FL · Metro #40

Jacksonville - FL housing market

The Jacksonville metro has a typical home value of $353,742, down 1.3% from a year ago. Homes are sitting 42 days on average, buyers have negotiating room. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$353,742
-1.3% vs. year ago
Median sale price
$349,931
+1.6% YoY
Median list price
$393,000
Sale-to-list ratio
96.8%
Selling below ask
Days on market
42d
Listings w/ price cut
27.6%
New listings / mo
2,637
-7.0% YoY
Homes for sale
10,991
-14.6% YoY
Typical rent
$1,708/mo
+1.1% YoY
Context

How to read this data

The typical home value ($353,742) 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 1.3% over the past year. A home worth $358,401 last year is now worth roughly $353,742.

The median sale price , what homes actually close for , is $349,931. Homes are selling at 96.8% of list price, meaning buyers have room to negotiate.

Homes listed in Jacksonville - FL sit on the market for roughly 42 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,637 new listings hit the market each month in Jacksonville - FL. There are currently 10,991 homes for sale, down 14.6% from a year ago.

The typical monthly rent in Jacksonville - FL is $1,708, up 1.1% 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$476,598 -2.2% 52.0d
Tampa - FL$361,156 -2.9% 34.0d
Orlando - FL$387,301 -2.8% 33.0d
North Port - FL$404,078 -5.4% 52.0d
Cape Coral - FL$338,436 -6.4% 68.0d
Lakeland - FL$298,822 -3.0% 44.0d
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