Is Green Cove Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Green Cove Springs has remained a Seller's Market.
Housing Prices in Green Cove Springs, FL
How much do homes in Green Cove Springs, FL cost?
Median Sold Price
$359,993
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Green Cove Springs was $359,993 in May 2024, up 3.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | - | N/A |
2 Bedrooms | $181K | $251.2K | +38.8% |
3 Bedrooms | $305.9K | $321.3K | +5.0% |
4 Bedrooms | $355.5K | $368K | +3.5% |
5+ Bedrooms | $397.6K | $450K | +13.2% |
Summary: Green Cove Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.8%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
Green Cove Springs | $349.2K | $359.9K | +3.1% |
Fruit Cove | $559.8K | $549K | -1.9% |
Saint Johns | $546.7K | $529K | -3.2% |
Housing Supply in Green Cove Springs, FL
How many homes are available in Green Cove Springs, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
310 | 343 | +10.6% |
Summary: The Green Cove Springs real estate market had 343 homes for sale in May 2024, a 10.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 103 | 111 | +7.8% |
4 Bedrooms | 160 | 181 | +13.1% |
5+ Bedrooms | 41 | 45 | +9.8% |
Summary: The Green Cove Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 67 | +103.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in Green Cove Springs in May 2024, up by 103.0% month-over-month. Of the 67 sold homes, 45% were sold under asking, 37% were sold at asking, and 18% were sold over asking.
Days on Market for Green Cove Springs, FL
How long does it take to sell a home in Green Cove Springs, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
92 Days | 58 Days | -36.8% |
Summary: Homes in Green Cove Springs had an average of 58 days on market in May 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During May 2024, 67 homes were sold in Green Cove Springs; 51% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.