Northeast Florida · Monthly Report · June 2026
Northeast Florida just set a record — but the story isn't what the headline says.
The median hit an all-time high of $420,000. Yet the same house, sold twice, rose only ~1.7% a year. Our June report unpacks the mix-shift driving the record, ranks every ZIP on a heat map, and back-tests our Market Score across 20 years — all computed by Momentum directly from realMLS records.



Just averages whatever happened to sell that month. If a bunch of big, fancy homes sell, it jumps — even if no single house actually gained much.
We find the identical house that sold 1–3 years ago and again in the last 12 months, and compare the two prices. No guessing — that gap is the real move.
“Sold twice” just means we found the same exact house that sold once a while back and then sold again recently, and compared those two prices. Since it’s the identical home both times, that gap tells you how much that house really went up. It’s more honest than the median everyone quotes — the median just averages whatever happened to sell that month, so a wave of high-end sales makes it jump even if no single home actually gained. Sold-twice cuts through that and shows the real move.
Correction, October 7, 2026. This edition originally reported same-home appreciation of +2.9%/yr using every repeat sale 1–15 years apart, which carried the 2020–22 run-up into a figure we then compared with a 12-month median change. Recomputed on short holds only (bought 1–3 years before the June resale; 1,850 pairs, single-family), it is +1.7%/yr. Owners who bought 5+ years ago averaged +6.7%/yr (5,253 pairs). The June PDF still carries the original figure. Later editions use the corrected method.

Read the full June 2026 report
10 pages: the mix-shift explainer, price-band breakdowns, the ZIP heat map, a probability-based 6-month forecast, and the 20-year Market Score back-test — all computed by Momentum from realMLS records.
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