Is Jacksonville West, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Jacksonville West was a Seller's Market.
Housing Prices in Jacksonville West, FL
How much do homes in Jacksonville West, FL cost?
Median Sold Price
$245,879
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jacksonville West was $245,879 in March 2024, up 0.9% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137.9K | $135K | -2.1% |
2 Bedrooms | $156.8K | $164.5K | +4.9% |
3 Bedrooms | $235.4K | $239.9K | +1.9% |
4 Bedrooms | $313.7K | $305K | -2.8% |
5+ Bedrooms | $350K | $354.6K | +1.3% |
Summary: Jacksonville West housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
Orange Park | $320.4K | $335K | +4.5% |
Jacksonville East | $345.1K | $349.8K | +1.4% |
Middleburg-Clay Hill | $359.2K | $362.9K | +1.0% |
Jacksonville West | $243.6K | $245.8K | +0.9% |
Jacksonville | $299.9K | $300.6K | 0.2% |
Housing Supply in Jacksonville West, FL
How many homes are available in Jacksonville West, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,929 | 2,157 | +11.8% |
Summary: The Jacksonville West real estate market had 2,157 homes for sale in March 2024, a 11.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 24 | +20.0% |
2 Bedrooms | 247 | 288 | +16.6% |
3 Bedrooms | 1,067 | 1,199 | +12.4% |
4 Bedrooms | 499 | 546 | +9.4% |
5+ Bedrooms | 96 | 100 | +4.2% |
Summary: The Jacksonville West housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
293 | 345 | +17.7% |
Asking Price vs. Sold Price
197 Homes Were Sold
Under Asking
94 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 345 homes were sold or pending in Jacksonville West in March 2024, up by 17.7% month-over-month. Of the 345 sold homes, 57% were sold under asking, 27% were sold at asking, and 16% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 56 Days | -13.4% |
Summary: Homes in Jacksonville West had an average of 56 days on market in Mar 2024, down by 13.4% compared to last year.
Breakdown of Home Sale Times
152 Homes Were Sold
Under 30 Days
109 Homes Were Sold
In 30 - 90 Days
84 Homes Were Sold
Over 90 Days
Summary: During March 2024, 345 homes were sold in Jacksonville West; 44% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.