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NUMBER OF THE WEEK | House prices trend downward

Published on May 30, 2025 at 10:05 am
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In the last five years, the best time to buy a house was…five years ago. Since then, prices have jumped more than 50%. The good news for buyers is the median home price statewide are trending downward, slightly.

According to numbers released by Florida Realtors last week, the median price for single-family homes in Florida was down 4% in April compared to a year ago. Our Number of the Week is the median price for a home in the Jacksonville metro area: about $392,000.

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$392,250

A 4% dip sounds small, but it has Florida Realtors’ attention because it’s the largest one-year price drop the state has seen since 2011.

In the Jax metro area, numbers are a bit skewed because of the relatively expensive markets just to the north and south of Duval County. April’s median sales price for single family homes in Nassau County was $490,250, and in St. Johns County it crossed the half-million mark.

The median home price in our area may have inched downward south of $400,000, but the most expensive home near Jax to sell in April was a waterfront architectural wonder in St. Johns that sold at auction for over $8.1 million.

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author image Reporter email Megan Mallicoat is a Jacksonville Today reporter focusing on education. Her professional experience includes teaching at the University of Florida College of Journalism and Communications, as well as editing, communications management, web design, and graphic design. She has a doctorate in mass communication with an emphasis in social psychology from UF. In her "free time," you'll most likely find her on the sidelines of some kind of kids’ sports practice, holding a book.

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