Home Values

Jacksonville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$120,200

  • -4.8% 1-year change
  • -0.1% 1-year forecast

The median home value in Jacksonville is $120,200. Jacksonville home values have declined -4.8% over the past year and Zillow predicts they will fall -0.1% within the next year. The median list price per square foot in Jacksonville is $85, which is lower than the Jacksonville average of $97. The median price of homes currently listed in Jacksonville is $134,900 while the median price of homes that sold is $132,950. The median rent price in Jacksonville is $800, which is higher than the Jacksonville median of $695.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Jacksonville is 5.9%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Jacksonville homeowners underwater on their mortgage is 52.1%, which is higher than Jacksonville at 45.5%.

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Relative ZHVI
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Jacksonville Market Overview

Data through Nov 30, 2014
  • $120,200 ZHVI
  • -0.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $134,900 Median listing price
  • $132,950 Median sale price
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Jacksonville Market Health

Data through Nov 30, 2014
  • 0.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 52.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
North Topsail Beach $206,200
Holly Ridge $155,500
Sneads Ferry $154,100
Name Median ZHVI
Hubert $127,800
Maple Hill $123,700
Richlands $122,600
Name Median ZHVI
Maysville $118,800
Midway Park $111,200
Chinquapin $93,800

Listings & Sales

Data through Nov 30, 2014
  • $85 Median list price / sq ft
  • $80 Median sale price / sq ft
  • No data Listings with price cut
29.2%
Sold below listing
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Jacksonville Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $885 Jacksonville
    $850 Jacksonville
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $800 Rent list price
  • $0.66 Rent list price / sq ft
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