St. Johns County's median single-family home price climbed to $589,030 in July, up 1.8% from June and $184,030 above the six-county Northeast Florida median of $405,000, according to the Northeast Florida Association of Realtors' (NEFAR) monthly market report published Tuesday, Aug. 11.
The county remains the most expensive in the region. Its Home Affordability Index dropped to 56, meaning a family earning the median income cannot qualify for a mortgage on a median-priced home with a 20% down payment. By comparison, Duval County's index stood at 98, Clay County's at 91 and Nassau County's at 73.
Closed Sales Drop 16.6% as Inventory Tightens
The county recorded 524 transactions in July, a 16.6% drop from June's 610. Pending sales totaled 304, and 525 new listings entered the market. Homes sold in a median 33 days, slightly faster than June's 34.
Active inventory shrank to 1,706 homes from 1,841 in June, a loss of 135 listings. The months-of-supply figure ticked up to 3.3 from 3.0, however, because the pace of sales slowed faster than inventory declined.
Regional Market Cools While St. Johns Prices Keep Rising
The broader Northeast Florida market moved in the opposite direction. Regionally, the median price fell 3.2% to $405,000, and inventory sat at a looser 3.9-month supply.
NEFAR President Kim Knapp characterized the regional picture as balanced. "Buyers have more choices, more time to make decisions, and greater flexibility than we've seen in recent years, while sellers who price and prepare their homes well continue to attract strong interest and sell faster," Knapp said in the Tuesday, Aug. 11, report.
That balance has not reached St. Johns County's price bracket. Since December 2025, the county's median has risen roughly $39,000, from $549,995 to $589,030, an increase of about 7.1% in seven months.
Affordability Concerns Take Center Stage in Commission Race
The affordability squeeze has already surfaced in local politics. At a July 14 candidate forum at Christ Episcopal Church in Ponte Vedra Beach, reported by the Ponte Vedra Recorder, commission candidate Sam Williams, a retired St. Johns County Sheriff's Office chief, said a starting deputy earning $62,000 would need a working spouse or multiple side jobs to afford a home in the county.
Candidate Will McMullan noted at the same forum that 87% of the county's tax revenue comes from residential sources, compared to a state average of 35%, creating what he called a "perpetuating cycle" of approving more homes to fund infrastructure while population growth strains that same infrastructure.
St. Johns County officials were not available for comment on the July data.
Primary Election Offers Voters a Say on Growth Policy
The Tuesday, Aug. 18, primary election for County Commission Districts 2 and 4 is the next scheduled opportunity for voters to weigh in on growth and housing policy.
