Northeast Florida’s housing market entered the new year with signs of transition as inventory growth, easing price pressures and improving affordability began reshaping conditions for buyers and sellers. While sales activity slowed after the busy holiday season, the increase in available homes and slightly longer selling timelines point to a market that is gradually balancing, offering buyers more choice while still maintaining steady overall demand across the region.
“Northeast Florida is moving toward a healthier balance,” said NEFAR President, Kim Knapp. “Increased inventory and improved affordability are giving buyers renewed confidence, while sellers continue to benefit from consistent demand. This reflects a maturing market that supports long-term stability across our region.”
In January, the median sales price for single-family homes in Northeast Florida’s six-county region fell 5.1% to $369,990. The Home Affordability Index in the region rose to 92.
In January, closed sales for single-family homes totaled 1,115 transactions, a 38.8% decrease from the previous month. Meanwhile, pending sales were at 1,163. There were 2,457 new listings in the month of January, a 68.5% increase from December. There was an active inventory of 6,598 properties, an increase of 4.4%. The median number of days on the market was 51.
“In January, we saw median prices adjust modestly while inventory continued to grow, giving buyers more breathing room and improving affordability across our six county region,” said Knapp. “A 5% price shift, combined with a rising Home Affordability Index, signals a market that is recalibrating rather than retreating. While closed sales slowed after December’s activity, pending sales and new listings show that demand remains present. With more than 6,500 homes available and median days on market at 51, we are seeing a healthier pace that benefits both buyers and sellers.”
In St. Johns County, the January 2026 median price for single-family homes decreased by 0.6% to $546,500. Homes spent a median of 64 days on the market, a 13.4% jump from the previous month.
Closed sales were at 268, with pending sales at 288. There were 577 new listings, 96.9% more than December.
Active inventory was at 1,618 homes, representing a six-month supply. The Home Affordability Index was 62.5, as St. Johns County remains the most expensive county in the region.
In Duval County, January showed the median price of single-family homes was $313,950, a 6.3% decrease from December. Homes in Duval County spent a median of 46 days on the market, a 9.5% increase from the month prior.
There were 584 closed sales, which was a decrease of 36.2%, and 565 pending sales. New listings rose 62.9% to 1,303, and there was an active inventory of 3,321 homes, a 5.7-month supply. The Home Affordability Index rose by 7.9% to 109.
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.
