$60,000
0.30 Acres
Land
MOE MOSSA, Listing Office: SAVVY AVENUE, LLC.
Is Northwest Jacksonville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Northwest Jacksonville was a Seller's Market.
Key Takeaway
Northwest Jacksonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northwest Jacksonville, FL
How much do homes in Northwest Jacksonville, FL cost?
Median Sold Price
$226,841
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,768(+0.8%)
Key Takeaway
Homes in Northwest Jacksonville have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Northwest Jacksonville was $226,841 in November 2024, up 0.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $137.5K | +1.9% |
| 2 Bedrooms | $159.4K | $175.5K | +10.0% |
| 3 Bedrooms | $210.6K | $210K | -0.3% |
| 4 Bedrooms | $299K | $296.5K | -0.8% |
| 5+ Bedrooms | $345K | $317.5K | -8.0% |
Summary: Northwest Jacksonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Neighborhoods
| Magnolia Gardens | $130K | $159K | +22.3% |
| Northwest Jacksonville | $225K | $226.8K | +0.8% |
Housing Supply in Northwest Jacksonville, FL
How many homes are available in Northwest Jacksonville, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,009 | 1,049 | +4.0% |
Summary: The Northwest Jacksonville real estate market had 1,049 homes for sale in November 2024, a 4.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 144 | 160 | +11.1% |
| 3 Bedrooms | 565 | 578 | +2.3% |
| 4 Bedrooms | 230 | 238 | +3.5% |
| 5+ Bedrooms | 61 | 65 | +6.6% |
Summary: The Northwest Jacksonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 6.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 144 | 97 | -32.6% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Jacksonville, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 97 homes were sold or pending in Northwest Jacksonville in November 2024, down by 32.6% month-over-month. Of the 97 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Northwest Jacksonville, FL
How long does it take to sell a home in Northwest Jacksonville, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 59 Days | -17.7% |
Summary: Homes in Northwest Jacksonville had an average of 59 days on market in Nov 2024, down by 17.7% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northwest Jacksonville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 97 homes were sold in Northwest Jacksonville; 48% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.