Is Jacksonville West, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville West is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Jacksonville West has remained a Seller's Market.

Key Takeaway

Jacksonville West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Jacksonville West, FL cost?

Median Sold Price

$229,954

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$41,502(+22.0%)

Key Takeaway

Homes in Jacksonville West have sold for 22% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $89.8K$124K
+38.0%
2 $125.1K$150K
+19.9%
3 $179K$220.1K
+23.0%
4 $245K$300.2K
+22.5%
5+ $287.8K$359.8K
+25.0%

Median Sold Price Compared To Nearby Cities

Middleburg-Clay Hill
+27.3%
Jacksonville West
+22.0%
Jacksonville East
+21.1%
Jacksonville
+18.9%
Orange Park
+18.0%

How many homes are available in Jacksonville West, FL?

Number of Homes For Sale

Jul 2022Aug 2022%
1,8491,909+3.2%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 1110
-9.1%
2 307293
-4.6%
3 1,0211,065
+4.3%
4 415438
+5.5%
5+ 95103
+8.4%

Number of Homes Sold

Jul 2022Aug 2022%
434372-14.3%

Asking Price vs. Sold Price

170 Homes Were Sold
Under Asking

104 Homes Were Sold
At Asking

98 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville West, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
29 Days30 Days+5.4%

Breakdown of Home Sale Times

227 Homes Were Sold
Under 30 Days

120 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jacksonville West are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Jacksonville West, FL

There are 1,909 homes are for sale in Jacksonville West, FL real estate market. Between July 2022 and August 2022, Jacksonville West, FL real estate market has seen increase in the number of listings by 3.2%. In August 2022 median list price was $229,954 and the average listing age was 30 days. Between July 2022 and August 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 38% more expensive, 2 bedrooms properties prices increased by 19.9%, the cost of 3 bedrooms properties went up by 23%, 4 bedrooms properties prices increased by 22.5%, 5 bedrooms properties became 25% more expensive. This housing market inventory have changed: volume of 1 bedroom homes went down by 9.1%, 2 bedrooms homes became 4.6% less available, the quantity of 3 bedrooms homes went up by 4.3%, 4 bedrooms homes became 5.5% more available, 5 bedrooms homes inventory increased by 8.4%. While more than 98 listings in Jacksonville West, FL in August 2022 were sold above asking price, there were more than 104 listings sold at asking price, and more than 170 were sold below.

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