Recently Sold Homes in Jacksonville, Oceanway

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Jacksonville, FL Real Estate Insights

Jacksonville offers a fairly large population with 824,772 residents. The median age is 36 years old, and the median income of residents is $44,215 per year. In 2015, there were 4,042 homes on the market, which is an 11.28 percent decrease from 2014. However, the average number of homes on the marketacross 85 metros in the U.S. in 2015 was 1,862, so Jacksonville has a large number of listings compared to most in the nation. What makes Jacksonville highly unique compared to other large cities in the U.S. is the percentage of land within the city limits shrouded by tree canopy. Almost half of the city, 43.69 percent, is covered in trees, making Jacksonville highly dense in forestry and wildlife. For those seeking ecological charm mixed with the luxury of living in a large metro, Jacksonville offers both.
For homebuyers in Jacksonville, the average list price in 2015 was $197,591, an increase of 7.18 percent from 2014. Jacksonville homeowners can be confident in property value increases, especially if they plan to list in the near future.