JACKSONVILLE, Fla., August 11– The Northeast Florida housing market continued to evolve in July as conditions remained favorable for buyers while sellers adjusted to a more balanced environment. With a healthy selection of available homes and properties spending more time on the market than in recent years, buyers had greater flexibility and more opportunities to explore their options. While market activity moderated from the previous month, steady inventory levels continued to support a competitive yet less frenzied market across the region.
“July’s market reflects a healthier balance for both buyers and sellers. Buyers have more choices, more time to make decisions, and greater flexibility than we’ve seen in recent years, while sellers who price and prepare their homes well continue to attract strong interest and sell faster. This is the kind of balanced market that supports long term stability across Northeast Florida.” says NEFAR President, Kim Knapp
In July 2026, the median price for single-family homes across the six-county region decreased by 3.2% to $405,000. Homes spent a median of 30 days on the market. There were 1,841 closed sales, a 15.8% decrease from June, with pending sales decreasing by 31.8% at 1,263. There were 2,435 new listings. Active inventory was at 7,165 homes, representing a 3.9-month supply. The Home Affordability Index increased to 81.
“This data shows a market that is settling into a more sustainable rhythm. Inventory remains healthy, affordability has improved, and buyers have more opportunities than we’ve seen in several years. Sellers who price their homes competitively and present them well are continuing to find success in this balanced market..” said Knapp
Northeast Florida by County
In Duval County, July showed the median price of single family homes was $335,000, a 4% decrease from June. Homes in Duval County spent a median of 28 days on the market, a 16.7% increase from the month prior. There were 909 closed sales, which was a decrease of 12.7%, and 624 pending sales. New listings dropped by 6.6% to 1,309, and there was an active inventory of 3,561 homes, representing a 3.9-month supply. Notably, the Home Affordability Index rose to 98.
In Clay County, in July 2026, the median price for single-family homes fell by 1.4% to $360,000. Homes spent a median of 29 days on the market. There were 259 closed sales, a 20.8% decrease from June, and pending sales were at 185. New listings decreased by 2.7% to 366, and active inventory was at 1,094 homes, representing a 4.2 month supply. The Home Affordability Index rose slightly to 91.
In St. Johns County, the July 2026 median price for single-family homes increased by 1.8% to $589,030. Homes spent a median of 33 days on the market, falling by 4.4% from the previous month. Closed sales were at 524, a 16.6% decrease from June, with pending sales at 304. There were 525 new listings. Active inventory was at 1,706 homes, representing a 3.3-month supply. The Home Affordability Index fell slightly to 56, as St. Johns County remains the most expensive county in the region.
In Putnam County, the July median price of single-family homes increased by 5.3% to $313,995. The median days on the market increased by 77.4% to 75 days, reflecting longer sales cycles. There were 48 closed sales, and 27 pending sales. There were 67 new listings, a 16.3% decrease from June. The active inventory was 262 homes, indicating a 5.5-month supply, and the Home Affordability Index decreased by 5.4% to 105, though Putnam is the most affordable county in the region.
In Nassau County, in July, the median price of single-family homes was $451,540, an 11.5% decrease from June. The median days on the market was 56, a 14.3% increase from the month prior. Closed sales were down 26.5% to 86, while pending sales were up by 22.5% to 109, and there were 144 new listings, a 2.1% increase from June. Active inventory was 460 homes, a 5.3-month supply. The Home Affordability Index climbed to 73, showing a 12.3% increase in relative affordability.
In Baker County, July brought a 2.9% increase in the median home price, rising to $350,000. Homes spent a median of 38 days on the market, a 20.3% decrease. There were 15 closed sales, 14 pending sales, and 24 new listings. There was an active inventory of 82 homes, providing a 5.5 -month supply. The Home Affordability Index fell by 7.2% to 90.
* 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.
