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,” said Northeast Florida Association of Realtors (NEFAR) President Mario Gonzalez. “We are also seeing new construction communities offering some of the most attractive buyer incentives we’ve had in years.”
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.
In 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.
In 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.
The Home Affordability Index measures housing affordability for the region. 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.
Source: Northeast Florida Association of Realtors
