Is Jacksonville Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville Beach is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Jacksonville Beach, FL

How much do homes in Jacksonville Beach, FL cost?

Median Sold Price

$639,555

$381/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,013(+0.9%)

Key Takeaway

Homes in Jacksonville Beach have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Jacksonville Beach was $639,555 in April 2024, up 0.9% from last year, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $230K$246.2K
+7.1%
2 $450K$485K
+7.8%
3 $628.3K$626K
-0.4%
4 $850K$890K
+4.7%
5+ $1.0M$1.3M
+32.8%

Summary: Jacksonville Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 32.8%.

Median Sold Price Compared To Nearby Cities

Ponte Vedra
+5.2%
Jacksonville East
+2.6%
Jacksonville Beach
+0.9%
Jacksonville Beaches
0.1%
Neptune Beach
-13.5%

Housing Supply in Jacksonville Beach, FL

How many homes are available in Jacksonville Beach, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
277311+12.3%

Summary: The Jacksonville Beach real estate market had 311 homes for sale in April 2024, a 12.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 710
+42.9%
2 5159
+15.7%
3 145148
+2.1%
4 5773
+28.1%
5+ 1721
+23.5%

Summary: The Jacksonville Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4659+28.3%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville Beach, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Jacksonville Beach in April 2024, up by 28.3% month-over-month. Of the 59 sold homes, 64% were sold under asking, 17% were sold at asking, and 19% were sold over asking.

Days on Market for Jacksonville Beach, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days52 Days-21.7%

Summary: Homes in Jacksonville Beach had an average of 52 days on market in Apr 2024, down by 21.7% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

11 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 Beach are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 59 homes were sold in Jacksonville Beach; 59% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 22% 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 9 Days Ago

Newest Listings in Jacksonville Beach, FL

Nearby Markets to Jacksonville Beach, FL

What housing markets are near Jacksonville Beach, FL?