Is Jacksonville North, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jacksonville North has remained a Seller's Market.
Key Takeaway
Jacksonville North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville North, FL
How much do homes in Jacksonville North, FL cost?
Median Sold Price
$319,971
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jacksonville North have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Jacksonville North was $319,971 in March 2024, down 3.4% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | - | N/A |
| 2 Bedrooms | $229.8K | $197K | -14.3% |
| 3 Bedrooms | $290.2K | $289.7K | -0.1% |
| 4 Bedrooms | $380K | $350K | -7.9% |
| 5+ Bedrooms | $457.5K | $407.5K | -10.9% |
Summary: Jacksonville North housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Callahan-Hilliard | $331.3K | $402K | +21.3% |
| Jacksonville West | $243.6K | $245.8K | +0.9% |
| Jacksonville | $299.9K | $300.6K | 0.2% |
| Yulee | $396.7K | $395.9K | -0.2% |
| Jacksonville North | $331.2K | $319.9K | -3.4% |
Housing Supply in Jacksonville North, FL
How many homes are available in Jacksonville North, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 518 | 531 | +2.5% |
Summary: The Jacksonville North real estate market had 531 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 261 | 254 | -2.7% |
| 4 Bedrooms | 196 | 211 | +7.7% |
| 5+ Bedrooms | 43 | 46 | +7.0% |
Summary: The Jacksonville North housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 | 100 | -1.0% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville North, you may be able to get a good deal. 54% of homes here sold below asking price last month.
Summary: A total of 100 homes were sold or pending in Jacksonville North in March 2024, down by 1.0% month-over-month. Of the 100 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 68 Days | -6.3% |
Summary: Homes in Jacksonville North had an average of 68 days on market in Mar 2024, down by 6.3% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville North are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 100 homes were sold in Jacksonville North; 42% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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