Is Jacksonville Beaches, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville Beaches is a neutral's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Jacksonville Beaches was a Seller's Market.

Key Takeaway

Jacksonville Beaches 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 Beaches, FL

How much do homes in Jacksonville Beaches, FL cost?

Median Sold Price

$610,000

$376/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$10,052(+1.7%)

Key Takeaway

Homes in Jacksonville Beaches have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Jacksonville Beaches was $610,000 in June 2024, up 1.7% from last year, and the median price per square foot was $376.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $240K$345K
+43.8%
2 $405K$427K
+5.4%
3 $597.1K$599.9K
0.5%
4 $851K$845K
-0.7%
5+ $1.2M$1.5M
+21.7%

Summary: Jacksonville Beaches housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 21.7%.

Median Sold Price Compared To Nearby Cities

Ponte Vedra
+10.8%
Jacksonville Beach
+3.1%
Jacksonville Beaches
+1.7%
Atlantic Beach
-4.3%
Neptune Beach
-4.5%

Housing Supply in Jacksonville Beaches, FL

How many homes are available in Jacksonville Beaches, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
425430+1.2%

Summary: The Jacksonville Beaches real estate market had 430 homes for sale in June 2024, a 1.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 1616
0.0%
2 6980
+15.9%
3 188188
0.0%
4 113100
-11.5%
5+ 3946
+17.9%

Summary: The Jacksonville Beaches housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.9%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 17.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE
8470-16.7%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville Beaches, you may be able to get a good deal. 65.7% of homes here sold below asking price last month.

Summary: A total of 70 homes were sold or pending in Jacksonville Beaches in June 2024, down by 16.7% month-over-month. Of the 70 sold homes, 66% were sold under asking, 24% were sold at asking, and 10% were sold over asking.

Days on Market for Jacksonville Beaches, FL

How long does it take to sell a home in Jacksonville Beaches, FL?

Average Sale Time

Jun 2023Jun 2024CHANGE
47 Days46 Days-2.8%

Summary: Homes in Jacksonville Beaches had an average of 46 days on market in Jun 2024, down by 2.8% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jacksonville Beaches are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 70 homes were sold in Jacksonville Beaches; 53% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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