{"id":862021,"date":"2026-06-12T10:53:19","date_gmt":"2026-06-12T10:53:19","guid":{"rendered":"https:\/\/www.europesays.com\/us\/862021\/"},"modified":"2026-06-12T10:53:19","modified_gmt":"2026-06-12T10:53:19","slug":"northeast-florida-home-prices-rise-5-1-in-may-inventory-edges-up-but-remains-tight-nefar","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/862021\/","title":{"rendered":"Northeast Florida home prices rise 5.1% in May; inventory edges up but remains tight: NEFAR"},"content":{"rendered":"<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\"><strong>DUVAL COUNTY, Fla.<\/strong> \u2013 Northeast Florida\u2019s housing market showed continued price growth in May as sales activity moderated and inventory shifted, according to the Northeast Florida Association of Realtors.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">The median price for single-family homes across the six-county region rose 5.1% from April to $410,000. Closed sales increased 2.9% month-to-month to 1,969, and homes spent a median of 31 days on the market, down 8.8% from April.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Pending sales and new listings remained below year-ago levels, and active inventory totaled 7,109 homes, a 3.6-month supply. The Home Affordability Index fell to 81.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">\u201cMay\u2019s data highlights a market that is adjusting to a more sustainable pace. Inventory growth is creating additional opportunities for buyers, while strong consumer interest continues to support home values and sales activity,\u201d said Kim Knapp, president of NEFAR.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Take a look at the interactive map below.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">County highlights:<\/p>\n<ul class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 etvbxt font_openSans articleList\">\n<li class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Stack-vJ7SwH7U__StackBase-sc-1m5bkhd-0 evEXvX dsnUCb\">\n<p><b>Duval:<\/b> Median single-family price was $340,000. Homes spent a median of 28 days on the market, down 6.7% from April. There were 926 closed sales (down 2.3%), 665 pending sales and 1,348 new listings (down 3.5%). Active inventory was 3,388 homes, a 3.7-month supply. The Home Affordability Index remained at 98.<\/p>\n<\/li>\n<li class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Stack-vJ7SwH7U__StackBase-sc-1m5bkhd-0 evEXvX dsnUCb\">\n<p><b>Clay:<\/b> Median price slipped 1.4% to $359,900. Homes spent a median of 30 days on the market. Closed sales totaled 297 (down 2.3%), with 205 pending sales. New listings rose 3.4% to 423. Active inventory was 1,049 homes, a 3.5-month supply. The affordability index was 92.<\/p>\n<\/li>\n<li class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Stack-vJ7SwH7U__StackBase-sc-1m5bkhd-0 evEXvX dsnUCb\">\n<p><b>St. Johns:<\/b> Median price decreased 1.2% to $580,000. Median days on market rose 6.3% to 34. Closed sales jumped 14.5% to 576, with 361 pending sales. There were 677 new listings and 1,856 active listings, a 3.2-month supply. The affordability index fell to 57.<\/p>\n<\/li>\n<li class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Stack-vJ7SwH7U__StackBase-sc-1m5bkhd-0 evEXvX dsnUCb\">\n<p><b>Putnam:<\/b> Median price fell 3.5% to $279,000. Median days on market increased 48.1% to 77. There were 34 closed sales and 32 pending sales. New listings declined 8.7% to 63. Active inventory was 244 homes, a 7.2-month supply. The affordability index rose to 119.5.<\/p>\n<\/li>\n<li class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Stack-vJ7SwH7U__StackBase-sc-1m5bkhd-0 evEXvX dsnUCb\">\n<p><b>Nassau:<\/b> Median price rose 3.6% to $480,000. Median days on market fell 27.3% to 40. Closed sales increased 9.0% to 121 and pending sales rose 1.9% to 107. New listings jumped 22.1% to 182. Active inventory was 491 homes, a 4.1-month supply. The affordability index fell to 70.<\/p>\n<\/li>\n<li class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Stack-vJ7SwH7U__StackBase-sc-1m5bkhd-0 evEXvX dsnUCb\">\n<p><b>Baker:<\/b> Median price surged 67.9% to $455,000. Homes spent a median of 22 days on the market, up 15.8%. There were 15 closed sales, 14 pending sales and 27 new listings. Active inventory was 81 homes, a 5.4-month supply. The affordability index fell to 73.<\/p>\n<\/li>\n<\/ul>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">The Home Affordability Index 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. An index of 100 means a median-income family has the exact income needed to buy a median-priced existing home; values above 100 indicate greater affordability, values below 100 indicate less.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">The Northeast Florida Association of Realtors, the region\u2019s largest professional real estate association, represents more than 13,000 members and operates the Northeast Florida Multiple Listing Service<\/p>\n<p>Copyright 2026 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"DUVAL COUNTY, Fla. \u2013 Northeast Florida\u2019s housing market showed continued price growth in May as sales activity moderated&hellip;\n","protected":false},"author":3,"featured_media":862022,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5136],"tags":[852,5229,3188,723,7065,7310,14635,67,586,132,5230,68,2969],"class_list":["post-862021","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-affordable-housing","tag-america","tag-fl","tag-florida","tag-housing","tag-jacksonville","tag-nefar","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116736767191394611","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/862021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=862021"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/862021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/862022"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=862021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=862021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=862021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}