Is Jackson County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jackson County has remained a Seller's Market.
Key Takeaway
Jackson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jackson County, FL
How much do homes in Jackson County, FL cost?
Median Sold Price
$215,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jackson County have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Jackson County was $215,000 in March 2024, up 10.3% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50.5K | $99.9K | +97.8% |
| 2 Bedrooms | $147K | $142K | -3.4% |
| 3 Bedrooms | $194K | $202.5K | +4.4% |
| 4 Bedrooms | $257.5K | $325K | +26.2% |
| 5+ Bedrooms | $325K | $413K | +27.1% |
Summary: Jackson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.8%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 27.1%.
Median Sold Price Compared To Nearby Counties
| Jackson County | $195K | $215K | +10.3% |
| Holmes County | $183.4K | $199.4K | +8.8% |
Housing Supply in Jackson County, FL
How many homes are available in Jackson County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 146 | 131 | -10.3% |
Summary: The Jackson County real estate market had 131 homes for sale in March 2024, a 10.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 70 | 63 | -10.0% |
| 4 Bedrooms | 41 | 36 | -12.2% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Jackson County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Jackson County in March 2024, up by 7.7% month-over-month. Of the 28 sold homes, 86% were sold under asking, 11% were sold at asking, and 4% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 89 Days | 74 Days | -17.0% |
Summary: Homes in Jackson County had an average of 74 days on market in Mar 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 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 March 2024, 28 homes were sold in Jackson County; 50% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.