Is Jackson County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jackson County was a Seller's Market.
Key Takeaway
Jackson County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Jackson County, FL
How much do homes in Jackson County, FL cost?
Median Sold Price
$219,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jackson County have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Jackson County was $219,500 in May 2024, up 15.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.9K | $78K | -6.0% |
| 2 Bedrooms | $139.5K | $135.5K | -2.9% |
| 3 Bedrooms | $195K | $195K | 0.0% |
| 4 Bedrooms | $250K | $336.2K | +34.5% |
| 5+ Bedrooms | $550K | $416.5K | -24.3% |
Summary: Jackson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes decreased by 24.3%.
Median Sold Price Compared To Nearby Counties
| Calhoun County | $192K | $240K | +25.0% |
| Jackson County | $190.3K | $219.5K | +15.3% |
| Holmes County | $187K | $207.5K | +11.0% |
Housing Supply in Jackson County, FL
How many homes are available in Jackson County, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 152 | 141 | -7.2% |
Summary: The Jackson County real estate market had 141 homes for sale in May 2024, a 7.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 81 | 76 | -6.2% |
| 4 Bedrooms | 37 | 31 | -16.2% |
| 5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Jackson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson County, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Jackson County in May 2024, down by 25.8% month-over-month. Of the 23 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% were sold over asking.
Days on Market for Jackson County, FL
How long does it take to sell a home in Jackson County, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 70 Days | +43.5% |
Summary: Homes in Jackson County had an average of 70 days on market in May 2024, up by 43.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jackson County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Jackson County; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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