Jacksonville Housing Market Update
With its diverse neighborhoods, mild climate, and abundance of job opportunities, Jacksonville, Florida is a great place to call home. The housing market in Jacksonville is also thriving, with a variety of options to suit any budget.
The median home value in Jacksonville is currently around $188,000, with a median list price of $229,000, which is up 6.2% over the past year. This is slightly lower than the national median, and lower than many other large cities in Florida.
In addition, the median price per square foot for homes in Jacksonville is $137, which is higher than the national average of $128 per square foot. The average rent for a one-bedroom apartment in Jacksonville is just over $1,000, with a median rent of $1,200. This is slightly lower than the national average of $1,250, making Jacksonville an affordable option for renters.
The housing market in Jacksonville is competitive, but there are plenty of great deals to be had. Homes in the area often sell for below market value, making it an attractive option for buyers. In addition, there is no shortage of new construction homes, and the area has been experiencing a surge in luxury real estate, with many high-end homes being built in the area.
Overall, the housing market in Jacksonville is strong, with plenty of options to fit any budget or lifestyle. With its competitive prices, and abundance of job opportunities, Jacksonville is a great place to call home. Give us a call if you’re looking for a home in Jacksonville!
