Is Northwest Jacksonville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Northwest Jacksonville was a Seller's Market.
Housing Prices in Northwest Jacksonville, FL
How much do homes in Northwest Jacksonville, FL cost?
Median Sold Price
$229,999
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northwest Jacksonville was $229,999 in April 2024, up 7.6% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $120K | -7.7% |
2 Bedrooms | $149.5K | $162.4K | +8.6% |
3 Bedrooms | $204.9K | $217.1K | +5.9% |
4 Bedrooms | $305.6K | $294.9K | -3.5% |
5+ Bedrooms | $361.4K | $342.5K | -5.2% |
Summary: Northwest Jacksonville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
Edgewood Manor | $130K | $154.5K | +18.8% |
Northwest Jacksonville | $213.7K | $229.9K | +7.6% |
Magnolia Gardens | $155K | $146.5K | -5.5% |
Housing Supply in Northwest Jacksonville, FL
How many homes are available in Northwest Jacksonville, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
932 | 1,001 | +7.4% |
Summary: The Northwest Jacksonville real estate market had 1,001 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 135 | 132 | -2.2% |
3 Bedrooms | 513 | 553 | +7.8% |
4 Bedrooms | 239 | 262 | +9.6% |
5+ Bedrooms | 37 | 43 | +16.2% |
Summary: The Northwest Jacksonville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 16.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
175 | 157 | -10.3% |
Asking Price vs. Sold Price
81 Homes Were Sold
Under Asking
47 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 157 homes were sold or pending in Northwest Jacksonville in April 2024, down by 10.3% month-over-month. Of the 157 sold homes, 52% were sold under asking, 30% were sold at asking, and 18% were sold over asking.
Days on Market for Northwest Jacksonville, FL
How long does it take to sell a home in Northwest Jacksonville, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
78 Days | 51 Days | -34.2% |
Summary: Homes in Northwest Jacksonville had an average of 51 days on market in Apr 2024, down by 34.2% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
50 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Summary: During April 2024, 157 homes were sold in Northwest Jacksonville; 48% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.