Jacksonville Market Update: Inventory Drops, Prices Hold Steady, 2026 Ahead

The last report for Jacksonville for the year!!!!! Woohoo!!! It is crazy one with the month’s inventory coming back down to a seller’s market for the month. Probably due to buyers trying to get into a home before the end of the month to claim their homestead. The median sales price came down by $990. That’s such a small amount. It will be interesting to see how 2026 will play out.

Did you see my post about the 50 year mortgage? Just wanted to compare it to the 30 year. It’s not what it’s cracked up to be. There’s talk of mortgage back securities being bought to push the mortgage rates down a bit. I’ll be writing about that shortly.

Check out the latest mortgage rates at Mortgage Daily News.

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 330,000 and the other half were less than 330,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.77months 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.