Is Jacksonville Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jacksonville Beach was a Seller's Market.
Key Takeaway
Jacksonville Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Jacksonville Beach, FL
How much do homes in Jacksonville Beach, FL cost?
Median Sold Price
$639,750
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jacksonville Beach have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Jacksonville Beach was $639,750 in May 2024, up 1.1% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $286.6K | +24.6% |
| 2 Bedrooms | $450K | $487.5K | +8.3% |
| 3 Bedrooms | $623.6K | $628.6K | +0.8% |
| 4 Bedrooms | $845K | $890K | +5.3% |
| 5+ Bedrooms | $1.0M | $1.3M | +34.2% |
Summary: Jacksonville Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 34.2%.
Median Sold Price Compared To Nearby Cities
| Ponte Vedra | $702.6K | $767.5K | +9.2% |
| Jacksonville East | $340.1K | $355.4K | +4.5% |
| Jacksonville Beach | $632.8K | $639.7K | +1.1% |
| Jacksonville Beaches | $605K | $604.1K | -0.1% |
| Neptune Beach | $750K | $700K | -6.7% |
Housing Supply in Jacksonville Beach, FL
How many homes are available in Jacksonville Beach, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 302 | 291 | -3.6% |
Summary: The Jacksonville Beach real estate market had 291 homes for sale in May 2024, a 3.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 51 | 56 | +9.8% |
| 3 Bedrooms | 147 | 136 | -7.5% |
| 4 Bedrooms | 71 | 71 | 0.0% |
| 5+ Bedrooms | 22 | 16 | -27.3% |
Summary: The Jacksonville Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 65 | 46 | -29.2% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville Beach, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in Jacksonville Beach in May 2024, down by 29.2% month-over-month. Of the 46 sold homes, 61% were sold under asking, 24% were sold at asking, and 15% were sold over asking.
Days on Market for Jacksonville Beach, FL
How long does it take to sell a home in Jacksonville Beach, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 59 Days | 41 Days | -30.9% |
Summary: Homes in Jacksonville Beach had an average of 41 days on market in May 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville Beach are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 46 homes were sold in Jacksonville Beach; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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