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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville East is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Jacksonville East has remained a Seller's Market.

Key Takeaway

Jacksonville East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jacksonville East, FL

How much do homes in Jacksonville East, FL cost?

Median Sold Price

$356,737

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$18,816(+5.6%)

Key Takeaway

Homes in Jacksonville East have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Jacksonville East was $356,737 in June 2024, up 5.6% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $170K$174.9K
+2.9%
2 $233.3K$237.9K
+2.0%
3 $325.7K$344.9K
+5.9%
4 $473.4K$480K
+1.4%
5+ $679.5K$721.5K
+6.2%

Summary: Jacksonville East housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Cities

Ponte Vedra
+10.8%
Jacksonville East
+5.6%
Jacksonville Beach
+3.1%
Fruit Cove
-2.3%
Saint Johns
-3.7%

Housing Supply in Jacksonville East, FL

How many homes are available in Jacksonville East, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
2,6362,681+1.7%

Summary: The Jacksonville East real estate market had 2,681 homes for sale in June 2024, a 1.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 5765
+14.0%
2 473495
+4.7%
3 1,2201,231
+0.9%
4 704707
0.4%
5+ 182183
0.5%

Summary: The Jacksonville East housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 0.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
578478-17.3%

Asking Price vs. Sold Price

295 Homes Were Sold
Under Asking

118 Homes Were Sold
At Asking

65 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville East, you may be able to get a good deal. 61.7% of homes here sold below asking price last month.

Summary: A total of 478 homes were sold or pending in Jacksonville East in June 2024, down by 17.3% month-over-month. Of the 478 sold homes, 62% were sold under asking, 25% were sold at asking, and 14% were sold over asking.

Days on Market for Jacksonville East, FL

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

Average Sale Time

Jun 2023Jun 2024CHANGE
46 Days41 Days-9.8%

Summary: Homes in Jacksonville East had an average of 41 days on market in Jun 2024, down by 9.8% compared to last year.

Breakdown of Home Sale Times

283 Homes Were Sold
Under 30 Days

128 Homes Were Sold
In 30 - 90 Days

67 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 478 homes were sold in Jacksonville East; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% 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

Newest Listings in Jacksonville East, FL

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