FL · Metro #40

Jacksonville - FL housing market

The Jacksonville metro has a typical home value of $352,994, down 1.7% from a year ago. Homes are sitting 43 days on average - buyers have negotiating room. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$352,994
-1.7% vs. year ago
Median sale price
$350,087
+0.8% YoY
Median list price
$390,000
Sale-to-list ratio
96.5%
Selling below ask
Days on market
43d
Listings w/ price cut
27.1%
New listings / mo
2,670
-11.1% YoY
Homes for sale
10,886
-13.4% YoY
Typical rent
$1,701/mo
+0.7% YoY
Context

How to read this data

The typical home value ($352,994) is the Zillow Home Value Index for the Jacksonville - FL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 1.7% over the past year. A home worth $359,099 last year is now worth roughly $352,994.

The median sale price , what homes actually close for , is $350,087. Homes are selling at 96.5% of list price, meaning buyers have room to negotiate.

Homes listed in Jacksonville - FL sit on the market for roughly 43 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,670 new listings hit the market each month in Jacksonville - FL. There are currently 10,886 homes for sale, down 13.4% from a year ago.

The typical monthly rent in Jacksonville - FL is $1,701, up 0.7% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in FL

MetroHome value1-yr changeDays on market
Miami - FL$475,622 -2.9% 52.0d
Tampa - FL$360,738 -3.4% 34.0d
Orlando - FL$387,733 -3.1% 33.0d
North Port - FL$403,601 -6.2% 50.0d
Cape Coral - FL$339,372 -7.3% 66.0d
Lakeland - FL$298,816 -3.2% 44.0d
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