Is Jacksonville South, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jacksonville South has remained a Seller's Market.
Key Takeaway
Jacksonville South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville South, FL
How much do homes in Jacksonville South, FL cost?
Median Sold Price
$360,500
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jacksonville South have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Jacksonville South was $360,500 in April 2024, up 16.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $251.5K | $301K | +19.6% |
| 3 Bedrooms | $318K | $340K | +6.9% |
| 4 Bedrooms | $350.7K | $379K | +8.1% |
| 5+ Bedrooms | $309.9K | $550K | +77.5% |
Summary: Jacksonville South housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 77.5%.
Housing Supply in Jacksonville South, FL
How many homes are available in Jacksonville South, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Jacksonville South real estate market had 6 homes for sale in April 2024, a 33.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jacksonville South housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville South, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Jacksonville South in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Jacksonville South, FL
How long does it take to sell a home in Jacksonville South, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 19 Days | -56.8% |
Summary: Homes in Jacksonville South had an average of 19 days on market in Apr 2024, down by 56.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville South are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Jacksonville South; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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