Jacksonville Home Prices & Values

$330,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.3% 1-year change
  • 2.7% 1-year forecast

The median home value in Jacksonville is $330,100. Jacksonville home values have gone up 5.3% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Jacksonville is $197, which is higher than the Medford Metro average of $148. The median price of homes currently listed in Jacksonville is $474,900 while the median price of homes that sold is $14,850,000. The median rent price in Jacksonville is $1,500, which is higher than the Medford Metro median of $875.

Foreclosures will be a factor impacting home values in the next several years. In Jacksonville 6.5 homes are foreclosed (per 10,000). This is greater than the Medford Metro value of 5.4 and also greater than the national value of 4.4

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 6.1%, which is lower than the national value of 6.9%. 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 12.9%, which is lower than Medford Metro at 21.8%.

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Relative ZHVI
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Jacksonville Market Overview

Data through Jul 31, 2014
  • $330,100 ZHVI
  • 2.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $474,900 Median listing price
  • No recent data Median sale price
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Jacksonville Market Health

Data through Jul 31, 2014
  • 8.9/10 Very healthy What's This?  
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    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
  • 12.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

6.5 homes(May 31, 2014) Jacksonville
5.4 homes Medford Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Williams $215,400 Eagle Point $213,900 Talent $201,200
Medford $194,800 Grants Pass $188,600 Phoenix $185,500
Central Point $184,400 Rogue River $166,000 White City $140,700

Listings & Sales

Data through Jul 31, 2014
  • $197 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 24.7% Listings with price cut
10.2%
Sold below listing
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Jacksonville Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,559 Jacksonville
$1,169 Medford Metro
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,500 Rent list price
  • No data Rent list price / sq ft
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