Is Jacksonville Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Jacksonville Beach was a Seller's Market.
Key Takeaway
Jacksonville Beach 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 Jacksonville Beach, FL
How much do homes in Jacksonville Beach, FL cost?
Median Sold Price
$634,333
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jacksonville Beach have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Jacksonville Beach was $634,333 in March 2024, down 2.4% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $237.5K | +3.3% |
| 2 Bedrooms | $450K | $473.5K | +5.2% |
| 3 Bedrooms | $625K | $628.3K | 0.5% |
| 4 Bedrooms | $850K | $889K | +4.6% |
| 5+ Bedrooms | $1.0M | $1.1M | +17.2% |
Summary: Jacksonville Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Cities
| Ponte Vedra | $713.3K | $749.3K | +5.0% |
| Jacksonville East | $345.1K | $349.8K | +1.4% |
| Jacksonville Beaches | $607.8K | $598.9K | -1.5% |
| Jacksonville Beach | $650K | $634.3K | -2.4% |
| Neptune Beach | $798K | $645K | -19.2% |
Housing Supply in Jacksonville Beach, FL
How many homes are available in Jacksonville Beach, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 250 | 276 | +10.4% |
Summary: The Jacksonville Beach real estate market had 276 homes for sale in March 2024, a 10.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 46 | 54 | +17.4% |
| 3 Bedrooms | 126 | 140 | +11.1% |
| 4 Bedrooms | 56 | 60 | +7.1% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Jacksonville Beach 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 increased by 17.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 44 | -6.4% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville Beach, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Jacksonville Beach in March 2024, down by 6.4% month-over-month. Of the 44 sold homes, 68% were sold under asking, 25% were sold at asking, and 7% were sold over asking.
Days on Market for Jacksonville Beach, FL
How long does it take to sell a home in Jacksonville Beach, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 42 Days | -37.2% |
Summary: Homes in Jacksonville Beach had an average of 42 days on market in Mar 2024, down by 37.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville Beach are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 44 homes were sold in Jacksonville Beach; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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