Is Jacksonville North, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jacksonville North has remained a Seller's Market.
Key Takeaway
Jacksonville North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville North, FL
How much do homes in Jacksonville North, FL cost?
Median Sold Price
$323,248
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jacksonville North have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in Jacksonville North was $323,248 in May 2024, down 0.5% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $197K | -14.3% |
| 3 Bedrooms | $285K | $290K | +1.7% |
| 4 Bedrooms | $370.1K | $352.2K | -4.8% |
| 5+ Bedrooms | $450K | $404.9K | -10.0% |
Summary: Jacksonville North housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
| Callahan-Hilliard | $339K | $413.7K | +22.0% |
| Jacksonville | $299.2K | $304.9K | +1.9% |
| Yulee | $396.9K | $399.9K | +0.8% |
| Jacksonville West | $244.9K | $245K | 0.0% |
| Jacksonville North | $324.9K | $323.2K | -0.5% |
Housing Supply in Jacksonville North, FL
How many homes are available in Jacksonville North, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 569 | 589 | +3.5% |
Summary: The Jacksonville North real estate market had 589 homes for sale in May 2024, a 3.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 274 | 280 | +2.2% |
| 4 Bedrooms | 226 | 236 | +4.4% |
| 5+ Bedrooms | 41 | 43 | +4.9% |
Summary: The Jacksonville North housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 4.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 101 | 111 | +9.9% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville North, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.
Summary: A total of 111 homes were sold or pending in Jacksonville North in May 2024, up by 9.9% month-over-month. Of the 111 sold homes, 59% were sold under asking, 25% were sold at asking, and 16% were sold over asking.
Days on Market for Jacksonville North, FL
How long does it take to sell a home in Jacksonville North, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 76 Days | 57 Days | -24.2% |
Summary: Homes in Jacksonville North had an average of 57 days on market in May 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville North are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 111 homes were sold in Jacksonville North; 45% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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