Is Jacksonville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
Since last year, Jacksonville has remained a Seller's Market.
Key Takeaway
Jacksonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Jacksonville, FL cost?
Median Sold Price
$283,240
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$47,878(+20.3%)
Key Takeaway
Homes in Jacksonville have sold for 20.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $115.3K | $150K | +30.1% |
| 2 Bedrooms | $154.7K | $189.9K | +22.7% |
| 3 Bedrooms | $224.2K | $271.6K | +21.1% |
| 4 Bedrooms | $300.1K | $364.1K | +21.3% |
| 5+ Bedrooms | $407.1K | $494.6K | +21.5% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Jacksonville North | +24.7% |
| Jacksonville West | +23.2% |
| Jacksonville East | +21.2% |
| Jacksonville | +20.3% |
| Orange Park | +18.4% |
How many homes are available in Jacksonville, FL?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 4,489 | 4,466 | -0.5% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 72 | 59 | -18.1% |
| 2 Bedrooms | 648 | 640 | -1.2% |
| 3 Bedrooms | 2,305 | 2,310 | 0.2% |
| 4 Bedrooms | 1,177 | 1,157 | -1.7% |
| 5+ Bedrooms | 287 | 300 | +4.5%  |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 1,402 | 995 | -29.0% |
Asking Price vs. Sold Price
364 Homes Were Sold
Under Asking
265 Homes Were Sold
At Asking
366 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 27 Days | 24 Days | -10.8% |
Breakdown of Home Sale Times
710 Homes Were Sold
Under 30 Days
246 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville are selling fast, if you're buying plan to act quickly.
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