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 July 2021

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.

How much do homes in Jacksonville East, FL cost?

Median Sold Price

$317,525

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$55,447(+21.2%)

Key Takeaway

Homes in Jacksonville East have sold for 21.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $119.9K$154.9K
+29.2%
2 $164.9K$205K
+24.3%
3 $250.8K$309.7K
+23.5%
4 $351.6K$425.1K
+20.9%
5+ $495K$617.1K
+24.7%

Median Sold Price Compared To Nearby Cities

Fruit Cove
+24.5%
Ponte Vedra
+24.3%
Jacksonville Beach
+23.9%
Saint Johns
+23.7%
Jacksonville East
+21.2%

How many homes are available in Jacksonville East, FL?

Number of Homes For Sale

Jun 2022Jul 2022%
2,0962,111+0.7%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 4947
-4.1%
2 325311
-4.3%
3 1,0441,061
+1.6%
4 526532
+1.1%
5+ 152160
+5.3%

Number of Homes Sold

Jun 2022Jul 2022%
659521-20.9%

Asking Price vs. Sold Price

195 Homes Were Sold
Under Asking

131 Homes Were Sold
At Asking

195 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. 37.4% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
25 Days23 Days-7.9%

Breakdown of Home Sale Times

374 Homes Were Sold
Under 30 Days

129 Homes Were Sold
In 30 - 90 Days

18 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.

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

About Jacksonville East, FL

Jacksonville East, FL has 2,111 homes for sale to choose from. The inventory of homes for sale in Jacksonville East, FL between June 2022 and July 2022 increased by 0.7%. In July 2022 median list price was $317,525 and the average listing age was 23 days. This housing market listing prices have changed between June 2022 and July 2022: the cost of 1 bedroom properties went up by 29.2%, 2 bedrooms properties prices increased by 24.3%, prices of 3 bedrooms properties went up by 23.5%, prices of 4 bedrooms properties increased by 20.9%, 5 bedrooms properties prices increased by 24.7%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 4.1%, 2 bedrooms homes inventory decreased by 4.3%, the quantity of 3 bedrooms homes went up by 1.6%, the quantity of 4 bedrooms homes went up by 1.1%, number of 5 bedrooms homes increased by 5.3%. In July 2022 more than 195 listings in Jacksonville East, FL were sold above the asking price. During the same period more than 131 listings were sold at asking price, while more than 195 were sold below.

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