Decoding Jacksonville's Real Estate Market: A Guide to Understanding Home Affordability in 2024

By: Jason Kindler

Published on: 26/06/2024

**Decoding Jacksonville's Real Estate Market: A Guide to Understanding Home Affordability in 2024** Jacksonville's real estate market in 2024 shows promise with moderate growth, driven by a strong economy and major employers like Amazon and Mayo Clinic. The median home price is $295,000, reflecting a 3.9% increase, with homes averaging 64 days on the market. The city's diverse neighborhoods and below-average cost of living make it an attractive option for buyers and investors. With stable housing inventory and robust job growth, Jacksonville offers a balanced market with significant investment potential, making it an ideal locale for real estate activities in 2024.