FL · Metro #40

Jacksonville - FL housing market

The Jacksonville metro has a typical home value of $351,554, down 1.9% from a year ago. Homes are sitting 46 days on average - buyers have negotiating room. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$351,554
-1.9% vs. year ago
Median sale price
$347,332
+0.5% YoY
Median list price
$383,333
Sale-to-list ratio
96.0%
Selling below ask
Days on market
46d
Listings w/ price cut
26.0%
New listings / mo
2,543
-13.3% YoY
Homes for sale
10,604
-11.1% YoY
Typical rent
$1,692/mo
+0.8% YoY
Context

How to read this data

The typical home value ($351,554) 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 1.9% over the past year. A home worth $358,363 last year is now worth roughly $351,554.

The median sale price , what homes actually close for , is $347,332. Homes are selling at 96.0% of list price, meaning buyers have room to negotiate.

Homes listed in Jacksonville - FL sit on the market for roughly 46 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,543 new listings hit the market each month in Jacksonville - FL. There are currently 10,604 homes for sale, down 11.1% from a year ago.

The typical monthly rent in Jacksonville - FL is $1,692, up 0.8% 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$473,725 -3.5% 56.0d
Tampa - FL$359,150 -3.8% 36.0d
Orlando - FL$386,582 -3.4% 34.0d
North Port - FL$403,701 -6.7% 48.0d
Cape Coral - FL$340,796 -8.1% 65.0d
Lakeland - FL$298,610 -3.5% 44.0d
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