Jacksonville Real Estate Market 2023: Housing Trends & Predictions

2023 Housing Market Overview

Jacksonville Real Estate Market 2023

Jacksonville Real Estate Market Overview

Metro Population: 1.6 M

Median Household Income:$56,000

Unemployment Rate:2.8%

Median Home Price*:$353,756

Median Monthly Rent*:$1,743

Jacksonville Real Estate Market 2023

Interested in investing in the Jacksonville real estate market in 2023? On this page you’ll learn about housing market trends and statistics to help you make that decision.

About Jacksonville

Jacksonville is the largest city in Florida, and the third largest city by area in the contiguous United States. It is home to over 900,000 people and serves as the county seat of Duval County.

Jacksonville’s location on Florida’s Atlantic coast makes it a popular destination for tourists, who come to visit its beaches and world-class golf courses. The city boasts numerous military bases as well as an international trade seaport.

In the past decade, Jacksonville has seen an influx of businesses and has become a center for healthcare, bioscience and technology. In fact, Jacksonville has been consistently ranked as one of the best cities for real estate investors. This is because of a combination of low prices, high rental rates and high appreciation rates.

In the past ten years, Jacksonville’s population has increased by almost 16%. Currently there are over 1.5 million people living in this area and more continue to move here every year. In fact, Jacksonville’s population has been steadily increasing at a rate of over 2% per year, and its workforce has been expanding at twice the national average.

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Major Employers in Jacksonville

Jacksonville, Florida Real Estate Market Top Employers

News

  • "One of 10 US cities where buying a home is a good deal right now" - Business Insider
  • "Jacksonville shows Florida’s real estate heat" - Globest
  • "Investor home purchases up by 40% YOY in Q2 of 2022" - Redfin
  • "#1 Hottest Real Estate Market to Watch in 2017" - Forbes
  • "#5 in America’s Fastest Growing Cities in 2017" - Forbes
  • "#7 Best City for Future Job Growth" - Forbes
  • "#8 Biggest US City with Fastest-Growing Economy" - Forbes

Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com.

Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.