Average Housing Price, New Luxury Home (Jacksonville MSA) $283,789
Based on a new 2,400-square-foot home.
Source: ACCRA Cost of Living Index (3rd Quarter 2007)
Median Housing Price, New & Resale Homes (Jacksonville MSA) $177,600
| Metropolitan Area |
Median Housing Price |
| Jacksonville, Florida |
$177,600 |
| Atlanta, Georgia |
$164,300 |
| Charleston, South Carolina |
$204,500 |
| Charlotte, North Carolina |
$204,700 |
| Dallas, Texas |
$145,000 |
| Gainesville, Florida |
$196,700 |
| Miami, Florida |
$345,900 |
| Memphis, Tennessee |
$124,300 |
| Phoenix, Arizona |
$241,700 |
| Raleigh, North Carolina |
$235,600 |
| Richmond, Virginia |
$225,700 |
| Tampa, Florida |
$201,600 |
Source: National Association of Realtors, 4th Quarter 2007
Median Apartment Rent (Jacksonville MSA) $983
Based on 2-bedroom, 950-square-foot apartment.
Source: ACCRA Cost of Living Index (3rd Quarter 2007)
Jacksonville Submarket Comparison
| Submarket |
Units Surveyed |
Vacant Units |
Vacancy Rate |
Average Sq. Ft. |
Average Rent |
| Arlington |
9,301 |
1,294 |
13.9% |
972 |
$737 |
| Baymeadows |
7,610 |
830 |
10.9% |
964 |
$896 |
| Beaches |
2,157 |
391 |
18.1% |
854 |
$830 |
| Central |
917 |
124 |
13.5% |
922 |
$962 |
| Mandarin |
6,147 |
891 |
14.5% |
929 |
$775 |
| North |
2,949 |
385 |
13.1% |
935 |
$713 |
| Orange Park |
4,522 |
670 |
14.8% |
1,008 |
$805 |
| South |
7,125 |
1,307 |
18.3% |
861 |
$731 |
| Southeast |
9,287 |
991 |
10.7% |
1,013 |
$917 |
| West |
7,800 |
1,230 |
15.8% |
942 |
$725 |
| St. Augustine |
1,383 |
272 |
19.7% |
968 |
$815 |
| Totals/ Average |
59,198 |
8,385 |
14.2% |
951 |
$800 |
Source: Real Data Apartment Market Research, Apartment Index, January 2008
The area's residential real estate specialists are invaluable to prospective homeowners and can direct buyers to neighborhoods with the right mix of amenities, including proximity to schools, churches, shopping, transportation and recreational opportunities. Dedicated residential relocation professionals of note include Prudential Network Realty, Coldwell Banker Walter Williams, and Watson Relocation Services. For more information, please contact one of these residential real estate companies or visit the Northeast Florida Association of Realtors.
ERA Davis & Linn
Jackie Delp
Relocation Director
(800) 874-7840 or (904) 641-1400
www.era-davislinn.com
Prudential Network Realty
Linda Lindenmoyer
Director of Relocation and Business Development
(800) 456-8036 or (904) 296-1906
www.prudentialnetworkrealty.com
Watson Relocation Services
Liz Burke
Corporate Services Consultant
(800) 874-9776 or (904) 596-5900
www.watsonrealtycorp.com
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