Jacksonville Housing Market

Home sales increased, fewer homes were available for purchase, and prices continued to rise, signaling a somewhat more competitive market than buyers and sellers faced a year ago.

Jacksonville's housing market showed signs of renewed momentum in July. Home sales rose 1.1% from a year earlier, reversing some of the softness that had weighed on the market during the past few years. The gain was modest compared with the national increase of 2.9%, and it ranked 24th among the nation's 40 largest housing markets. Other major Florida metros, including Orlando, Miami, and Tampa, posted stronger sales growth.

Condominiums led the improvement. Condo sales jumped 15.8% after a sharp decline the year before, while townhome sales also posted healthy gains. Single-family homes were the only segment where sales slipped slightly.

Buyers also moved more quickly when they found a home they liked. Properties spent about 66 days on the market, less time than a year earlier. That trend suggested that more buyers entered the market as conditions became more predictable and competition increased modestly.

Jacksonville still had considerably more homes for sale than it did before the pandemic, but the market's inventory surge continued to ease. The number of homes listed for sale fell sharply over the past year, making Jacksonville one of the few major Florida markets where supply moved meaningfully lower. Even after the decline, inventory remained above pre-pandemic levels, giving buyers more choices than in many major Florida markets.

Shrinking inventory gradually reduced buyers' negotiating power and created a more favorable environment for sellers than existed a year earlier. Even so, buyers continued to have more options than they did during the height of the housing boom.

View the latest homes for sale in Jacksonville.

Home prices also showed signs of stabilization. Jacksonville's median sale price reached $379,450 in July, up 1.2% from a year earlier.

That gain remained modest, and the median price stayed slightly below both the national benchmark and the Tampa market. Still, improving buyer activity and a smaller pool of homes for sale helped support home values. For buyers, Jacksonville remained relatively affordable compared with many of Florida's larger and more expensive housing markets, even as prices continued to move higher.

The median home sale price in Jacksonville increased by 1.2% compared to the same time last year, while the national median price rose by 2.6%.

Jacksonville median home prices rose by $4,450 year over year on a nominal basis in July to $379,450. Meanwhile, the national median home price increased by $10,000 to $400,000.

Jacksonville was the 30th highest-priced housing market among the top 40 largest markets last month. The Jacksonville median home price of $379,450 was 5.1% below the national median home price. Jacksonville's median home price in July compares to the market's peak of $397,000 recorded in June of 2026.

The median price of Jacksonville single-family homes rose by $15,000 over the past year to $415,000, while the median townhome price declined by 0.4%, and the median condo price rose by 2%.

The number of homes for sale in Jacksonville decreased by 14.4% in July compared to the same time last year, while national homes for sale rose by 4.4%.

Jacksonville homes for sale fell by 1,608 year over year in July to 9,554 homes for sale. Jacksonville ranked 39th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in July.

Jacksonville homes for sale were below their pre-pandemic levels in the month of July. Jacksonville homes for sale were 12% below the July 2019 total of 10,852.

Jacksonville single-family homes for sale decreased by 13% to 7,343 in July. In comparison, townhomes for sale fell by 14.8% to 858, and condos for sale declined by 20.9% to 1,353.

The number of home sales in Jacksonville increased by 1.1% in July compared to the same time last year, while national home sales rose by 2.9%.

Jacksonville home sales increased by 25 year over year on a nominal basis in July to 2,356. For context, 2,331 sales closed in Jacksonville in July 2025.

Jacksonville ranked 24th for the annual change in home sales out of the top 40 U.S. markets in July on a percentage basis. This year's July increase of 1.1% compares to the 9.6% year over year decrease in July 2025.

Jacksonville single-family sales decreased by 1.5% in July to 1,892. In comparison, townhome sales rose by 11.1% to 251, and condo sales rose by 15.8% to 213.

For questions and commentary about this report:

Lisa McNatt, Senior Director of Market Analytics at CoStar and Homes.com, based in Orlando, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Lisa McNatt

Senior Director of Market Analytics

Homes.com

lmcnatt@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Jacksonville during July 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Days on Market

The median number of days from initial listing to closing of properties whose closing occurred during the month. This data includes detached, attached, and condominium homes. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Months of Supply (MOS)

Months of Supply (MOS) is equal to active listings divided by homes sold in a given month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Sale to List Price Ratio

The sale-to-list price ratio is the ratio of the sale (closing) price to the original list price, whose closing occurred during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.