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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville North is a neutral's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

Jacksonville North is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Jacksonville North, FL cost?

Median Sold Price

$343,238

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$55,175(+19.2%)

Key Takeaway

Homes in Jacksonville North have sold for 19.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $85K$126K
+48.2%
2 $166.2K$196.4K
+18.2%
3 $257.7K$294.5K
+14.3%
4 $309.7K$379.9K
+22.6%
5+ $369.9K$467.5K
+26.4%

Median Sold Price Compared To Nearby Cities

Yulee
+21.4%
Jacksonville North
+19.2%
Jacksonville West
+17.4%
Jacksonville
+15.3%
Callahan-Hilliard
+8.6%

How many homes are available in Jacksonville North, FL?

Number of Homes For Sale

Nov 2022Dec 2022%
492482-2.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 2322
-4.3%
3 245232
-5.3%
4 183186
+1.6%
5+ 4142
+2.4%

Number of Homes Sold

Nov 2022Dec 2022%
7677+1.3%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

20 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 North, you may be able to get a good deal. 64.9% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
24 Days66 Days+170.6%

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jacksonville North 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 North, FL

Number of homes for sale in Jacksonville North, FL real estate market have reached 482. In December 2022 in Jacksonville North, FL there were 2% less homes for sale than in November 2022. The median list price of listings available in December 2022 was $343,238, while the average time on the real estate market was 66 days. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 48.2%, prices of 2 bedrooms properties went up by 18.2%, prices of 3 bedrooms properties went up by 14.3%, prices of 4 bedrooms properties went up by 22.6%, prices of 5 bedrooms properties went up by 26.4%. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 4.3%, the quantity of 3 bedrooms homes went down by 5.3%, 4 bedrooms homes inventory increased by 1.6%, 5 bedrooms homes became 2.4% more available. While more than 7 listings in Jacksonville North, FL in December 2022 were sold above asking price, there were more than 20 listings sold at asking price, and more than 50 were sold below.

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