up 0.8% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$425K
N/A
2 $361.9K$382.1K
+5.6%
3 $446.9K$437.4K
-2.1%
4 $575K$574.9K
0%
5+ $750K$787.3K
+5.0%

Summary: Saint Johns 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 increased by 5.6%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Cities

Fruit Cove
+1.7%
Jacksonville East
+1.4%
Saint Johns
+0.8%
Green Cove Springs
+0.7%
Fleming Island
-3.2%

Housing Supply in Saint Johns, FL

How many homes are available in Saint Johns, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
546619+13.4%

Summary: The Saint Johns real estate market had 619 homes for sale in March 2024, a 13.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 4852
+8.3%
3 187207
+10.7%
4 205229
+11.7%
5+ 106131
+23.6%

Summary: The Saint Johns 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 increased by 8.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 23.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
9899+1.0%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

14 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. 62.6% of homes here sold below asking price last month.

Summary: A total of 99 homes were sold or pending in Saint Johns in March 2024, up by 1.0% month-over-month. Of the 99 sold homes, 63% were sold under asking, 23% were sold at asking, and 14% 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

Mar 2023Mar 2024CHANGE
82 Days69 Days-16.0%

Summary: Homes in Saint Johns had an average of 69 days on market in Mar 2024, down by 16% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

30 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 March 2024, 99 homes were sold in Saint Johns; 54% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 30% 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 18 Days Ago

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