The housing market in Jacksonville, AL has seen an impressive amount of growth over the past year. The median value of a home is currently $184,400, which is significantly lower than the US median value of $338,100. Despite this difference, the appreciation rate for homes in Jacksonville has been higher than the national average at 12.26%, compared to 8.27% for the country as a whole. This growth indicates that Jacksonville could be an ideal place to invest in real estate or purchase a home.
The median home cost in Jacksonville is $184,400. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Jacksonville is up 17.7%.
Average Age of Homes
- The median age of Jacksonville real estate is 33 years old
The Rental Market in Jacksonville
- Renters make up 43.7% of the Jacksonville population
- 2.3% 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.