Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 23,064, 10,303 total housing units (homes and apartments), and a median house value of $379,965, Jacksonville Beach house prices are not only among the most expensive in Florida, Jacksonville Beach real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Jacksonville Beach, accounting for 51.58% of the city's housing units. Other types of housing that are prevalent in Jacksonville Beach include large apartment complexes or high rise apartments ( 30.31%), duplexes, homes converted to apartments or other small apartment buildings ( 13.74%), and a few row houses and other attached homes ( 4.27%).
The most prevalent building size and type in Jacksonville Beach are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.96% owning and 39.04% renting.
There is a lot of housing in Jacksonville Beach built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jacksonville Beach built between 1940-1969 ( 32.46%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.69%). There's also some housing in Jacksonville Beach built before 1939 ( 2.62%).
Vacant housing appears to be an issue in Jacksonville Beach. Fully 16.04% of the housing stock is classified as vacant. Left unchecked, vacant Jacksonville Beach homes and apartments can be a drag on the real estate market, holding Jacksonville Beach real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Jacksonville Beach's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.45% during the period.
Appreciation rates are so strong in Jacksonville Beach that despite a nationwide downturn in the housing market, Jacksonville Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jacksonville Beach appreciation rates continue to be some of the highest in America, at 10.76%, which is higher than appreciation rates in 95.64% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jacksonville Beach. Jacksonville Beach appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.03%.
Importantly, this makes Jacksonville Beach one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Florida, our data show that Jacksonville Beach's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Jacksonville Beach differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Jacksonville Beach - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Jacksonville Beach real estate investment or home purchase decisions.
|$996,001 - $1,327,000||1.7|
|$664,001 - $996,000||8.3|
|$531,001 - $664,000||7.1|
|$398,001 - $531,000||17.0|
|$266,001 - $398,000||31.1|
|$133,001 - $266,000||28.2|
|$66,001 - $133,000||2.9|
|$0 - $66,000||0.7|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Jacksonville Beach HOMES|
|2000 or Newer||18.7|
|1970 - 1999||46.2|
|1940 - 1969||32.5|
|1939 or Older||2.6|
|TYPE OF Jacksonville Beach HOMES|
|Small Apt. Buildings||13.7|
|SIZE OF Jacksonville Beach HOMES|
|5 or more bedrooms||2.31|