Is Jacksonville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$244,706
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jacksonville have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Jacksonville was $244,706 in March 2024, up 2.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $31.2K | - | N/A |
| 2 Bedrooms | $137.8K | $154K | +11.7% |
| 3 Bedrooms | $223.4K | $233.2K | +4.4% |
| 4 Bedrooms | $302.5K | $304.3K | +0.6% |
| 5+ Bedrooms | $400K | $406K | +1.5% |
Summary: Jacksonville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
| Midway Park | $280K | $305K | +8.9% |
| Jacksonville Township | $233.6K | $245.2K | +4.9% |
| Jacksonville | $237.8K | $244.7K | +2.9% |
Housing Supply in Jacksonville, NC
How many homes are available in Jacksonville, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 530 | 519 | -2.1% |
Summary: The Jacksonville real estate market had 519 homes for sale in March 2024, a 2.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 49 | 50 | +2.0% |
| 3 Bedrooms | 312 | 309 | -1.0% |
| 4 Bedrooms | 156 | 153 | -1.9% |
| 5+ Bedrooms | 13 | 7 | -46.2% |
Summary: The Jacksonville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 46.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 139 | 136 | -2.2% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
57 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.
Summary: A total of 136 homes were sold or pending in Jacksonville in March 2024, down by 2.2% month-over-month. Of the 136 sold homes, 43% were sold under asking, 42% were sold at asking, and 15% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 34 Days | +24.5% |
Summary: Homes in Jacksonville had an average of 34 days on market in Mar 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
90 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 136 homes were sold in Jacksonville; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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