Northeast Florida Market Stats | October 2025

“Be present in all things and thankful for all things.” — Maya Angelou

The latest market review from the Northeast Florida Association of Realtors® (NEFAR) is out, and it shows a market that continues to find its balance as we head toward the end of the year. The market highlights:

• Median Sales Price: $294,900 — down 3.3% from September but still up 0.1% from last year. Overall, prices remain stable.
• Closed Sales: 2,707 — down 4.2% from last month and up 0.7% year-over-year.
• Pending Sales: 2,083 — down sharply, 24.7% from September and 18.5% from last year.
• Active Inventory: 11,969 — up just 0.4% from September, down 1.1% from last year, showing steady supply.
• Months of Supply: 4.4 months — up slightly from 4.2 months in September, signaling a market moving toward balance between buyers and sellers.

According to the National Association of Realtors® 2025 Profile of Home Buyers and Sellers, the housing landscape continues to evolve:

First-time buyers

Median age: 40 years old

10% median down payment – matching the highest level recorded since 1989

Top sources for down payment:

Personal savings (59%)

Financial assets – such as a 401(k), stocks, or cryptocurrency (26%)

Gifts or loans from family and friends (22%)

Repeat buyers

Median age: 62 years old

23% median down payment

30% were all-cash buyers

All buyers

Median age: 59 years old

24% have children under the age of 18 living at home – an all-time low

14% purchased a multigenerational home – down from 17% in 2024

Top reasons: caring for aging parents (41%), Cost savings (29%), adult children moving back home (27%)

All sellers

Median time in home before selling: 11 years – an all-time high

Median distance moved: 30 miles – down from 35 miles last year

50% purchased a newer home

34% purchased a larger home

Overall, our local market remains steady. If you’d like to know how these trends affect your home’s value – or if you’re thinking about buying or selling – we would be happy to provide a personalized review.

Wishing you a Happy Thanksgiving!