This report is on single family homes in Jacksonville Florida
Folks, Jacksonville’s housing market may feel slower than you’d like, but compared to September last year, prices are higher and homes are selling faster. The median sales price rose 3.48% to $338,990, while available inventory dropped by 449 homes. Homes spent an average of 63 days on the market, down from 74 last year. With 3.92 months of inventory, supply still leans toward sellers, but homes aren’t flying off the shelves. Sellers received an average of 94.7% of their original asking price, showing that pricing and negotiation still matter.
The latest mortgage rates can be found at Mortgage Daily News. So when you see them they are in real time and do not reflect the September 2026 timeline. Just to give you a rough idea on payment, if the median sales price is $338,990, with 10% down and a rate of 7.17%, you are looking at a payment around $2.223.63 per month. This payment is just principal and interest, without taxes and insurance. Conventional loan.
What This Means If You’re Buying Right Now
Buyers, if you’ve been hoping for a big drop in prices, these numbers aren’t showing it. There are fewer homes available than last year, and the median sales price is higher. Start with a monthly payment that feels comfortable, including taxes, insurance and any HOA or CDD fees. There may still be room to negotiate on price, repairs or closing costs, especially when a home has been sitting. Your opportunities will depend on the home, its condition and the competition.
If you want to know what you can actually get in today’s market, I can break that down for you, just message me:
What This Means If You’re Selling
Sellers, fewer homes on the market can work in your favor, but buyers are still watching their budgets closely. With homes taking an average of 63 days to sell, you should plan for the process to take some time. Price your home against recent comparable sales and the homes buyers can choose from today. Handle noticeable repairs and make your home show well from the start. A market that leans toward sellers still rewards preparation and realistic pricing.
If you’re thinking about selling, I can show you exactly where your home would fall in today’s market. Click:
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 338,990 and the other half were less than 338,990.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.92 months 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.
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I’m Pam Graham, a Northeast Florida real estate consultant, which includes Jacksonville, Clay & St John’s Counties. I break down the market in layman’s terms so you can make smart decisions—whether you’re buying, selling, or just keeping an eye on what’s happening.
Call/Text 904-910-3516
Email: pam@pamgraham.com
