Pace Island
Homes for Sale in Fleming Island, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Pace Island's homes were built between 1989 and 1996, with a median year built of 1992 and a median living area of 1,898 square feet — so condition and updates, not size or vintage spread, do most of the work in setting price here. The gated footprint and amenity set (pool, tennis, boat dock, clubhouse, and guarded security) support the current median price of $460,000, or $219.40 per square foot.
With only 5 active listings against 49 homes in the community and 2.2 months of supply, Pace Island sits in seller-leaning territory, and the median 23-day time on market reflects that. The 15.6% year-over-year pullback in median price is worth reading carefully — with just 29 closings in this window, a handful of transactions can move the median more than they would in a deeper market, so we treat this as a sample-size effect worth watching rather than a confirmed trend. Zoomed out, prices here are up 106% since 2012.
Pace Island right now
🟡 Balanced market. 2.2 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of July 15, 2026. Confidence: Very High (10 active and pending listings, 29 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($460K) is down 15.6% from the prior 12 months ($545K) and up 106% since 2012. With about 28 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level realMLS closed sales, 12-month windows ending July 15. Confidence: High (29 and 19 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Pace Island market snapshot (as of July 15, 2026): the median sale price is about $460K ($219 per sq ft over the trailing 12 months of closed sales), a median 23 days on market for closed sales, and 2.2 months of supply, a balanced market. The trailing-12-month median is down 16% from the prior 12 months and up 106% since 2012, computed from record-level realMLS closed sales (29 closings in the current window).
Pace Island is a community of 49 homes in Fleming Island, Clay County, built between 1989 and 1996 (median 1992), with a median living area of about 1,898 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Pace Island is a gated, amenity-rich community in Fleming Island (Clay County) built out in the early-to-mid 1990s, anchored by a clubhouse, boat dock, and guarded security entrance rather than by size variation in the housing stock itself.
The setting & the homes.
Aerial and on-site photos of Pace Island. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Pace IslandPhotos from realMLS listings in Pace Island; content deemed reliable but not guaranteed.
Who Pace Island is best for.
Best for
- Buyers targeting a gated, amenity-heavy community (pool, tennis, boat dock, clubhouse) near the $460,000 median price point.
- Buyers comfortable moving quickly in a seller-leaning market with a median 23-day time on market.
- Buyers focused on homes built in the 1989-1996 range who plan to budget for condition and updates rather than searching for new construction.
Probably not for
- Buyers who need a wide selection to compare — only 5 active listings limits side-by-side shopping.
- Buyers seeking new construction or homes built well after the 1989-1996 range found in this community.
- Buyers who want a long due-diligence runway — the seller-leaning posture and 23-day median time on market favor faster decisions.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($460K) IS the median in the snapshot above, and the move from 2025 ($545K) IS the -15.6% one-year change.
Windows contain 17 to 35 sales each (29 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Pace Island Market Scorecard
Pace Island is currently a strong seller's market. About 0.8 months of supply, a median asking price of $412,500, and homes go under contract in about 30 days.
Typical home value in the 32003 ZIP is $447,210, about 24.8% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Pace Island
Live MLS inventory for Pace Island. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 53 daysTop listing
Active · 81 days
Active · 19 days
Active · 4 days
Active · 60 days
Pending · 2 days
Pending · 20 days
Pending · 28 days
Pending · 14 days
Pending · 25 daysActive and pending Pace Island listings as of 2026-07-14, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.
Pace Island on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Pace Island
- Pool · reported on 18 of 21 listings
- Gated · reported on 17 of 21 listings
- Tennis Court(s) · reported on 16 of 21 listings
- Jogging Path · reported on 15 of 21 listings
- Playground · reported on 15 of 21 listings
- Boat Dock · reported on 15 of 21 listings
- Clubhouse · reported on 15 of 21 listings
- Gated with Guard · reported on 14 of 21 listings
- Basketball Court · reported on 12 of 21 listings
- Park · reported on 11 of 21 listings
- Pickleball · reported on 11 of 21 listings
- Security · reported on 8 of 21 listings
Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
How far is everything?
Everyday stops around Pace Island are close: the nearest dining is about 3 minutes away.
- Mojo Smokehouse · Dining3 min
- Aldi · Groceries4 min
- Village Square · Shopping5 min
- Park · Parks5 min
- LifeSouth Community Blood Centers · Health5 min
- Starbucks · Coffee5 min
Approximate drive times via Mapbox Search + Directions, 2026-07-03. Verify for a specific address.
Schools
- Clay County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Fleming Island Elementary (Clay)FLDOE grade A · Public PreK-6
- Lakeside Junior High (Clay)FLDOE grade A · Public 7-9
- Fleming Island High School (Clay)FLDOE grade A · Public 9-12
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Clay County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Pace Island address.
Recent Developments in Pace Island
Development, infrastructure, retail, and school activity affecting Pace Island, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.
- February 2026Development
Maronda Homes concept for Old Hard Road draws Fleming Island review
A homebuilder submitted an early concept to a Clay County development review committee envisioning as many as 329 homes on about 63 acres along Old Hard Road in Fleming Island. The land is currently zoned residential agricultural, and the submission was described as a concept rather than an approved plan. Area residents at a related meeting raised concerns about traffic, environmental impact, and school capacity.
