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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Johns County is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Saint Johns County 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 County, FL

How much do homes in Saint Johns County, FL cost?

Median Sold Price

$501,131

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$273(+0.1%)

Key Takeaway

The sold price of homes in Saint Johns County has remained the same since last year.

Summary: The median home sold price in Saint Johns County was $501,131 in February 2024, up 0.1% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $230K$255K
+10.9%
2 $346.7K$355.6K
+2.6%
3 $436.4K$420.8K
-3.6%
4 $583.9K$585.8K
0.3%
5+ $784.7K$804.2K
+2.5%

Summary: Saint Johns County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Counties

Duval County
+0.8%
Saint Johns County
0.1%
Clay County
-0.7%
Flagler County
-2.9%

Housing Supply in Saint Johns County, FL

How many homes are available in Saint Johns County, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2,6132,986+14.3%

Summary: The Saint Johns County real estate market had 2,986 homes for sale in February 2024, a 14.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 3739
+5.4%
2 371438
+18.1%
3 1,0071,172
+16.4%
4 890980
+10.1%
5+ 308357
+15.9%

Summary: The Saint Johns County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 15.9%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
337450+33.5%

Asking Price vs. Sold Price

315 Homes Were Sold
Under Asking

99 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Johns County, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 450 homes were sold or pending in Saint Johns County in February 2024, up by 33.5% month-over-month. Of the 450 sold homes, 70% were sold under asking, 22% were sold at asking, and 8% were sold over asking.

Days on Market for Saint Johns County, FL

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

Average Sale Time

Feb 2023Feb 2024CHANGE
81 Days80 Days-1.4%

Summary: Homes in Saint Johns County had an average of 80 days on market in Feb 2024, down by 1.4% compared to last year.

Breakdown of Home Sale Times

158 Homes Were Sold
Under 30 Days

142 Homes Were Sold
In 30 - 90 Days

150 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 450 homes were sold in Saint Johns County; 35% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

Newest Listings in Saint Johns County, FL

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