2020 Housing Market Overview

Jacksonville Real Estate Market 2020

PLEASE NOTE: The information on this page was gathered before the Coronavirus impact. Things are changing on an hourly basis, and we are working to update our data and keep it current. In the meantime, please do not rely on the information on this page to be current.

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Jacksonville Real Estate Market Overview

Metro population:
1.5 M
Median household income:
$58,709
Unemployment rate:
3%
Median home price*:
$189,000
Median monthly rent*:
$1,409
Jacksonville Real Estate Market Trends & Statistics 2020
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Interested in investing in the Jacksonville real estate market in 2020? On this page you’ll learn about housing market trends and statistics to help you make that decision.

About Jacksonville

Located on the eastern coast of Florida, Jacksonville lines both banks of the St. Johns River – the longest river in Florida and also one of only two rivers in North America that flows north instead of south.

In the past 10 years, the Jacksonville metro area has grown by almost 14%. To date, there are over 1.5 million people living in this area and more continue to come every year. In fact, Jacksonville’s population has been steadily increasing at a rate of nearly 2% per year, and its workforce is expanding at twice the national average.

There are many factors that explain this growth. Firstly, Jacksonville is the only Florida city that is home to four Fortune 500 companies. The region also has a world-class health care system, with more than 20 hospitals and a growing bioscience community. Additionally, 13 of Forbes Global 500 have operations in Jacksonville.

With a cost of living below the national average, wonderful climate and business-friendly environment, we believe Jacksonville is one of the best real estate markets in the country.

More To Love About Jacksonville

  • The population in Jacksonville has grown nearly 14% in population since 2000, which is higher than Miami’s and Tampa’s 19.8%.
  • Future job growth in Jacksonville is predicted to be 39.21% over the next 10 years.
  • The expansion of the Panama Canal is helping to bring jobs into the Jacksonville area ports, which is likely to lead to even more population growth.
  • The Jacksonville metro also has a world-class health care system with more than 20 hospitals and a growing bio-science community.
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Major Employers in Jacksonville

Jacksonville, Florida Real Estate Market Top Employers

News

  • "#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.RealWealthNetwork.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.RealWealthNetwork.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.

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