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Considering buying property in Jacksonville? 2025 presents a perfect opportunity with a favorable market.
Read this article to find out why Jacksonville real estate is a smart choice. Ready to dive in? Use our Jacksonville real estate spreadsheet to assess the profitability of your investment.
This article gives you valuable insights, but remember, it’s not and will never be investment advice. We pull data from a range of sources to provide you with the most accurate picture possible, yet we can’t guarantee complete accuracy. Markets are difficult to predict. Make sure to do your own research and consult a professional before making any financial moves. Any risks or losses are your own responsibility.
1) Jacksonville's population is set to grow by over 20,000 residents, driving up housing demand and property values
Jacksonville's population is expected to grow by 1-2% annually, adding over 20,000 residents by 2025, indicating rising housing demand and a stronger real estate market.
This growth reflects Jacksonville's appeal, likely leading to improved infrastructure and services, enhancing quality of life.
The population increase boosts economic development, making Jacksonville attractive for businesses and individuals.
By 2025, the combination of demand and a strong real estate market suggests property values will appreciate, making it a smart time to invest in Jacksonville property.
Source: Home Buying Institute
2) Mortgage rates have dropped, boosting Jacksonville's real estate market and making 2025 a prime time to buy
Mortgage rates have declined through 2024 into 2025, creating a favorable borrowing environment for homebuyers with lower interest rates and reduced monthly payments.
This has increased housing demand and may drive up property values.
In Jacksonville, this trend is notable due to its strong job market and growing population.
Lower rates enable newcomers and residents to invest in property, boosting the local real estate market.
With rising demand, property values are expected to appreciate, making 2025 an ideal time to buy in Jacksonville.
Investing now offers lower borrowing costs and potential future value increases.
Source: Home Buying Institute
3) Jacksonville's rental vacancies are under 4%, with rising rent prices, making 2025 a prime time to invest
Rental vacancies in Jacksonville are under 4%, with rising rent prices indicating strong demand for housing.
This suggests a thriving rental market and a healthy real estate environment, making it an attractive time for buyers.
The increase in rent prices reflects an influx of residents, boosting the local economy and housing demand, likely leading to property value appreciation.
Given these trends, 2025 is an excellent time to invest in Jacksonville property, offering potential returns from future growth.
Source: Home Buying Institute
4) Jacksonville's rental yield of 6-8% makes 2025 a prime time for real estate investment
Jacksonville offers a rental yield of 6-8%, indicating strong demand for rental properties and a lucrative real estate investment opportunity.
This demand is fueled by a growing population and thriving economy, suggesting potential for future growth.
With high yields and increasing demand, 2025 is an ideal time to invest in Jacksonville's real estate market, making it attractive for both seasoned investors and first-time buyers.
Source: Home Buying Institute
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5) Jacksonville's median home price is a wallet-friendly $302,000, making 2025 a prime time to invest
In October 2024, Jacksonville's median home sale price was $302,000, highlighting its affordability compared to national averages.
Unlike many U.S. cities with rising home prices, Jacksonville remains affordable, offering diverse housing options for various budgets.
This consistent affordability, coupled with steady market growth, makes Jacksonville attractive for homebuyers and investors.
With potential for appreciation, 2025 is an ideal time to buy property in Jacksonville, as demand may increase and drive prices up, presenting a unique investment opportunity.
Sources: Redfin, MLS/or public records
- Why home prices should stay flat in Jacksonville in 2025 (6 stats)
6) Active property listings in Jacksonville jumped 22.4%, giving buyers more choices and better negotiation opportunities
In September 2024, active property listings in Jacksonville rose by 22.4% to 9,543, indicating a more balanced real estate market.
This increase offers buyers more choices and reduces competition, leading to fairer pricing and better negotiation opportunities.
The market's stabilization suggests 2025 is an ideal time to buy property in Jacksonville, with expanded inventory providing more options and a favorable environment for buyers.
Source: Rob&Nancy Hastings
7) Jacksonville's median rental rate jumped 3.9% to $1,831, highlighting strong demand and investment potential
The median rental rate in Jacksonville is now $1,831, a 3.9% increase from last year, indicating strong rental demand and a robust local economy.
This rise suggests Jacksonville is an attractive location for property investment due to growing housing demand driven by population growth.
The current market conditions in 2025 offer investors the potential for solid returns through rental income and property value appreciation.
Source: USNews
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8) Homes in Jacksonville sell fast (45 days), thanks to high demand and a competitive market
Homes in Jacksonville are selling in an average of 45 days, indicating strong buyer interest and a competitive real estate market.
This quick turnover reflects high demand, driven by Jacksonville's affordable living, growing job market, and quality of life.
The city's economic growth and proximity to beaches enhance its appeal.
These factors make 2025 a promising time to invest in Jacksonville property, with potential for property value appreciation as the city thrives.
Source: Redfin
9) Jacksonville's home prices jumped 3.3% last year, making 2025 a prime time to invest in property there
Jacksonville's home prices have risen by 3.3% in the past year, indicating a healthy real estate market and growing desirability for homeowners and investors.
This increase reflects strong demand, supported by a robust local economy, population growth, and an appealing lifestyle.
