Northeast Florida Market Stats | April 2026

“The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty.” — Winston Churchill

As we move through the spring market, there are encouraging signs that the Jacksonville real estate market is continuing to stabilize. Below are statistics compiled by Florida Realtors for the Jacksonville Metropolitan Statistical Area (MSA), comparing April 2026 to April 2025 across all property types:

• Closed Sales: 2,531 — up 1.4%
• Median Sales Price: $369,000 — up 0.3%
• Average Sales Price: $485,397 — down 0.5%
• New Pending Sales: 2,945 — up 2.4%
• Active Inventory: 8,945 — down 21.6%
• Months Supply of Inventory: 3.9 months — down 22.0%

Overall, these numbers point to a market that is finding balance. Closed and pending sales have increased modestly, home prices remain stable, and inventory levels have tightened.

One interesting trend noted by Lawrence Yun, Chief Economist for the National Association of Realtors, is that the national median price for new homes in April was $387,400, compared to $417,700 for existing homes. Historically, new construction homes have typically sold at a premium, so this shift is noteworthy. Builders may be responding to affordability concerns by constructing smaller, more cost-effective homes.

Families are also finding creative ways to improve affordability. In Jacksonville, 6.2% of current listings are being marketed as multigenerational homes. These properties are receiving 33.3% more page views than standard listings, and their price per square foot is averaging 11.6% higher. This reflects growing demand for flexible living arrangements that allow families to share expenses and resources.

There is also positive news for Florida homeowners regarding property insurance. Since recent legislative reforms took effect, homeowners insurance litigation in Florida has declined by nearly 50% over the past 18 months. As a result, dozens of property and casualty insurers have filed for rate decreases, additional companies have entered or reentered the Florida market, and consumers have seen an average 14.5% reduction in insurance costs compared to what rates would have been without these reforms.

We are also noticing increased buyer activity in May, suggesting that this year’s spring selling season may have simply arrived a little later than usual.

We hope you enjoy the Memorial Day holiday weekend. As always, please let us know if we can assist you or someone you know with any real estate needs.