JACKSONVILLE, Fla., November 17 – Northeast Florida’s housing market remained resilient in October, offering favorable conditions for both buyers and sellers as inventory continued to rise and affordability improved across much of the region. Buyers are benefiting from some of the strongest incentives offered by new construction communities in years, while motivated sellers are leveraging today’s market to maximize returns or convert properties into profitable rentals. With median prices holding steady, active listings on the rise, and sales activity adjusting across counties, the region continues to show balanced opportunities amid evolving market dynamics.
“Our local market continues to deliver strong opportunities for both buyers and sellers. We are also seeing new construction communities offering some of the most attractive buyer incentives we’ve had in years.”, says NEFAR President, Mario Gonzalez
The median sales price for single-family homes in Northeast Florida’s six-county region fell 0.7% to $385,000. This caused the Home Affordability Index* to increase to 71.
In October, closed sales for single-family homes totaled 1,662 transactions. Meanwhile, pending sales were at 1,110, which was a decrease of 33%. There were 2,269 new listings in the month of October.
In October, there was an active inventory of 7,903 properties. This is an increase from the previous year, as the number of properties has grown by 1.2% since October 2024. This rise in inventory from 2024 is a positive change for buyers, as they have many options to choose from. The median number of days on the market was 47.
“Smart sellers are taking advantage of today’s market by either selling now to maximize their return or converting their homes into strong rental investments”, said Gonzalez
Northeast Florida by County
Duval County
October showed the median price of single family homes was $325,000, a 1.5% decrease from September. In October, homes in Duval County spent a median of 39 days on the market. There were 882 closed sales, and 572 pending sales. New listings rose 0.4% to 1,236, and there was an active inventory of 3,936 homes—a 4.5-month supply. The Home Affordability Index increased to 84.
Clay County
In October 2025, the median price for single-family homes stayed at $362,500. Homes spent a median of 48 days on the market. There were 231 closed sales, and pending sales were at 168, a 27.6% decrease from September. New listings fell 6.7% to 320, while active inventory was at 1,144 homes, representing a 5 month supply. The Home Affordability Index increased to 75.
St. Johns County
The October 2025 median price for single-family homes increased to $559,000. Homes spent a median of 64 days on the market, a 45.5% jump from the previous month. Closed sales were at 393, with pending sales dropping 33.3% to 254. There were 493 new listings, 2.1% more than September. Active inventory was at 1,995 homes, representing a 5.1-month supply. The Home Affordability Index stayed at 49, as St. Johns County remains the most expensive county in the region.
Putnam County
The October 2025 median price of single-family homes rose to $270,000. The median days on the market fell 17.2% to 51 days, reflecting shorter sales cycles. Closed sales increased by 15.8% to 44, while pending sales were at 34. There were 71 new listings, a 39.2% increase from September. The active inventory was 268 homes, indicating a 6.1-month supply, and the Home Affordability Index fell to 101, though Putnam remains the most affordable county in the region.
Nassau County
In October 2025, the median price of single-family homes was $450,000, a 5.1% decrease from September. The median days on the market was 63. Closed sales were down 9.2% to 99, while pending sales were at 77, and there were 135 new listings, a 15.6% decrease from September. Active inventory fell by 1.4% to 488 homes, a 4.9-month supply. The Home Affordability Index rose to 61, showing an increase in relative affordability.
Baker County
October showed an increase in the median home price, rising to $425,000. Homes spent a median of 51days on the market. There were 13 closed sales. There were 5 pending sales, and 14 new listings. Active inventory fell 4% to 72 homes, providing a 5.5-month supply. The Home Affordability Index saw a change of 25.6%, falling to 64.
* 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 meansgreater 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.