As more people move to Jacksonville, housing demand and property values are expected to continue rising.
With this trend, 2025 is an ideal time to invest in Jacksonville property, promising potential future returns and making it a smart financial decision.
Source: Redfin
10) Jacksonville's $176.4 million I-10 expansion will boost property values and attract investments
The Florida Department of Transportation is investing $176.4 million to expand I-10 from I-295 to I-95 through Jacksonville’s Westside, with completion expected in early 2025.
This infrastructure upgrade will enhance connectivity, boost property values, and attract investments.
Improved roads ease commuting, making neighborhoods more desirable for residents and businesses.
The expansion is a growth catalyst, reducing travel times and improving quality of life, which appeals to homebuyers and businesses, stimulating the local economy and increasing real estate demand.
By 2025, Jacksonville will be an attractive investment opportunity, with improved accessibility and potential property appreciation, making it a strategic move for investors.
Source: JAXTDY
11) Jacksonville's $1.4 billion stadium renovation will likely boost property demand and values
The Jacksonville Jaguars plan a $1.4 billion renovation of EverBank Stadium, starting in February 2025 and finishing by 2028, aiming to revitalize Downtown Jacksonville.
This investment is expected to boost local property demand and economic activity by attracting more visitors, businesses, and events.
The renovation will enhance the stadium's appeal, benefiting nearby neighborhoods with increased foot traffic and business opportunities, potentially raising property values.
Investing in Jacksonville's property market in 2025 could be advantageous, as early buyers might see significant returns as the area becomes more desirable.
Sources: Reuters, Florida Times-Union
12) Construction costs in Jacksonville have dropped 4%, making new builds more affordable
Construction costs have decreased by 4% due to improved supply chains, making new builds more affordable in Jacksonville.
This cost reduction benefits homebuyers as builders can access materials more efficiently and at lower prices, often passing savings to buyers.
Lower construction costs stimulate the local real estate market by increasing new builds, offering more property choices, and stabilizing home prices.
In 2025, these factors create a promising opportunity for buying property in Jacksonville, with more affordable options and a wider variety of homes available, ideal for first-time buyers and investors.
13) Norwegian Cruise Line's arrival in Jacksonville will boost tourism and property values
In November 2025, Norwegian Cruise Line will homeport the Norwegian Gem in Jacksonville, boosting tourism and local economic activity, which is expected to raise property values.
The cruise line's presence will attract tourists, increasing spending in local businesses like restaurants, shops, hotels, and entertainment venues, thereby strengthening the local economy and creating jobs.
This economic growth is likely to drive up property demand and values, making 2025 an ideal time to invest in Jacksonville real estate.
The cruise line's operations promise to enhance the city's economic landscape, offering a compelling reason to consider property investment.
Source: jaxport
14) A 6% rise in new construction permits shows Jacksonville's housing market is booming
A 6% rise in new construction permits indicates a growing housing market in Jacksonville, reflecting developers' confidence in the area's potential.
This increase suggests a healthy economy and expanding community, offering more options for buyers and potentially boosting property values.
As Jacksonville prepares for new residents, housing demand is expected to rise, making 2025 a strategic time to invest in property.
Current trends show Jacksonville's housing market is on an upward trajectory, ideal for real estate investment.
Source: USNews
15) Jacksonville's GDP is growing 3-4% annually, which is a lot
Jacksonville's GDP is growing by 3-4% annually through 2025, indicating a robust economy that boosts demand for residential and commercial real estate.
This growth leads to job creation, increased consumer spending, and improved quality of life, attracting property buyers.
The rising GDP correlates with a healthy real estate market, as more people and businesses move to the area, increasing demand and potentially driving up property values.
For investors and homebuyers, 2025 is an opportune time to buy property in Jacksonville, as the city's economic growth supports a stable and promising real estate market.
Source: Home Buying Institute
16) Foreign investment in Jacksonville real estate surged by 7%
Foreign investment in Jacksonville real estate has surged by 7%, indicating strong international interest and potential for growth.
This increase reflects confidence in Jacksonville's economic prospects, suggesting continued development and stability.
The influx of international capital may enhance infrastructure and amenities, boosting property values.
With these promising signs, 2025 appears to be an excellent time to invest in Jacksonville real estate for potential returns.
Source: USNews
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So, is it a good time to buy in Jacksonville? Yes, it is!
2025 is shaping up to be an excellent year to invest in Jacksonville real estate.
With a projected population growth of over 20,000 residents by 2025, the demand for housing is set to rise, driving up property values. This growth is supported by a strong job market and a thriving economy, making Jacksonville an attractive place for both businesses and individuals. Additionally, mortgage rates have dropped, creating a favorable borrowing environment with lower interest rates and reduced monthly payments.
Rental vacancies are under 4%, and rental yields are between 6-8%, indicating a robust rental market and a lucrative investment opportunity. The median home price remains affordable at $302,000, offering diverse housing options. With active property listings up by 22.4%, buyers have more choices and better negotiation opportunities. Infrastructure projects like the $176.4 million I-10 expansion and the $1.4 billion stadium renovation are set to boost property values and attract investments.