St. Johns, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

St. Johns, FL Housing Market Trends

With 59,072 people, 2,267 houses or apartments, and a median cost of homes of $522,046, St. Johns house prices are not only among the most expensive in Florida, St. Johns real estate also is some of the most expensive in all of America.

St. Johns is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in St. Johns than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in St. Johns. Owner-occupied housing accounts for 87.82% of St. Johns's homes, and 75.00% have either three or four bedrooms, which is average sized relative to America.

St. Johns homes and real estate are some of the newest in America. 64.17% of St. Johns's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the St. Johns real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.27%), and between 1940-1969 ( 2.37%).

St. Johns Home Appreciation Rates

In the last 10 years, St. Johns has experienced some of the highest home appreciation rates of any community in the nation. St. Johns real estate appreciated 112.29% over the last ten years, which is an average annual home appreciation rate of 7.82%, putting St. Johns in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, St. Johns definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in St. Johns that despite a nationwide downturn in the housing market, St. Johns real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, St. Johns appreciation rates continue to be some of the highest in America, at 22.73%, which is higher than appreciation rates in 88.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in St. Johns. St. Johns appreciation rates in the latest quarter were at 4.49%, which equates to an annual appreciation rate of 19.22%.

Importantly, this makes St. Johns one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Florida, our data show that St. Johns's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within St. Johns differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in St. Johns - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best St. Johns real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$522,046

St. Johns, FL HOME PRICES

> $1,444,000
$1,083,001 - $1,444,000
$722,001 - $1,083,000
$578,001 - $722,000
$433,001 - $578,000
$289,001 - $433,000
$144,001 - $289,000
$72,001 - $144,000
$0 - $72,000
1.5%
1.5%
2.4%
2.4%
12.5%
12.5%
20.4%
20.4%
34.9%
34.9%
20.4%
20.4%
6.2%
6.2%
1.0%
1.0%
0.7%
0.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for FL

Value Relative To Nation

Number Of Homes And Apartments:
2,267

St. Johns Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
148.66% 4.18%
2
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,418 / per month

Homeownership Rate

Owners
Renters
Vacant
87.8%
87.8%
12.2%
12.2%
4.3%
4.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
64.2%
64.2%
33.3%
33.3%
2.4%
2.4%
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
90.9%
90.9%
3.8%
3.8%
1.4%
1.4%
2.1%
2.1%
1.8%
1.8%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
0.2%
0.2%
4.9%
4.9%
32.5%
32.5%
42.5%
42.5%
19.4%
19.4%
0.0% 100.0%
% OF HOMES