Is Jacksonville East, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Jacksonville East has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $174.9K | +2.9% |
2 Bedrooms | $233.3K | $237.9K | +2.0% |
3 Bedrooms | $325.7K | $344.9K | +5.9% |
4 Bedrooms | $473.4K | $480K | +1.4% |
5+ Bedrooms | $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 | $699.9K | $775.2K | +10.8% |
Jacksonville East | $337.9K | $356.7K | +5.6% |
Jacksonville Beach | $630.6K | $650K | +3.1% |
Fruit Cove | $557.4K | $544.8K | -2.3% |
Saint Johns | $545.2K | $524.8K | -3.7% |
Housing Supply in Jacksonville East, FL
How many homes are available in Jacksonville East, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2,636 | 2,681 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 57 | 65 | +14.0% |
2 Bedrooms | 473 | 495 | +4.7% |
3 Bedrooms | 1,220 | 1,231 | +0.9% |
4 Bedrooms | 704 | 707 | 0.4% |
5+ Bedrooms | 182 | 183 | 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 2024 | Jun 2024 | CHANGE |
---|---|---|
578 | 478 | -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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
46 Days | 41 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
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.