Prices of single-family homes sold in Northeast Florida rose in March for a second straight month, as did the number of sales and new listings, data from the Northeast Florida Association of Realtors show.
NEFAR reported that the median sales price of homes in the six-county region was $395,000 in March, up 1.5% from $388,500 in February. The March price was 4.2% higher than in March 2025, when NEFAR reported it at $379,000.
Closed sales were at 1,847 in March, up 22.6% from 1,507 in February, and the 2,663 new listings in March were a 14.6% increase over the 2,324 in February.
“March’s numbers show a market that is gaining momentum as we move into the spring season. Sales activity is up, more sellers are entering the market and buyers are continuing to engage even as affordability remains a factor. This is a positive sign as we head into the spring, with the market finding a stronger and more sustainable rhythm,” NEFAR President Kim Knapp said in an April 8 news release.
NEFAR reported that the Home Affordability Index in the region fell by 2.3% to 86 from 88 in February. The closer the index is to 100, the more an average family is able to afford to buy a house based on 30-year fixed mortgage interest rates, median income and median home prices.
Among other March data, the active inventory of 6,901 properties was a 9.1% increase over February, and homes stayed on the market a median of 40 days, down from 50 in February.
Baker: Median price was $355,000, a 41.8% increase. There were 19 closed sales. Active inventory was 82. Months supply was 4.3.
Clay: Median price was $364,990, a 4.3% increase. Closed sales were up 33.8% to 269. Active inventory was 982. Months supply was 3.7.
Duval: Median price was $335,000, a 2.8% increase. Closed sales were up 24.7% to 955. Active inventory was 3,350, a 3.5-month supply.
Nassau: Median price was $459,500, a 5.3% increase. Closed sales were up 20% to 114. Active inventory was 477. Months supply was 4.2.
Putnam: Median price was $186,950 a 32.2% decrease. There were 32 closed sales. Active inventory was 228. Months supply was 7.1.
St. Johns: Median price was $550,000, a 1.2% increase. Closed sales were up 14.5% to 458. Active inventory was 1,782. Months supply was 3.9.