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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Jacksonville is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Southeast Jacksonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Southeast Jacksonville, FL

How much do homes in Southeast Jacksonville, FL cost?

Median Sold Price

$374,018

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,493(+6.7%)

Key Takeaway

Homes in Southeast Jacksonville have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Southeast Jacksonville was $374,018 in November 2024, up 6.7% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172K$165K
-4.1%
2 $245K$233.1K
-4.9%
3 $346.2K$360K
+4.0%
4 $525K$521K
-0.8%
5+ $713.9K$796.6K
+11.6%

Summary: Southeast Jacksonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 11.6%.

Housing Supply in Southeast Jacksonville, FL

How many homes are available in Southeast Jacksonville, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,5741,611+2.4%

Summary: The Southeast Jacksonville real estate market had 1,611 homes for sale in November 2024, a 2.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4248
+14.3%
2 387419
+8.3%
3 668673
+0.7%
4 372356
-4.3%
5+ 105115
+9.5%

Summary: The Southeast Jacksonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
276199-27.9%

Asking Price vs. Sold Price

137 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Jacksonville, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 199 homes were sold or pending in Southeast Jacksonville in November 2024, down by 27.9% month-over-month. Of the 199 sold homes, 69% were sold under asking, 21% were sold at asking, and 10% were sold over asking.

Days on Market for Southeast Jacksonville, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
57 Days62 Days+9.4%

Summary: Homes in Southeast Jacksonville had an average of 62 days on market in Nov 2024, up by 9.4% compared to last year.

Breakdown of Home Sale Times

75 Homes Were Sold
Under 30 Days

77 Homes Were Sold
In 30 - 90 Days

47 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 199 homes were sold in Southeast Jacksonville; 38% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 24% 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 21 Days Ago

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