Jacksonville, FL

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Jacksonville, FL Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Jacksonville Housing Market Information

With 892,062 people, 322,003 houses or apartments, and a median cost of homes of $180,407, Jacksonville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Jacksonville, accounting for 61.01% of the city's housing units. Other types of housing that are prevalent in Jacksonville include large apartment complexes or high rise apartments ( 23.66%), duplexes, homes converted to apartments or other small apartment buildings ( 5.75%), and a few row houses and other attached homes ( 4.83%).

The most prevalent building size and type in Jacksonville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.56% owning and 43.44% renting.

There is a lot of housing in Jacksonville 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 built between 1940-1969 ( 27.38%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.77%). There's also some housing in Jacksonville built before 1939 ( 5.31%).

Vacant housing appears to be an issue in Jacksonville. Fully 13.54% of the housing stock is classified as vacant. Left unchecked, vacant Jacksonville homes and apartments can be a drag on the real estate market, holding Jacksonville 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.

Jacksonville Home Appreciation Rates

Real estate appreciation rates in Jacksonville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.77% during the period.

Appreciation rates are so strong in Jacksonville that despite a nationwide downturn in the housing market, Jacksonville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jacksonville appreciation rates continue to be some of the highest in America, at 11.29%, which is higher than appreciation rates in 96.23% 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. Jacksonville appreciation rates in the latest quarter were at 3.71%, which equates to an annual appreciation rate of 15.70%.

Importantly, this makes Jacksonville 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's latest annual appreciation rate is higher than 80% 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 differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Jacksonville - 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 real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Jacksonville, FL HOME PRICES

Value Range
> $1,412,000 0.8
$1,059,001 - $1,412,000 0.6
$706,001 - $1,059,000 1.8
$565,001 - $706,000 1.9
$424,001 - $565,000 4.9
$283,001 - $424,000 15.1
$141,001 - $283,000 39.1
$71,001 - $141,000 24.8
$0 - $71,000 11.0

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
43.4919708029197 61.2765957446808

Number Of Homes And Apartments:

Jacksonville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
73.79% 2.99%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,319 / per month

Homeownership Rate

Owners 56.56
Renters 43.44
Vacant 13.54

Housing Market Details


Age of Homes

AGE OF Jacksonville HOMES
2000 or Newer 22.8
1970 - 1999 44.5
1940 - 1969 27.4
1939 or Older 5.3

Types of Homes

TYPE OF Jacksonville HOMES
Single-Family 61.0
Townhomes 4.8
Small Apt. Buildings 5.7
Apt. Complexes 23.7
Mobile Homes 4.7
Other 0.0

Home Size

SIZE OF Jacksonville HOMES
No Bedroom 1.69
1 Bedroom 10.59
2 Bedrooms 24.61
3 Bedrooms 44.92
4 Bedrooms 15.69
5 or more bedrooms 2.49