Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 14,215, 4,582 total housing units (homes and apartments), and a median house value of $192,101, house prices in Jacksonville are solidly below the national average.
Single-family detached homes are the single most common housing type in Jacksonville, accounting for 74.84% of the city's housing units. Other types of housing that are prevalent in Jacksonville include large apartment complexes or high rise apartments ( 11.09%), duplexes, homes converted to apartments or other small apartment buildings ( 7.09%), and a few mobile homes or trailers ( 3.88%).
People in Jacksonville primarily live in small (one, two or no bedroom) single-family detached homes. Jacksonville has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Jacksonville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jacksonville built between 1940-1969 ( 34.04%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.85%). There's also some housing in Jacksonville built before 1939 ( 6.25%).
Vacant housing appears to be an issue in Jacksonville. Fully 10.21% of the housing stock is classified as vacant. Left unchecked, vacant Jacksonville homes and apartments can be a drag on the real estate market, holding Jacksonville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Jacksonville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.44%, which ranks in the top 40% nationwide. This equates to an annual average Jacksonville house appreciation rate of 6.98%.
NeighborhoodScout's data show that during the latest twelve months, Jacksonville's appreciation rate, at 6.87%, has been at or slightly above the national average. In the latest quarter, Jacksonville's appreciation rate has been 1.51%, which annualizes to a rate of 6.17%.
Relative to Texas, our data show that Jacksonville's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Jacksonville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Jacksonville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Jacksonville real estate investment or home purchase decisions.
$192,101
for Texas
for nation
4,582
$1,335 / per month