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When real estate articles refer to the median sale price of a single-family home in a city, county or regional market, the question is what does that median price buy?
Each month the Northeast Florida Association of Realtors releases sales data that includes the median price of homes for the Jacksonville market that includes Baker, Clay, Duval, Nassau, Putnam and St. Johns counties.
In June, the median price for the region was $410,000, up 3.8% from a year ago.
Within the market there is a $308,900 difference between the highest (St. Johns) and lowest (Putnam) median sales prices.
Listed are three examples of what the median sales price buys in Duval and Nassau County. The homes listed have a plus or minus of $10,000 of each county’s median sale price.
July sales numbers will be released by NEFAR on its website around August 10.
11726 White Horse Road, Jacksonville, 32246
Size: 1,458 square feet
Bedrooms: 3
Baths: 2
HOA fee: None
Built: 1981
The home has a kitchen view of the covered almond-shaped pool. It is built on 0.25 acre.
There is a separate workshop/storage building in the fenced backyard.
The roof was replaced in 2022 and kitchen has a new stove top, oven and refrigerator.
The primary bedroom has a sitting area. A separate modular room with a porch can serve several uses such as an office, man cave or she shed.
It is located near Sandalwood High School.
The the year-to-year median sale price for a single family home in Duval County has stayed between $318,000 and $340,000.
With 3.9 months of inventory that totals 3,533 active listings in June, Duval County is becoming a buyer’s market with houses staying on the market just over a month allowing buyers the time to shop for that perfect house.
12926 Rubber Fig Terrace, Jacksonville, 32218
Size: 1,797 square feet
Bedrooms: 4
Baths: 2
HOA fee: $35 quarterly
Built: 2024
This is a 0.14-acre new build in the Arbors. The home is a smart home using the alarm.com app. When away, owners can monitor the house, open or close the garage door, set the thermostat and adjust lighting. There is a community fitness center, clubhouse, large pool area, a children’s splash pad and playground.
2134 Mercer Circle S., Jacksonville, 32217
Size: 1,537 square feet
Bedrooms: 3
Baths: 2
HOA fee: None
Built: 1954
Home is built on 0.56 acre with a large backyard with a large deck and outdoor kitchen. There is a navigable creek that leads to the St. Johns River. This home is under contract.
96366 Chester Road, Yulee 32097
Size: 1,965 square feet
Bedrooms: 3
Baths: 2
HOA fee: None
Built: 2001
This home is on 1.23 acres with plenty of space for a growing family. Although it was built in 2001, the bedrooms are large, said Josh Keenan of Momentum Realty.
The stainless steel kitchen appliances have recently been installed. The bathrooms have also been remodeled. The air conditioning is 7 years old.
The property has two storage sheds to hold a variety of tools and lawn gear.
The Nassau County housing market has slowed, Keenan said. Buyers aren’t looking for fixer-uppers.
“Unless something is listed as undervalued or new or completely renovated, it is hard to get things sold,” he said.
Interest rates and rising prices are keeping would-be buyers out of the market.
“It might make sense to get into a short-term rental. It might be better on the budget to rent than to own.”
95352 Creekville Drive, Fernandina Beach, 32034
Size: 2,035 square feet
Bedrooms: 4
Baths: 3
HOA fee: $60 per month
Built: 2019
This home is on 0.33 acres on a cul-de-sac. It has solar panels. It is in the heart of Fernandina Beach. It has an assumable 4.25% mortgage.
75283 Plumbago Trace, Yulee, 32097
Size: 2,423 square feet
Bedrooms: 4
Baths: 3
HOA fee: $100 annually
Built: 2024
This is a new two-story home on 0.13 acre in the Tributary neighborhood. Amenities include a community pool, clubhouse and fitness center. The house has a two-car garage.
Coming July 30: What you get for the median in Putnam and St. Johns County
What you get for the median price in Baker and Clay County, Click here