Northeast Florida continues to stand out as a resilient and opportunity-rich real estate market. The region is seeing improving affordability, steady pricing and healthy inventory across the region. Together, these factors signal a market that is well-positioned to support both current homeowners and prospective buyers, reinforcing Northeast Florida’s reputation as a desirable place to live, work and invest going into the new year.
“It is an exciting time to be in the Northeast Florida real estate market,” said NEFAR President, Mario Gonzalez. “NAR just published an article naming Jacksonville, Florida, as one of the Top 10 places in the United States to buy a home in 2026.”
The median sales price for single-family homes in Northeast Florida’s six-county region fell 2.1% to $375,000. This caused the Home Affordability Index to increase to 73.
In November, closed sales for single-family homes totaled 1,374 transactions. Meanwhile, pending sales were at 1,081, which was a decrease of 29.6%. There were 1,790 new listings in the month of November.
There was an active inventory of 7,286 properties. The median number of days on the market was 45.
“The median home sale price in 2025 is almost exactly what it was from 2022 to 2024,” said Gonzalez. “This shows incredible stability in the NE Florida market.”
In St. Johns County, the November 2025 median price for single-family homes decreased by 9.5% to $508,993. Homes spent a median of 59 days on the market, a 10% drop from the previous month. Closed sales were at 354, with pending sales at 265.
There were 427 new listings, 15.3% less than October. Active inventory was at 1,828 homes, representing a 5.2-month supply. The Home Affordability Index increased to 53.5, though St. Johns County remains the most expensive county in the region.
In Duval County, November showed the median price of single family homes was $330,000, a 1.5% increase from October. In November, homes in Duval County spent a median of 36 days on the market. There were 709 closed sales, and 519 pending sales.
New listings fell 25.7% to 932, and there was an active inventory of 3,647 homes, a 5.1-month supply. The Home Affordability Index decreased to 83.
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 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.
Source: Northeast Florida Association of REALTORS.