What it may mean for the marketIf the proposal advances, added density near Old Hard Road could influence traffic and nearby home values over time, though the project remained early-stage at the time of reporting.
Source: Action News Jax - January 2026Infrastructure
New lane closures on County Road 220 add to Clay County construction
Fresh lane closures took effect in January 2026 on County Road 220, the corridor linking Fleming Island and Middleburg, near Henley Road in the growing Lake Asbury area. The closures added to a multi-year program of construction along one of the county's busiest roads, with crews working in multiple directions. Officials pointed residents to the county website for project updates.
What it may mean for the marketExtended closures along CR 220 may continue to affect commute times and access for Fleming Island area drivers until the larger widening work is finished.
Source: News4Jax - June 2025Retail & Dining
Parker's Kitchen proposes convenience store and fuel center on U.S. 17 in Fleming Island
The Savannah-based Parker's Kitchen chain filed a Clay County permit application for a roughly 5,204 square foot convenience store with fueling stations at U.S. 17 and Creighton Road in Fleming Island. The site sits on an undeveloped lot west of the St. Johns River, and the county's development review committee was scheduled to consider it. It would be one of several planned Northeast Florida locations for the chain.
What it may mean for the marketA new fuel and convenience store along U.S. 17 could add a commercial amenity near the corridor, though permit-stage projects can change before any construction begins.
Source: Jacksonville Daily Record - February 2025Infrastructure
Clay County plans a new two-lane connector extending Radar Road on Fleming Island
Clay County announced plans to build a new two-lane roadway extending Radar Road to Town Center Boulevard at its existing traffic circle, with construction targeted to begin in late summer 2025. The project is designed to connect U.S. 17 to Town Center Boulevard and includes bike lanes, curbs and gutters, and drainage. The county hosted a public meeting at the Fleming Island Library to present the design.
What it may mean for the marketA new connector to the Town Center area could improve local circulation on Fleming Island and, over time, may affect access patterns for nearby commercial and residential sites.
Source: Clay County, FL - January 2025Schools
Clay County schools plan new wings and future campuses to absorb projected growth
The Clay County school superintendent outlined plans to add 32-classroom wings at Lake Asbury Junior High and Oakleaf Junior High, each costing about $20 million and targeted for the 2025-2026 school year, with the junior highs adding sixth grade. District leaders cited roughly 25,000 new homes and more than 6,000 additional students projected over the next decade following the First Coast Expressway. Longer-range plans include new schools in the Saratoga Springs and Governors Park areas by the early 2030s.
What it may mean for the marketAdded classroom capacity and future campuses could affect attendance zones and logistics for the Clay County area as the county continues to grow.
Source: Clay Today
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Pace Island buying strategy.
If we were buying in Pace Island today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Pace Island.
Thin inventory, tight timing
At $219.40 per square foot on a median 1,898-square-foot home, Pace Island prices in a narrow, established band — homes here were built within a seven-year window, 1989 to 1996, so buyers are largely choosing between condition and updates rather than square footage or vintage. Only 5 homes are actively listed against a base of 49 homes in the community, which is a thin pool by any measure.
That scarcity is behind the seller-leaning market label: 2.2 months of supply and a median 23 days on market both point to homes moving before much negotiating room opens up. The 29 closings in this window is a small enough sample that the 15.6% year-over-year median price move should be read as noisy rather than definitive — worth tracking closing to closing rather than reacting to one window. About 67% of homes in the community carry a homestead exemption, one indicator that resale here skews toward owner-occupied purchases rather than investment turnover.
The location and the amenities are priced into every listing in Pace Island. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Pace Island buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (6.4). Basis: Long-Term Appreciation +106% since 2012; Recent Direction -15.6% year-over-year; Liquidity & Demand 2.2 months of supply; Owner Commitment 67% owner-occupied; Pricing Power 97.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market with only 5 active listings and 2.2 months of supply, timing and access to the current closing set matter more than in a deeper market — we track Pace Island's 29-closing window and its active inventory directly rather than relying on stale averages. We also verify the amenities list (pool, tennis, boat dock, clubhouse, guarded gate) against the HOA before you write an offer, since MLS-reported amenities on a gated community like this one are not always current.
Pace Island in 15 seconds.
HOA, CDD & Fees
- No CDD
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Page states no CDD.
Tools for a Pace Island buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pace Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pace Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pace Island home worth?
Get a no-obligation home value based on real comparable sales in Pace Island, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Pace Island on the map →
Frequently Asked Questions
What is the median home price in Pace Island?
How long do homes in Pace Island take to sell?
Is Pace Island a buyer's or seller's market right now?
How many homes are in Pace Island?
What share of Pace Island is owner-occupied?
When were the homes in Pace Island built?
Do cash buyers compete in Pace Island?
Have Pace Island home prices gone up?
What schools serve Pace Island?
Who is the best real estate agent for Pace Island?
How do I find a top Fleming Island real estate agent who knows Pace Island?
Can Momentum Realty connect me with an agent for Pace Island?
Should you buy in Pace Island?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Pace Island with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: July 14, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | realMLS records, as of 2026-07-12 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2001 (689 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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