For Immediate Release
JACKSONVILLE, Fla., November 12– The Northeast Florida housing market remained relatively steady in October, with home prices holding firm and market activity continuing at a measured pace. While buyers had a healthy selection of homes to consider, properties generally took longer to sell, and affordability remained a challenge for many households across the region.
“October’s market reminds us that stability doesn’t always mean everything is moving quickly. Prices are holding firm, buyers have options, and sellers are navigating a more competitive environment. Affordability continues to influence decisions, and conditions can vary significantly by neighborhood and price point. That’s why understanding your local market and working with a knowledgeable REALTOR® can make such a difference,” said NEFAR President, Kim Knapp.
In October 2026, the median price for single-family homes across the six-county region increased by 0.4% to $399,056. Homes once again spent a median of 36 days on the market. There were 1,477 closed sales, an 11% decrease from September, with 1,501 pending sales. There were 2,208 new listings. There was an active inventory of 6,531 homes, representing a 4.4-month supply. The Home Affordability Index decreased to 78.
“Inventory has grown to a 4.4-month supply, giving buyers more choices and greater negotiating opportunities. However, with affordability continuing to decline, buyers are being more deliberate about their purchases. Sellers who recognize that shift and price their homes accordingly are better positioned to succeed,” said Knapp.
Northeast Florida by County
In Duval County, October showed the median price of single family homes was $337,000, a decrease of 1.7% from September. Homes in Duval County spent a median of 31 days on the market, a 6.9% increase from the month prior. There were 749 closed sales, which was a decrease of 14.3%, and 786 pending sales. New listings rose by 2.6% to 1,212, and there was an active inventory of 3,325 homes, representing a 4.4-month supply. The Home Affordability Index fell to 81.
In Clay County, in October 2026, the median price for single-family homes increased by 1.9% to $364,350. Homes spent a median of 36 days on the market, and there were 219 closed sales. Pending sales were at 207. New listings decreased by 3.5% to 301, and active inventory was at 994 homes, representing a 4.5 month supply. The Home Affordability Index fell to 84, though Clay is still the most affordable county in the region.
In St. Johns County, the October 2026 median price for single-family homes decreased by 2.7% to $564,449. Homes spent a median of 49 days on the market, rising by 19.8% from the previous month. There were 391 closed sales and 365 pending sales. There were 484 new listings. Active inventory was at 1,470 homes, representing a 3.8-month supply. The Home Affordability Index fell to 75.
In Putnam County, the October median price of single-family homes decreased by 7.1% to $276,450. The median days on the market increased by 180% to 84 days, reflecting longer sales cycles. There were 32 closed sales, and 34 pending sales. There were 62 new listings, a 24% increase from September. The active inventory was 238 homes, indicating a 7.4-month supply, and the Home Affordability Index rose slightly to 75.
In Nassau County, in October, the median price of single-family homes was $477,500, a 4.3% decrease from September. The median days on the market was 39, a 9.4% decrease from the month prior. Closed sales were down 25.8% to 72, while there were 90 pending sales, a 38.5% increase from September, and there were 128 new listings. There was an active inventory of 433 homes, a 6-month supply. The Home Affordability Index was still 68.5, as Nassau remains the least affordable county based on the income of its residents.
In Baker County, October brought a median home price of $458,000, an increase of 21%. Homes spent a median of 62 days on the market, a 27.8% increase. There were 14 closed sales, 19 pending sales, and 21 new listings. There was an active inventory of 71 homes, providing a 5.1-month supply. The Home Affordability Index was 64.5.
* 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.REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of NAR and who subscribe to its strict Code of Ethics.
IMPORTANT: Commercial use by 3rd party companies/vendors is not permitted. Commercial use by members of the public (non-NEFAR members) is not permitted. NEFAR member use is limited to supporting their clients /customers in the normal course of their brokerage business. Whether used for written, digital, broadcast, spoken, social media or other, all uses of NEFAR data must be accompanied by the following attribution – Source: Northeast Florida Association of REALTORS.
