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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Jacksonville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

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

+$10,289(+2.9%)

Key Takeaway

Homes in Southeast Jacksonville have sold for 2.9% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $171K$175K
+2.3%
2 $240K$247.7K
+3.2%
3 $350K$355K
+1.4%
4 $515.1K$526K
+2.1%
5+ $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 2024Apr 2024CHANGE
1,5261,642+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

# BEDSMar 2024Apr 2024CHANGE
1 5459
+9.3%
2 334365
+9.3%
3 686732
+6.7%
4 332357
+7.5%
5+ 120129
+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 2024Apr 2024CHANGE
306335+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Jacksonville, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
73 Days47 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 16 Days Ago

Newest Listings in Southeast Jacksonville, FL

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