Real Estate in 32224 | Zillow (2024)

FAQs

Are home prices dropping in Jacksonville? ›

The Jacksonville housing market is somewhat competitive. Homes in Jacksonville receive 2 offers on average and sell in around. The median sale price of a home in Jacksonville was $319K last month, up 5.5% since last year. The median sale price per square foot in Jacksonville is $190, down 0.52% since last year.…

Of the 100 biggest U.S. housing markets, Jacksonville comes in as the 25th most overvalued. The Top 5 most overvalued markets, according to research, are Atlanta, Detroit, Cape Coral, Tampa and Las Vegas, respectively.

Jacksonville is a great city for real estate investing because of the combination of low home prices, high rental rates, and high property appreciation.

While there is no specific threshold for the number of saves on Zillow that can be deemed “good,” a higher number of saves generally indicates a higher level of interest from potential buyers. However, it's important to note that saves alone may not guarantee showings or indicate genuine buyer intent.

Data as of December 31, 2023, indicates that the Jacksonville Metropolitan Statistical Area has been experiencing a steady trend with a projection of a 0.1% increase in home prices by January 2024, and a 0.3% rise by March of the same year. This suggests a consistent growth pattern in the market.

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

Cape Coral on the state's Gulf Coast was listed as the most overpriced Florida area, ranked third at 38.9%. Other Florida cities on the Top 100 list: Tampa (4th most overvalued), Palm Bay (7th), Lakeland (8th), Orlando (9th), North Port (12th), Deltona (13th) and Jacksonville (25th).

Jacksonville, Florida, is one of the fastest-growing cities in the southern U.S. According to the U.S. Census, the city's population has grown by nearly 130,000 in the past 10 years.

How much do you need to make to live comfortably in Jacksonville FL? ›

Q: Is Jacksonville, Florida, a good place to live? A: Jacksonville, Florida, is a great place to live if you're looking for a reasonable cost of living, plenty of beach access, a southern feel, and a new home in the Sunshine State.

The Owner Dashboard is a personalized view of your home and shows you stats like how many people are viewing your listing, gives you easy access to edit your home information, and more. Check out your Owner Dashboard by entering your address here.

If you're not trying to sell your home, there's no reason to leave interior photos and other details on real estate sites like Realtor, Zillow and Redfin. Just think about how valuable your floor plan might be in the wrong hands.

Your Home Is Priced Too High

If your home is overpriced for the market, you might get a lot of saves simply because buyers are genuinely interested in the home but turned off by the price — so they probably won't bother requesting a showing. Some buyers also save homes to receive notifications about price adjustments.

It's difficult to predict whether home prices in Florida will go down. Various factors come into play and the outcome remains uncertain. However, based on the current market momentum, it appears that the price growth may slow down, with potential decreases in some areas.

The average salary in Jacksonville, FL is $39,921 per year or $19.19 per hour. Entry level positions start at $29,835 per year while most experienced workers make up to $93,609 per year.

Welcome to the Apartment List June 2024 Rent Report for Jacksonville, FL. Currently, the overall median rent in the city stands at $1,351, roughly the same as last month. Prices remain down 3.6% year-over-year.