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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville Beaches is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Jacksonville Beaches was a Seller's Market.

Key Takeaway

Jacksonville Beaches is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jacksonville Beaches, FL

How much do homes in Jacksonville Beaches, FL cost?

Median Sold Price

$618,139

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,889(+3.8%)

Key Takeaway

Homes in Jacksonville Beaches have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Jacksonville Beaches was $618,139 in October 2024, up 3.8% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $277.5K$339K
+22.2%
2 $416.2K$421.3K
+1.2%
3 $584.1K$612K
+4.8%
4 $904.3K$849.5K
-6.1%
5+ $1.3M$1.6M
+23.1%

Summary: Jacksonville Beaches housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Cities

Neptune Beach
+25.4%
Ponte Vedra
+9.4%
Jacksonville Beaches
+3.8%
Atlantic Beach
+3.4%
Jacksonville Beach
+2.2%

Housing Supply in Jacksonville Beaches, FL

How many homes are available in Jacksonville Beaches, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
417444+6.5%

Summary: The Jacksonville Beaches real estate market had 444 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 913
+44.4%
2 7987
+10.1%
3 183195
+6.6%
4 110110
0.0%
5+ 3639
+8.3%

Summary: The Jacksonville Beaches housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6061+1.7%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville Beaches, you may be able to get a good deal. 67.2% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Jacksonville Beaches in October 2024, up by 1.7% month-over-month. Of the 61 sold homes, 67% were sold under asking, 28% were sold at asking, and 5% were sold over asking.

Days on Market for Jacksonville Beaches, FL

How long does it take to sell a home in Jacksonville Beaches, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days47 Days+27.8%

Summary: Homes in Jacksonville Beaches had an average of 47 days on market in Oct 2024, up by 27.8% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 61 homes were sold in Jacksonville Beaches; 52% of homes were sold within 30 days, 31% 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 20 Days Ago

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