Is Southeast Jacksonville, 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, Southeast Jacksonville has remained a Seller's Market.
Housing Prices in Southeast Jacksonville, FL
How much do homes in Southeast Jacksonville, FL cost?
Median Sold Price
$365,313
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southeast Jacksonville was $365,313 in April 2024, up 2.9% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $171K | $175K | +2.3% |
2 Bedrooms | $240K | $247.7K | +3.2% |
3 Bedrooms | $350K | $355K | +1.4% |
4 Bedrooms | $515.1K | $526K | +2.1% |
5+ Bedrooms | $676K | $749.5K | +10.9% |
Summary: Southeast Jacksonville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 10.9%.
Housing Supply in Southeast Jacksonville, FL
How many homes are available in Southeast Jacksonville, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,526 | 1,642 | +7.6% |
Summary: The Southeast Jacksonville real estate market had 1,642 homes for sale in April 2024, a 7.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 54 | 59 | +9.3% |
2 Bedrooms | 334 | 365 | +9.3% |
3 Bedrooms | 686 | 732 | +6.7% |
4 Bedrooms | 332 | 357 | +7.5% |
5+ Bedrooms | 120 | 129 | +7.5% |
Summary: The Southeast Jacksonville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 7.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
306 | 335 | +9.5% |
Asking Price vs. Sold Price
219 Homes Were Sold
Under Asking
71 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Summary: A total of 335 homes were sold or pending in Southeast Jacksonville in April 2024, up by 9.5% month-over-month. Of the 335 sold homes, 65% were sold under asking, 21% were sold at asking, and 13% were sold over asking.
Days on Market for Southeast Jacksonville, FL
How long does it take to sell a home in Southeast Jacksonville, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 47 Days | -34.7% |
Summary: Homes in Southeast Jacksonville had an average of 47 days on market in Apr 2024, down by 34.7% compared to last year.
Breakdown of Home Sale Times
185 Homes Were Sold
Under 30 Days
96 Homes Were Sold
In 30 - 90 Days
54 Homes Were Sold
Over 90 Days
Summary: During April 2024, 335 homes were sold in Southeast Jacksonville; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.