$4,334 Closing Credit*
$365,000
1,380 SqFt
3 Beds
•2 Full Baths
MEKHI ISAIAH MOHAMAD, Listing Office: GAILEY ENTERPRISES LLC
Is Southeast 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, Southeast Jacksonville was a Seller's Market.
Key Takeaway
Southeast Jacksonville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southeast Jacksonville, FL
How much do homes in Southeast Jacksonville, FL cost?
Median Sold Price
$370,950
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,808(+5.9%)
Key Takeaway
Homes in Southeast Jacksonville have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Southeast Jacksonville was $370,950 in October 2024, up 5.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170.7K | $169K | -1.0% |
| 2 Bedrooms | $243.9K | $236.1K | -3.2% |
| 3 Bedrooms | $346.5K | $356.8K | +3.0% |
| 4 Bedrooms | $520.1K | $525K | +0.9% |
| 5+ Bedrooms | $706.7K | $797.5K | +12.8% |
Summary: Southeast Jacksonville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 12.8%.
Housing Supply in Southeast Jacksonville, FL
How many homes are available in Southeast Jacksonville, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,554 | 1,644 | +5.8% |
Summary: The Southeast Jacksonville real estate market had 1,644 homes for sale in October 2024, a 5.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 42 | 47 | +11.9% |
| 2 Bedrooms | 360 | 414 | +15.0% |
| 3 Bedrooms | 681 | 701 | +2.9% |
| 4 Bedrooms | 371 | 377 | +1.6% |
| 5+ Bedrooms | 100 | 105 | +5.0% |
Summary: The Southeast Jacksonville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 261 | 250 | -4.2% |
Asking Price vs. Sold Price
163 Homes Were Sold
Under Asking
65 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Jacksonville, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 250 homes were sold or pending in Southeast Jacksonville in October 2024, down by 4.2% month-over-month. Of the 250 sold homes, 65% were sold under asking, 26% were sold at asking, and 9% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 58 Days | +16.8% |
Summary: Homes in Southeast Jacksonville had an average of 58 days on market in Oct 2024, up by 16.8% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
81 Homes Were Sold
In 30 - 90 Days
53 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Jacksonville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 250 homes were sold in Southeast Jacksonville; 46% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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