JACKSONVILLE, Fla., February 11 – Northeast Florida’s housing market entered the new year with signs of transition as inventory growth, easing price pressures, and improving affordability began reshaping conditions for buyers and sellers. While sales activity slowed after the busy holiday season, the increase in available homes and slightly longer selling timelines point to a market that is gradually balancing, offering buyers more choice while still maintaining steady overall demand across the region.
“Northeast Florida is moving toward a healthier balance. Increased inventory and improved affordability are giving buyers renewed confidence, while sellers continue to benefit from consistent demand. This reflects a maturing market that supports long term stability across our region.”, says NEFAR President, Kim Knapp
In January, the median sales price for single-family homes in Northeast Florida’s six-county region fell 5.1% to $369,990. The Home Affordability Index* in the region rose to 92. In January, closed sales for single-family homes totaled 1,115 transactions, a 38.8% decrease from the previous month. Meanwhile, pending sales were at 1,163. There were 2,457 new listings in the month of January, a 68.5% increase from December. There was an active inventory of 6,598 properties, an increase of 4.4%. The median number of days on the market was 51.
“In January, we saw median prices adjust modestly while inventory continued to grow, giving buyers more breathing room and improving affordability across our six county region. A 5 percent price shift, combined with a rising Home Affordability Index, signals a market that is recalibrating rather than retreating. While closed sales slowed after December’s activity, pending sales and new listings show that demand remains present. With more than 6,500 homes available and median days on market at 51, we are seeing a healthier pace that benefits both buyers and sellers.”, said Knapp
Northeast Florida by County
In Duval County, January showed the median price of single family homes was $313,950, a 6.3% decrease from December. Homes in Duval County spent a median of 46 days on the market, a 9.5% increase from the month prior. There were 584 closed sales, which was a decrease of 36.2%, and 565 pending sales. New listings rose 62.9% to 1,303, and there was an active inventory of 3,321 homes—a 5.7 -month supply. The Home Affordability Index rose by 7.9% to 109.
In Clay County, in January 2026, the median price for single-family homes rose by 3.4% to $368,000. Homes spent a median of 50 days on the market. There were 181 closed sales, a 27.9% decrease from December ,and pending sales were at 189, an 8% increase. New listings rose 49.1 % to 319, and active inventory was at 921 homes, representing a 5.1 month supply. The Home Affordability Index was at 93.
In St. Johns County, the January 2026 median price for single-family homes decreased by 0.6% to
$546,500. Homes spent a median of 64 days on the market, a 13.4% jump from the previous month. Closed sales were at 268, with pending sales at 288. There were 577 new listings, 96.9% more than December. Active inventory was at 1,618 homes, representing a 6-month supply. The Home Affordability Index was 62.5, as St. Johns County remains the most expensive county in the region.
In Putnam County, the January median price of single-family homes dropped by 15.2% to $228,900. The median days on the market fell 44.7% to 39 days, reflecting shorter sales cycles. Closed sales decreased by 36.1% % to 23, while pending sales were at 26. There were 66 new listings, a 65% increase from December. The active inventory was 216 homes, indicating a 9.3 -month supply, and the Home Affordability Index was 149, as Putnam remains the most affordable county in the region.
In Nassau County, in January, the median price of single-family homes was $435,000, a 4.4% decrease from December 2025. The median days on the market was 56, a 3.7% increase from the month prior. Closed sales were down 55.5% to 49, while pending sales were up 13.5% to 84, and there were 174 new listings, a 91.2% increase from December. Active inventory rose by 4.2% to 463 homes, a 9.4-month supply. The Home Affordability Index rose to 79, showing an increase in relative affordability.
In Baker County, January showed an increase in the median home price, climbing to $401,000. Homes spent a median of 65 days on the market, a 5.1% decrease. There were 10 closed sales, 11 pending sales, and 18 new listings. There was an active inventory of 61 homes, providing a 6.1-month supply. The Home Affordability Index fell to 85.5.
* The Home Affordability Index measures housing affordability for the region. In other words, it measures whether a typical family earns enough to qualify for a mortgage on a typical home, based on current interest rates, median income, and median home prices. A higher number means greater affordability. This index measures affordability factors for all homebuyers making a 20% downpayment. An index of 100 is defined as the point where a median-income family has the exact amount of income needed to purchase a median-priced existing home. An index value over 100 means that the family has more than enough income, while a value below 100 means that a family doesn’t have enough income to qualify for a mortgage loan. The Northeast Florida Association of Realtors (NEFAR,) serves as the voice of real estate in Northeast Florida. As the region’s largest professional association, it represents more than 13,000 members who work in all facets of the real estate industry including residential and commercial sales and property management. It serves the public through support of community affairs programs and seeks to protect private property rights. The Northeast Florida Multiple Listing Service (DBA realMLS) is a wholly owned subsidiary of NEFAR. NEFAR is headquartered in Jacksonville, with satellite Service Centers in Orange Park, Jacksonville Beach, and Palatka.
