Is Jacksonville Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Jacksonville Beach was a Neutral Market.
Key Takeaway
Jacksonville Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville Beach, FL
How much do homes in Jacksonville Beach, FL cost?
Median Sold Price
$630,000
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Jacksonville Beach have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Jacksonville Beach was $630,000 in November 2023, up 1.6% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $246.2K | +2.6% |
| 2 Bedrooms | $442.2K | $485K | +9.7% |
| 3 Bedrooms | $617.9K | $610K | -1.3% |
| 4 Bedrooms | $775K | $888K | +14.6% |
| 5+ Bedrooms | $1.0M | $1.1M | +8.3% |
Summary: Jacksonville Beach housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
| Ponte Vedra | $689K | $723.1K | +5.0% |
| Jacksonville Beach | $619.8K | $630K | +1.6% |
| Jacksonville Beaches | $599.3K | $600K | 0.1% |
| Jacksonville East | $337.6K | $336.4K | -0.4% |
| Neptune Beach | $775K | $647.5K | -16.5% |
Housing Supply in Jacksonville Beach, FL
How many homes are available in Jacksonville Beach, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 193 | 191 | -1.0% |
Summary: The Jacksonville Beach real estate market had 191 homes for sale in November 2023, a 1.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 40 | 38 | -5.0% |
| 3 Bedrooms | 90 | 92 | +2.2% |
| 4 Bedrooms | 44 | 42 | -4.5% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Jacksonville Beach housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 37 | 35 | -5.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 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. 60% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Jacksonville Beach in November 2023, down by 5.4% month-over-month. Of the 35 sold homes, 60% were sold under asking, 26% were sold at asking, and 14% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 57 Days | 7 Days | -86.9% |
Summary: Homes in Jacksonville Beach had an average of 7 days on market in Nov 2023, down by 86.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 November 2023, 35 homes were sold in Jacksonville Beach; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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