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 January 2023

Since last year, Jacksonville North has remained a Neutral 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.

Housing Prices in Jacksonville North, FL

How much do homes in Jacksonville North, FL cost?

Median Sold Price

$317,840

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$15,405(-4.6%)

Key Takeaway

Homes in Jacksonville North have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Jacksonville North was $317,840 in January 2024, down 4.6% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $126K-
N/A
2 $229.9K$195K
-15.2%
3 $289.9K$287.9K
-0.7%
4 $377.3K$349.9K
-7.3%
5+ $450K$412.5K
-8.3%

Summary: Jacksonville North housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Cities

Callahan-Hilliard
+8.6%
Jacksonville West
+2.2%
Jacksonville
0.1%
Yulee
-3.4%
Jacksonville North
-4.6%

Housing Supply in Jacksonville North, FL

How many homes are available in Jacksonville North, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
432459+6.3%

Summary: The Jacksonville North real estate market had 459 homes for sale in January 2024, a 6.3% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 216233
+7.9%
4 167172
+3.0%
5+ 3540
+14.3%

Summary: The Jacksonville North housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
7971-10.1%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

14 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. 46.5% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in Jacksonville North in January 2024, down by 10.1% month-over-month. Of the 71 sold homes, 46% were sold under asking, 34% were sold at asking, and 20% were sold over asking.

Days on Market for Jacksonville North, FL

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

Average Sale Time

Jan 2023Jan 2024CHANGE
68 Days68 Days+1.2%

Summary: Homes in Jacksonville North had an average of 68 days on market in Jan 2024, up by 1.2% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jacksonville North has remained consistent over time.

Summary: During January 2024, 71 homes were sold in Jacksonville North; 37% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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 23 Days Ago

Newest Listings in Jacksonville North, FL

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