$5,164 Closing Credit*
$434,900
1,670 SqFt
4 Beds
•2 Full Baths
DANIEL DANYUS, Listing Office: JWB REALTY 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 October 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
$227,850
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,850(+1.3%)
Key Takeaway
Homes in Northwest Jacksonville have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Northwest Jacksonville was $227,850 in October 2024, up 1.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $137.5K | +1.9% |
| 2 Bedrooms | $155K | $180.6K | +16.6% |
| 3 Bedrooms | $209.6K | $210K | 0.2% |
| 4 Bedrooms | $299K | $299.8K | 0.3% |
| 5+ Bedrooms | $345K | $329K | -4.6% |
Summary: Northwest Jacksonville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Magnolia Gardens | $137.5K | $150K | +9.1% |
| Northwest Jacksonville | $225K | $227.8K | +1.3% |
Housing Supply in Northwest Jacksonville, FL
How many homes are available in Northwest Jacksonville, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 976 | 1,067 | +9.3% |
Summary: The Northwest Jacksonville real estate market had 1,067 homes for sale in October 2024, a 9.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 140 | 149 | +6.4% |
| 3 Bedrooms | 543 | 596 | +9.8% |
| 4 Bedrooms | 231 | 249 | +7.8% |
| 5+ Bedrooms | 54 | 64 | +18.5% |
Summary: The Northwest Jacksonville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 135 | 122 | -9.6% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
24 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. 59% of homes here sold below asking price last month.
Summary: A total of 122 homes were sold or pending in Northwest Jacksonville in October 2024, down by 9.6% month-over-month. Of the 122 sold homes, 59% were sold under asking, 21% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 72 Days | +33.6% |
Summary: Homes in Northwest Jacksonville had an average of 72 days on market in Oct 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
42 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 October 2024, 122 homes were sold in Northwest Jacksonville; 39% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
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