Housing in Jacksonville, FL is a great investment due to its current median value of $280,200 being lower than the US house median value of $338,100. This makes it an attractive option for buying and selling property. Additionally, the one year appreciation rate of 16.21% in Jacksonville is much higher than the US average of 8.27%, meaning that homes purchased in Jacksonville rise significantly in value over time. It's a great choice for those looking to invest in housing or even purchase a new home of their own.
The median home cost in Jacksonville is $280,200. Home appreciation the last 10 years has been 160.2%. Home Appreciation in Jacksonville is up 24.7%.
Average Age of Homes
- The median age of Jacksonville real estate is 34 years old
The Rental Market in Jacksonville
- Renters make up 34.0% of the Jacksonville population
- 2.5% of houses and apartments in Jacksonville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.