Jacksonville Housing Market

Jacksonville ranks last for year-over-year inventory growth among the nation’s 40 largest housing markets

Jacksonville’s home sales growth lagged the national benchmark in June. The number of home sales rose just 0.5% year over year compared with a 6.1% increase nationally. That ranked Jacksonville 32nd among the 40 largest U.S. markets for annual sales growth, well behind stronger Florida peers such as Miami, up 14.1%, Orlando, up 6.6%, and Tampa, up 3.8%.

Condo sales were the standout, increasing 28.9%, but overall Jacksonville’s sales momentum was modest with 14.5% decline in townhome sales and a flat year-over-year trend in single-family home sales. Homes spent about 67 days on the market, four days less than a year earlier, signaling a slightly faster pace of transactions.

The Jacksonville market experienced a broad-based decline in inventory in the past year, leading to its last-place ranking among the nation’s 40 largest housing markets for inventory growth. The number of homes for sale tightened across the market, with sharp annual declines across every housing type compared to the prior year.

But demand remained healthy relative to supply, and with home sales up in the past year, Jacksonville is likely moving toward a more balanced market with less downward pressure on pricing.

Jacksonville's housing market was one of the nation's stronger performers for home price growth. The median sale price reached $400,000, just below the national median of $401,000, but local prices increased 6.7% over the past year compared with 1.5% nationally. Jacksonville's median price rose by $25,000, versus a $6,000 increase nationwide, ranking the market third among the 40 largest U.S. metros for annual price growth and fourth for nominal price gains.

Strong buyer demand and declining inventory continued to support price appreciation despite broader affordability challenges.

The median home sale price in Jacksonville increased by 6.7% compared to the same time last year, while the national median price rose by 1.5%.

Jacksonville median home prices rose by $25,000 year over year on a nominal basis in June to $400,000. Meanwhile, the national median home price increased by $6,000 to $401,000.

Jacksonville was the 28th highest-priced housing market among the top 40 largest markets last month. The Jacksonville median home price of $400,000 was 0.2% below the national median home price.

The median price of Jacksonville single-family homes rose by $31,000 over the past year to $430,000, while the median townhome price declined by 2.0%, and the median condo price fell by 7.4%.

The number of homes for sale in Jacksonville decreased by 16.4% in June compared to the same time last year, while national homes for sale rose by 4.2%.

Jacksonville homes for sale fell by 1,925 year over year in June to 9,834 homes for sale. Jacksonville ranked 40th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in June.

Jacksonville homes for sale were below their pre-pandemic levels in the month of June. Jacksonville homes for sale were 11.0% below the June 2019 total of 11,045.

Jacksonville single-family homes for sale decreased by 15.3% to 7,541 in June. In comparison, townhomes for sale fell by 14.7% to 908, and condos for sale declined by 22.8% to 1,385.

The number of home sales in Jacksonville increased by 0.5% in June compared to the same time last year, while national home sales rose by 6.1%.

Jacksonville home sales increased by 13 year over year on a nominal basis in June to 2,651. For context, 2,638 sales closed in Jacksonville in June 2025.

Jacksonville ranked 32nd for the annual change in home sales out of the top 40 U.S. markets in June on a percentage basis. This year's June increase of 0.5% compares to the 0.0% year over year decrease in June 2025.

Jacksonville single-family sales increased by 0.5% in June to 2,144. In comparison, townhome sales fell by 14.5% to 284, and condo sales rose by 28.9% to 223.

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 June 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.

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.