Jacksonville, Florida started 2024 with a total of 2,142 single-family homes on the market, with a median home price of $336,494 and an average price per square foot of $204.28. By the end of the year, inventory had increased to 2,785 homes on the market (+30%), with a median home price of $319,000 (-5%), and an average price per square foot of $212 (+4%).
At the start of 2024, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 77 days.
Jacksonville, Florida started the year with 49.16% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 50.13% of homes for sale had taken a price cut.
