Is Jacksonville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Jacksonville has remained a Seller's Market.
Housing Prices in Jacksonville, NC
How much do homes in Jacksonville, NC cost?
Median Sold Price
$243,208
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Jacksonville was $243,208 in February 2024, up 3.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $31.2K | - | N/A |
2 Bedrooms | $135K | $153.3K | +13.6% |
3 Bedrooms | $218.9K | $230.9K | +5.5% |
4 Bedrooms | $300K | $303.1K | +1.1% |
5+ Bedrooms | $399K | $410K | +2.8% |
Summary: Jacksonville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
Midway Park | $252.5K | $309.2K | +22.5% |
Jacksonville Township | $230.2K | $244.8K | +6.3% |
Jacksonville | $235.2K | $243.2K | +3.4% |
Housing Supply in Jacksonville, NC
How many homes are available in Jacksonville, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
507 | 499 | -1.6% |
Summary: The Jacksonville real estate market had 499 homes for sale in February 2024, a 1.6% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 57 | 45 | -21.1% |
3 Bedrooms | 299 | 296 | -1.0% |
4 Bedrooms | 140 | 145 | +3.6% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Jacksonville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
138 | 132 | -4.3% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 132 homes were sold or pending in Jacksonville in February 2024, down by 4.3% month-over-month. Of the 132 sold homes, 40% were sold under asking, 36% were sold at asking, and 23% were sold over asking.
Days on Market for Jacksonville, NC
How long does it take to sell a home in Jacksonville, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
33 Days | 38 Days | +15.1% |
Summary: Homes in Jacksonville had an average of 38 days on market in Feb 2024, up by 15.1% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
48 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During February 2024, 132 homes were sold in Jacksonville; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.