The Jacksonville, FL Metro Area has seen remarkable growth in the housing market over the past year. The median home value currently stands at $349,400, which is significantly higher than the national median of $338,100. This figure reflects a 15.05% increase in home values from last year - far greater than the 8.27% appreciation rate seen on a nationwide level. With such a strong appreciation rate, it's no wonder why many potential buyers are flocking to the area in search of their dream homes.
The median home cost in Jacksonville Metro Area is $349,400. Home appreciation the last 10 years has been 155.1%. Home Appreciation in Jacksonville Metro Area is up 25.2%.
Average Age of Homes
- The median age of Jacksonville Metro Area real estate is 30 years old
The Rental Market in Jacksonville Metro Area
- Renters make up 29.2% of the Jacksonville Metro Area population
- 1.9% of houses and apartments in Jacksonville Metro Area, 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.