JACKSONVILLE, Fla., October 8– Northeast Florida’s housing market continued to show signs of shifting conditions in September, with home prices edging higher across the six-county region while sales activity and new listings declined from the previous month. Homes generally took longer to sell, and inventory remained at a level that offered buyers more options and greater negotiating power. Affordability also softened overall, though market conditions varied by county, with some areas seeing price growth while others experienced modest declines.
“September’s market reflects a continued shift in how buyers and sellers approach real estate. Buyers have more choices and negotiating power, while sellers are learning that yesterday’s pricing strategies may not work in today’s market. Conditions vary significantly across our six-county region, making local market knowledge and the guidance of an experienced REALTOR® more valuable than ever.” says NEFAR President, Kim Knapp
In September 2026, the median price for single-family homes across the six-county region increased by 1.1% to $399,000. Homes spent a median of 36 days on the market. There were 1,581 closed sales, a 9.5% decrease from August, with 1,591 pending sales. There were 2,199 new listings. There was an active inventory of 6,287 homes, representing a 4-month supply. The Home Affordability Index decreased to 81.
“What stands out in September is that home prices remain relatively stable even as the pace of sales has slowed. With more than 6,200 homes available across Northeast Florida, buyers have choices and are taking the time to find the right fit. For sellers, the message is clear: buyers are comparing options, and homes that offer the right combination of price, condition and value are better positioned to attract attention” said Knapp
Northeast Florida by County
In Duval County, September showed the median price of single family homes was $345,000, an increase of 3.6% from August. Homes in Duval County spent a median of 29 days on the market, a 16% increase from the month prior. There were 830 closed sales, which was a decrease of 9.1%, and 861 pending sales. New listings dropped by 8.2% to 1,170, and there was an active inventory of 3,139 homes, representing a 3.8-month supply. The Home Affordability Index fell to 82.
In Clay County, in September 2026, the median price for single-family homes fell by 4.1% to $355,000. Homes spent a median of 48 days on the market. There were 219 closed sales, an 11.7% decrease from August, and pending sales were at 248. New listings decreased by 4.3% to 311, and active inventory was at 954 homes, representing a 4.4 month supply. The Home Affordability Index rose slightly to 89, making Clay the most affordable county in the region.
In St. Johns County, the September 2026 median price for single-family homes decreased by 0.5% to $568,750. Homes spent a median of 42 days on the market, rising by 6.3% from the previous month. There were 390 closed sales and 372 pending sales. There were 519 new listings. Active inventory was at 1,456 homes, representing a 3.7-month supply. The Home Affordability Index fell to 77.5.
In Putnam County, the September median price of single-family homes increased by 2.2% to $291,250. The median days on the market decreased by 4.7% to 31 days, reflecting longer sales cycles. There were 34 closed sales, and 30 pending sales. There were 49 new listings, a 5.8% decrease from August. The active inventory was 224 homes, indicating a 6.6-month supply, and the Home Affordability Index dropped to 74.5.
In Nassau County, in September, the median price of single-family homes was $496,500, a 9.3% increase from August. The median days on the market was 43, a 6.5% decrease from the month prior. Closed sales were down 19.3% to 96, while there were 68 pending sales, a 37% decrease from August, and there were 131 new listings. There was an active inventory of 434 homes, a 4.5-month supply. The Home Affordability Index was 68.5, making Nassau the least affordable county based on the income of its residents.
In Baker County, September brought a median home price of 378,450. Homes spent a median of 49 days on the market, a 3% decrease. There were 12 closed sales, 12 pending sales, and 19 new listings. There was an active inventory of 80 homes, providing a 6.7 -month supply. The Home Affordability Index was 80.5.
* The Home Affordability Index measures housing affordability for the region. In other words, it measures whether a typical family in the area 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.
