Is Jacksonville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Jacksonville has remained a Seller's Market.

Key Takeaway

Jacksonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jacksonville, NC

How much do homes in Jacksonville, NC cost?

Median Sold Price

$250,080

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,876(+2.0%)

Key Takeaway

Homes in Jacksonville have sold for 2% more than they did a year ago.

Summary: The median home sold price in Jacksonville was $250,080 in November 2024, up 2% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $153K$158K
+3.3%
3 $234.9K$240K
+2.1%
4 $302.7K$323.7K
+6.9%
5+ $405K$420K
+3.7%

Summary: Jacksonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Cities

Jacksonville
+2.0%
Jacksonville Township
+1.7%
Midway Park
-2.3%

Housing Supply in Jacksonville, NC

How many homes are available in Jacksonville, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
622565-9.2%

Summary: The Jacksonville real estate market had 565 homes for sale in November 2024, a 9.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 5346
-13.2%
3 370329
-11.1%
4 169158
-6.5%
5+ 2931
+6.9%

Summary: The Jacksonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 6.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
158131-17.1%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

53 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville, expect to pay close to the asking price. 40.5% of homes here sold near the asking price last month.

Summary: A total of 131 homes were sold or pending in Jacksonville in November 2024, down by 17.1% month-over-month. Of the 131 sold homes, 39% were sold under asking, 40% were sold at asking, and 21% were sold over asking.

Days on Market for Jacksonville, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days42 Days+59.4%

Summary: Homes in Jacksonville had an average of 42 days on market in Nov 2024, up by 59.4% compared to last year.

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jacksonville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 131 homes were sold in Jacksonville; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

Newest Listings in Jacksonville, NC

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