Hi here’s what actually happened in the Jacksonville market this month, in plain numbers, no filler.
The snapshot:
- Median sale price: roughly $313K–$315K, down about 1.3% from a year ago
- Typical time to go under contract: 43 days citywide
- Active listings: just over 4,000 homes on the market right now
- Supply: approaching 6 months in most reporting a real shift toward more buyer choice than we saw a year or two ago
The one number worth remembering: nearly 28% of homes that sold this period went under contract in 14 days or less, at close to full asking price. Meanwhile, about a quarter of listings sat for 90+ days. Same city, two very different experiences and which one a seller gets almost always comes down to pricing it right from day one, not luck.
Neighborhood watch: San Marco, Riverside/Avondale, and Mandarin continue to see steady, specific buyer interest beyond the citywide averages above; if you own in one of these pockets, your numbers likely don’t match the city median, in either direction.
Rates: mortgage rates have drifted back up through the fall, sitting above 7% for a 30-year fixed in much of this market. If you’ve been waiting for a dip to restart your search, it’s worth a real conversation about the numbers. My home buyer’s guide is a good starting point rather than waiting on a guess.
If you’re thinking about selling: this is exactly the kind of market where the first two weeks of pricing strategy matter more than almost anything else that happens afterward. If it’s been a while since you had a real, current read on what your home is worth, request a valuation not a Zestimate guess, an actual comparison to what’s closed near you this month.
Want the fuller breakdown behind these numbers? Read the full October market analysis →
As always, reply directly to this email if you want to talk through what any of this means for your specific situation I read every one.
— Zelda
