$3,681 Closing Credit*
$309,990
2,020 SqFt
3 Beds
•2 Full Baths
Nora Pruitt, Listing Office: WJH Brokerage FL LLC
Is Jay, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Jay has remained a Seller's Market.
Key Takeaway
Jay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jay, FL
How much do homes in Jay, FL cost?
Median Sold Price
$291,990
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,000(+6.6%)
Key Takeaway
Homes in Jay have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Jay was $291,990 in October 2024, up 6.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | - | N/A |
| 2 Bedrooms | $186K | $70.5K | -62.1% |
| 3 Bedrooms | $250K | $284K | +13.6% |
| 4 Bedrooms | $283.9K | $409.9K | +44.3% |
| 5+ Bedrooms | $672.9K | $539.9K | -19.8% |
Summary: Jay 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 decreased by 62.1%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 44.3%, and 5+ bedroom homes decreased by 19.8%.
Housing Supply in Jay, FL
How many homes are available in Jay, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 46 | +9.5% |
Summary: The Jay real estate market had 46 homes for sale in October 2024, a 9.5% increase 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Jay 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 14.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jay, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Jay in October 2024, up by 150.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Jay, FL
How long does it take to sell a home in Jay, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 45 Days | -22.1% |
Summary: Homes in Jay had an average of 45 days on market in Oct 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jay are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Jay; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
