Clay County Home Prices Dropped 2.4% in May 2026… So Why Are Sellers Giving Less?
This report is for single family homes in Clay County for the towns of Fleming Island, Orange Park, Green Cove Springs and Middleburg.
We had less homes available and more homes sold in May 2026 than in May 2025, but did you notice the median sales price in Clay County was negative 2.44%? Yet, the list to sales price went up a couple percent. Meaning, sellers reduced their original list prices less this year, than last year.
The latest mortgage rates can be found at Mortgage Daily News. So when you see them they are in real time and do not reflect the May 2026 timeline. Just to give you a rough idea on payment, if the median sales price is $359,999, with 10% down and a rate of 6.81%, you are looking at a payment around $2,283.14 per month. This payment is just principal and interest, without taxes and insurance. Conventional loan.
What This Means If You’re Buying Right Now
I know you are saying..woohoo!!! The median sales price in Clay County dropped in May. It’s one month, so don’t get too crazy yet. If you want to know what you can actually get in today’s market, I can break that down for you, just message me:
What This Means If You’re Selling
Median sales price dropped, but that doesn’t mean the market is correcting just yet. There are less homes on the market, so that’s a good thing for sellers. Take advantage of that by making sure your home looks amazing. I can show you exactly where your home would fall in today’s market. Click:
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 359,999 and the other half were less than 359,999.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.17 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:
Buyers’ Market: More than 7 months of Inventory
Balanced Market: From 5-7 months of Inventory
Sellers’ Market: Less than 5 months of inventory
Average Days on the Market: This is the average based on the time the house came on the market until is went under contract.
Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract.
I’m Pam Graham, a Northeast Florida real estate consultant, which includes Jacksonville, Clay & St John’s Counties. I break down the market in layman’s terms so you can make smart decisions—whether you’re buying, selling, or just keeping an eye on what’s happening.
Call/Text 904-910-3516
Email: pam@pamgraham.com
