July 2025 Jacksonville Housing Market Update

🏡 July 2025 Jacksonville Housing Market Update 🌴

Market Cooling, Buyer Momentum Rising

• Median Sale Price: Around $305K, representing a 1.6% year-over-year decline, signaling increased buyer leverage and more balanced conditions.

• 2025 YTD Trend: Jacksonville is among the few major U.S. metros seeing continued price declines—3.1% drop to about $300,990 in mid-July.

• Days on Market: Homes are now selling after about 63 days, compared to 52 this time last year—an uptick that further favors buyers. 

• Mortgage Rates: The 30-year fixed mortgage hovers around 6.7–6.8%, keeping affordability a challenge even as inventory grows. 

• Builder Activity: Across Florida, 38% of builders cut prices (average reduction: 5%), while 62% offered incentives like rate buydowns and closing-cost help—meaning deals are out there. 

Bottom Line: Jacksonville’s July market reflects a shift toward a balanced—or even buyer-favored—environment. Prices are slipping moderately, listings sit longer, and both homes and new builds are coming with incentives. If you're looking to buy, now is a smart time to explore. If you’re selling, preparing for more negotiation may be key.

📲 Thinking about buying or selling in Jacksonville?
With prices shifting and incentives on the table, timing is everything. Let’s talk about how to make this market work for you!
📞 Call/Text: 904-868-9028
📧 Email: kristie@kristiereis.com