Jacksonville Real Estate Snapshot: Median Price Hits $325K Two Novembers in a Row

The first thing I noticed was the fact that the median sales price in Jacksonville in November 2024 and 2025 was 325k. It’s one of those things that if we tried we couldn’t hit the same number both years. 😆

You know what I mean right? I was walking out the door and got my bag stuck on the door knob. If I tried, it wouldn’t have happened. Inventory levels are up over last year, but so are the sales too. At 5 months of inventory we are looking at a more balanced market.

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Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 325,000 and the other half were less than 325,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 5.07months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:

Buyers’ Market: More than 7 months of Inventory

Balanced Market: From 5-7 months of Inventory

Sellers’ Market: Less than 5 months of inventory

Average Days on the Market: This is the average based on the time the house came on the market until is went under contract.

Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract.