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Data Powered by Home Junction, Inc.
Current MLS market statistics for active listings in this area.
| Active listings | 17 |
|---|---|
| New listings last 30 days | 3 |
| Median list price | $667,000 |
| Median price per sq ft | $453 |
| List price range | $184,000 - $2,350,000 |
| Median bedrooms | 3 |
| Median bathrooms | 2.5 |
| Median living area | 1,669 sq ft |
| Typical HOA fees | $114 – $1,612 / month |
Medians are based on 17 sampled active listings when available.
Downtown St. Augustine is one of Florida’s most historically constrained real estate markets. Founded in 1565, St. Augustine is recognized by the city as the oldest continuously occupied settlement of European and African-American origin in the United States, which gives the downtown core a level of historical significance that directly affects property supply, renovation rules, and buyer demand.
Downtown St. Augustine market is shaped by historic homes, small lots, mixed-use buildings, preservation requirements, tourism demand, and walkable access to landmarks such as Castillo de San Marcos, St. George Street, and the Matanzas Bay waterfront.
Downtown St. Augustine pricing sits above the broader city average because supply is limited and many properties carry historic, architectural, or income-producing value. Data shows the broader Saint Augustine market at an average home value of about $431,116, with a median list price around $454,950. Historic-district inventory trades at a much higher level, around $872,000.
Typical price ranges:
The value of properties in Downtown St. Augustine is tied to history, preservation, walkability, and limited physical supply.
This creates a market where two homes on nearby streets can carry very different values based on condition, permitted use, architectural character, and exact location.
The downtown real estate market includes a mix of property types that reflect the city’s long development history. Within the market, you will find:
Downtown demand is strongly tied to St. Augustine’s historic identity. The city’s core includes nationally recognized landmarks and streetscapes that influence buyer interest and property value. Some of these landmarks include:
Short-term rental rules are a major factor in downtown St. Augustine. The city states that RS-1 and RS-2 zoning may allow rentals of one week or longer with approved registration, while nightly rentals are not allowed in those zoning categories. HP-1 zoning may allow rentals on a monthly or longer basis with approved registration, while other zoning districts may allow nightly rentals with approved registration.
Properties with more flexible rental eligibility often attract stronger investor interest. Properties in more restrictive zones appeal more to full-time residents, second-home buyers, or owners focused on long-term use.
Each pocket has different pricing behavior based on foot traffic, zoning, property age, and rental eligibility.
Downtown St. Augustine works best when your priority is history, walkability, and ownership in a supply-constrained market.
It is a strong fit if: