Is Jacksonville West, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Jacksonville West was a Seller's Market.
Key Takeaway
Jacksonville West 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 West, FL
How much do homes in Jacksonville West, FL cost?
Median Sold Price
$244,995
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
The sold price of homes in Jacksonville West has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129K | $135K | +4.7% |
| 2 Bedrooms | $161.4K | $160.6K | -0.5% |
| 3 Bedrooms | $236.3K | $238.7K | +1.0% |
| 4 Bedrooms | $311.3K | $305K | -2.0% |
| 5+ Bedrooms | $345K | $364.5K | +5.7% |
Summary: Jacksonville West housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Orange Park | $315K | $335.5K | +6.5% |
| Jacksonville East | $337.9K | $356.7K | +5.6% |
| Middleburg-Clay Hill | $349.9K | $365.7K | +4.5% |
| Jacksonville | $298.2K | $305.4K | +2.4% |
| Jacksonville West | $245K | $244.9K | 0% |
Housing Supply in Jacksonville West, FL
How many homes are available in Jacksonville West, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2,312 | 2,393 | +3.5% |
Summary: The Jacksonville West real estate market had 2,393 homes for sale in June 2024, a 3.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 33 | +57.1% |
| 2 Bedrooms | 280 | 294 | +5.0% |
| 3 Bedrooms | 1,254 | 1,278 | +1.9% |
| 4 Bedrooms | 631 | 656 | +4.0% |
| 5+ Bedrooms | 126 | 132 | +4.8% |
Summary: The Jacksonville West housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 447 | 368 | -17.7% |
Asking Price vs. Sold Price
191 Homes Were Sold
Under Asking
111 Homes Were Sold
At Asking
66 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville West, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 368 homes were sold or pending in Jacksonville West in June 2024, down by 17.7% month-over-month. Of the 368 sold homes, 52% were sold under asking, 30% were sold at asking, and 18% were sold over asking.
Days on Market for Jacksonville West, FL
How long does it take to sell a home in Jacksonville West, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 59 Days | 50 Days | -15.2% |
Summary: Homes in Jacksonville West had an average of 50 days on market in Jun 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
187 Homes Were Sold
Under 30 Days
124 Homes Were Sold
In 30 - 90 Days
57 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville West are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 368 homes were sold in Jacksonville West; 51% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.