Is Jackson County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jackson County was a Seller's Market.
Housing Prices in Jackson County, FL
How much do homes in Jackson County, FL cost?
Median Sold Price
$219,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jackson County was $219,500 in May 2024, up 15.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82.9K | $78K | -6.0% |
2 Bedrooms | $139.5K | $135.5K | -2.9% |
3 Bedrooms | $195K | $195K | 0.0% |
4 Bedrooms | $250K | $336.2K | +34.5% |
5+ Bedrooms | $550K | $416.5K | -24.3% |
Summary: Jackson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes decreased by 24.3%.
Median Sold Price Compared To Nearby Counties
Calhoun County | $192K | $240K | +25.0% |
Jackson County | $190.3K | $219.5K | +15.3% |
Holmes County | $187K | $207.5K | +11.0% |
Housing Supply in Jackson County, FL
How many homes are available in Jackson County, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
152 | 141 | -7.2% |
Summary: The Jackson County real estate market had 141 homes for sale in May 2024, a 7.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 81 | 76 | -6.2% |
4 Bedrooms | 37 | 31 | -16.2% |
5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Jackson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 23 | -25.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Jackson County in May 2024, down by 25.8% month-over-month. Of the 23 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% were sold over asking.
Days on Market for Jackson County, FL
How long does it take to sell a home in Jackson County, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 70 Days | +43.5% |
Summary: Homes in Jackson County had an average of 70 days on market in May 2024, up by 43.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Jackson County; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.