Northeast Florida’s housing market continued to normalize in April as the region saw steady buyer activity alongside growing inventory, creating a more balanced landscape for both buyers and sellers. Market conditions reflected a shift toward greater opportunity and flexibility, with increased housing options across the six-county area and continued variation in performance at the county level. As the spring market progresses, Northeast Florida remains positioned for measured activity as consumers adjust to evolving affordability conditions and changing market dynamics.

“April’s numbers continue to reflect a market that is stabilizing and becoming more balanced across Northeast Florida. Buyers are seeing more options and greater flexibility, while sellers are still benefiting from steady activity. As inventory grows and affordability continues to influence decisions, we are seeing a healthier pace emerge across the region,” said NEFAR President, Kim Knapp.

In April, the median sales price for single-family homes in Northeast Florida’s six-county region fell 1.3% to $390,000. The Home Affordability Index* in the region remained at 86. Closed sales for single-family homes totaled 1,845 transactions, a 3.4% decrease from the previous month. Meanwhile, pending sales were at 1,356, falling 31.7%. There were 2,755  new listings in the month of April, a 1.7% increase from March. There was an active inventory of 7,098 properties, an increase of 10.7%. The median number of days on the market was 35, a 12.5% decline.

“In April, prices softened slightly while inventory continued to grow, giving buyers more choices across the region. Although pending sales slowed, homes are still moving relatively quickly, showing that motivated buyers remain active in the market,” said Knapp.

NEFAR’s market reports are available at nefar.com.