Overall trend: The Duval County single-family residential market in 2025 reflects a modestly cooling but stable market, characterized by slightly lower prices, longer marketing times, and marginally softer buyer competition compared to 2024.
Median Sale Price: $329,589, down 2.5% year-over-year
Median Price per SF: $190, down 2.1% YoY These declines indicate mild price softening rather than a sharp correction.
Closed Sales: 10,804, up 0.5% YoY, showing stable transaction volume
Pending Sales: 10,786, essentially flat (-0.1% YoY) Buyer demand remains present but no longer accelerating.
Median Days on Market: 35 days, up 12.9% YoY
List Price Received: 97.0%, slightly down from 97.2%
Sales Over List Price: 12.5%, down from 14.6% These metrics reflect reduced urgency among buyers and increased price negotiation.
New Listings: 15,975, up 1.0% YoY
Active Inventory / Months Supply: Not reported in this YTD view, but listing growth outpaces price growth, supporting a more balanced market.
Home Affordability Index: 87, up 10.1% YoY Improved affordability suggests easing pressure from prices and/or interest rate stabilization.
From a valuation standpoint, the data supports:
Stable to slightly declining values
Increasing exposure times
Greater buyer selectivity
Reduced likelihood of above-list outcomes
This is consistent with a transition from seller-leaning conditions toward a more balanced market, appropriate for neutral to mildly declining market condition adjustments depending on submarket and property type.
Source: NEFAR December 2025 Market Review – Duval County
NEFAR-Duval-2025