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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville North is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Jacksonville North 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 North, FL

How much do homes in Jacksonville North, FL cost?

Median Sold Price

$320,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$542(+0.2%)

Key Takeaway

The sold price of homes in Jacksonville North has remained the same since last year.

Summary: The median home sold price in Jacksonville North was $320,000 in October 2024, up 0.2% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $207K$208K
0.5%
3 $289.2K$280K
-3.2%
4 $351.5K$356.5K
+1.4%
5+ $417K$419.9K
+0.7%

Summary: Jacksonville North housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Yulee
+8.8%
Callahan-Hilliard
+6.9%
Jacksonville
+3.0%
Jacksonville West
+1.2%
Jacksonville North
0.2%

Housing Supply in Jacksonville North, FL

How many homes are available in Jacksonville North, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
521560+7.5%

Summary: The Jacksonville North real estate market had 560 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1721
+23.5%
3 263270
+2.7%
4 186214
+15.1%
5+ 5555
0.0%

Summary: The Jacksonville North housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7286+19.4%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville North, you may be able to get a good deal. 57% of homes here sold below asking price last month.

Summary: A total of 86 homes were sold or pending in Jacksonville North in October 2024, up by 19.4% month-over-month. Of the 86 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% were sold over asking.

Days on Market for Jacksonville North, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days70 Days+7.6%

Summary: Homes in Jacksonville North had an average of 70 days on market in Oct 2024, up by 7.6% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jacksonville North has remained consistent over time.

Summary: During October 2024, 86 homes were sold in Jacksonville North; 31% of homes were sold within 30 days, 52% 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 16 Days Ago

Newest Listings in Jacksonville North, FL

Nearby Markets to Jacksonville North, FL

What housing markets are near Jacksonville North, FL?