Is Jacksonville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

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

+$7,927(+3.4%)

Key Takeaway

Homes in Jacksonville have sold for 3.4% more than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 $31.2K-
N/A
2 $135K$153.3K
+13.6%
3 $218.9K$230.9K
+5.5%
4 $300K$303.1K
+1.1%
5+ $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
+22.5%
Jacksonville Township
+6.3%
Jacksonville
+3.4%

Housing Supply in Jacksonville, NC

How many homes are available in Jacksonville, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
507499-1.6%

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

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 5745
-21.1%
3 299296
-1.0%
4 140145
+3.6%
5+ 1113
+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 2024Feb 2024CHANGE
138132-4.3%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

48 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville, you may be able to get a good deal. 40.2% of homes here sold below asking price last month.

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 2023Feb 2024CHANGE
33 Days38 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 28 Days Ago

Newest Listings in Jacksonville, NC

Nearby Markets to Jacksonville, NC

What housing markets are near Jacksonville, NC?