$2,672 Closing Credit*
$225,000
1,056 SqFt
3 Beds
•2 Full Baths
CHRISTOPHER T SNOW, Listing Office: LPT REALTY LLC
Is Jacksonville South, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jacksonville South was a Buyer's Market.
Key Takeaway
Jacksonville South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville South, FL
How much do homes in Jacksonville South, FL cost?
Median Sold Price
$359,500
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+7.3%)
Key Takeaway
Homes in Jacksonville South have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Jacksonville South was $359,500 in October 2024, up 7.3% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $301K | +20.4% |
| 3 Bedrooms | $320K | $345K | +7.8% |
| 4 Bedrooms | $362K | $380K | +5.0% |
| 5+ Bedrooms | - | $550K | N/A |
Summary: Jacksonville South 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 20.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.
Housing Supply in Jacksonville South, FL
How many homes are available in Jacksonville South, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The Jacksonville South real estate market had 15 homes for sale in October 2024, a 11.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jacksonville South 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville South, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Jacksonville South in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Jacksonville South, FL
How long does it take to sell a home in Jacksonville South, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 387 Days | 75 Days | -80.4% |
Summary: Homes in Jacksonville South had an average of 75 days on market in Oct 2024, down by 80.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville South are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Jacksonville South; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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