Jacksonville FL Real Estate Market Update June 2025

This report is for single family homes in Jacksonville, no condos will be included in this report.

The median sales price in Jacksonville for June 2025 is 15k less than in June 2024. Yet, the months inventory reflects a seller’s market still. The inventory levels were so low at one period of time, 2020-mid 2022 that it was a high speed flying off the shelves kinda market. Multiple offers, contract price over list price and appraisal gaps waived. So, a market with more homes to choose from and actually having to market them is weird and seems super slow. I prefer normal. What about you?

Want to see the current mortgage rates? Check out Mortgage Daily News.

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 320,000 and the other half were less than 320,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.82 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.