Momentum Housing Data · Home Values · Duval County

Covenant Cove Home Values: What Homes Actually Sell For

Every figure below is from recorded MLS closings in Covenant Cove (Jacksonville, FL) — not an algorithm’s estimate. Medians, the 15-year price history, market time, and what the record says about selling here now. Window ending 2026-08-05; refreshes as new closings record.

Median sold price
$468,520
+0.8% vs prior year · window ending 2026-08-05
Median $/sqft
$221
5 recorded closings
Median days to sell
98
from list to contract-to-close record

In the current window, sellers accepted a median 93.9% of original asking; the median sale took 98 days (window ending 2026-08-05).

The 15-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSales
2026$468,520$221985
2025$465,000$228228
2024$502,500$222218
2023$450,000$251277
2022$437,500$2131712
2021$370,000$1692613
2020$330,000$169279
2019$330,000$1621911
2018$305,000$1524315
2017$285,000$1446113
2016$285,000$1424425
2015$255,000$1242313
2014$240,000$115479
2013$223,750$105458
2012$208,500$102449

Over the recorded series, Covenant Cove’s median sold price moved from $208,500 (2012) to $468,520 (12 months ending 2026-08-05) — +125% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Covenant Cove, briefly

The recorded series starts in 2012 at $208,500. The 2020–22 run-up did what it did everywhere — Covenant Cove’s median moved +33% from 2019 to 2022. Against the 2024 peak of $502,500, the current median stands at -7%. Annual sales volume here has ranged from 5 to 25 closings a year (10-yr average 10.1). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.

What actually trades here: 99% single family residence, 1% townhouse, 0% mobile home, with a median of 2,117 sq ft and a median price per square foot of $221 in the current window. Price-per-square-foot is the cleaner yardstick when comparing your home to the medians — it corrects for the size mix in any given year.

Selling in Covenant Cove right now: what the record says

Current asking prices run a median $544,950 against the $468,520 recorded sold median (+16%) — the gap between what sellers hope and what the record shows. The market is carrying about 4.8 months of supply at the current sales pace. Demand check: 0% of Covenant Cove’s listings are under contract, against 44% for ZIP 32224 and 31% for Duval County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Since 2006, 63 Covenant Cove listings were withdrawn, canceled, or expired without selling (1 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 21% of Covenant Cove listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 33%. Momentum’s market-heat index for Covenant Cove reads 17/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 40% of recorded Covenant Cove sales in the window ending 2025-07 (2 of 5) — a fact worth knowing before assuming every buyer needs an appraisal to close. For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.

The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.

What would YOUR Covenant Cove home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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More Covenant Cove: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs

Source: Data provided by realMLS. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures