Jacksonville FHA Loan Rates, Closing Costs & Stats

JACKSONVILLE, FL

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Jacksonville's 262 lenders originated 6,223 FHA loans during 2022. The total origination value was $1,672,465,000, with an average FHA loan value of $268,755.

Jacksonville FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Jacksonville averaged 5.89% for the week of 2024-02-16, compared to the national average (all FHA variants) of 6.611% for the same period.

Jacksonville's average FHA mortgage closing costs are $8,233.

The average rate for the prior week (2024-02-09) was 6.1% and one month ago for the week of 2024-01-12, the average rate was 5.84%.

The average rate one year ago was 5.59%.

For refis of the same type during the week of 2024-02-16, the average rate was 5.28%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Jacksonville FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Jacksonville level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 522 4.88% $11,496
QUICKEN LOANS, LLC 464 4.41% $11,347
DHI MORTGAGE COMPANY, LTD. 351 4.46% $9,369
LOANDEPOT.COM, LLC 248 4.79% $11,443
CARDINAL FINANCIAL 214 4.70% $10,877
KBHS HOME LOANS, LLC 190 4.71% $15,388
PENNYMAC LOAN SERVICES, LLC 134 4.32% $11,764
Bank of England 128 5.18% $11,726
CALIBER HOME LOANS, INC. 125 4.46% $11,189
EAGLE HOME MORTGAGE, LLC 124 4.85% $12,966
FREEDOM MORTGAGE CORPORATION 121 4.74% $11,856
CROSSCOUNTRY MORTGAGE, LLC 107 5.21% $12,067
Equity Prime Mortgage LLC 103 5.30% $12,388
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 101 5.00% $11,206
JET HOMELOANS, LLC 97 5.24% $12,236
ACADEMY MORTGAGE CORPORATION 94 5.32% $11,153
MOVEMENT MORTGAGE, LLC 90 4.99% $10,398
Mr. Cooper ( Nationstar Mortgage ) 83 4.50% $13,316
Carrington Mortgage Services, LLC 69 4.96% $11,398
HOME POINT FINANCIAL CORPORATION 65 4.20% $10,579
HOMEAMERICAN MORTGAGE CORPORATION 65 4.23% $7,311
AMERICAN PACIFIC MORTGAGE CORPORATION 63 5.42% $12,805
CMG MORTGAGE, INC. 60 5.11% $10,578
VYSTAR 54 5.06% $7,439
BROKER SOLUTIONS, INC. 54 5.01% $11,699
AMERISAVE MORTGAGE CORPORATION 51 4.47% $12,998
Flagstar Bank, FSB 49 4.65% $10,447
LAKEVIEW LOAN SERVICING, LLC 44 4.15% $8,481
NEWREZ LLC 41 4.75% $10,525
HOMEOWNERS FINANCIAL GROUP USA, LLC 38 4.56% $10,434
Gateway First Bank 38 5.00% $9,358
Paramount Residential Mortgage Group, Inc. 38 5.42% $14,989
SWBC MORTGAGE CORPORATION 37 4.91% $8,092
HOMEBRIDGE FINANCIAL SERVICES, INC. 37 5.14% $11,843
PLANET HOME LENDING, LLC 36 4.95% $10,556
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 35 5.14% $13,457
Ameris Bank 35 5.16% $10,054
Mortgage Lenders Investment Trading Corporation 35 4.77% $8,701
FBC MORTGAGE, LLC 31 5.27% $8,784
MATTAMY HOME FUNDING, LLC 30 4.22% $13,181
South Pacific Financial Corporation 26 4.95% $10,525
HAMILTON HOME LOANS, INC. 26 4.76% $11,931
Nations Lending Corporation 25 5.16% $10,938
PLAZA HOME MORTGAGE, INC. 23 5.26% $12,562
First Federal Bank 23 4.78% $10,415
OVM FINANCIAL, INC. 22 4.84% $9,681
GUARANTEED RATE, INC. 22 4.80% $11,440
WATSON MORTGAGE CORP. 21 5.05% $9,705
AMERICAN FINANCING CORPORATION 21 4.19% $10,935
CHURCHILL MORTGAGE CORPORATION 21 4.68% $11,002
MUTUAL OF OMAHA MORTGAGE, INC. 21 4.77% $12,711
Renasant Bank 20 4.80% $9,475
ENVOY MORTGAGE, LTD 20 5.23% $11,026
Network Funding, L.P. 19 5.07% $12,129
PRIMELENDING, A PLAINSCAPITAL COMPANY 19 5.39% $11,939
Plains Commerce Bank 18 5.39% $13,661
Lakeview Community Capital, LLC 18 3.91% $7,797
CONTOUR MORTGAGE CORPORATION 18 4.72% $11,997
Prosperity Home Mortgage, LLC 18 5.60% $10,121
Alcova Mortgage LLC 18 5.28% $10,642
GUARANTEED RATE AFFINITY, LLC 17 5.20% $11,847
Citizens Bank 17 4.07% $11,555
EMM LOANS LLC 16 5.03% $14,789
AMERIFIRST FINANCIAL CORPORATION 16 6.00% $10,839
NATIONWIDE MORTGAGE BANKERS, INC. 16 5.26% $13,286
HOMESTAR FINANCIAL CORPORATION 16 4.68% $9,370
TOP FLITE FINANCIAL, INC. 15 5.33% $18,579
Century Mortgage Company DBA Century Lending Company 14 4.69% $13,324
Regions Bank 14 4.39% $8,961
PULTE MORTGAGE LLC 14 4.61% $9,793
SECURITYNATIONAL MORTGAGE COMPANY 14 5.96% $11,719
First Option Mortgage, LLC 13 4.12% $11,351
NATIONS DIRECT MORTGAGE, LLC 13 4.54% $13,249
Bank of America 12 4.06% $6,517
TOWNE MORTGAGE COMPANY 12 4.72% $12,804
NVR Mortgage Finance, Inc. 12 4.15% $11,681
STOCKTON MORTGAGE CORPORATION 12 4.27% $11,252
EVERETT FINANCIAL, INC. 11 5.43% $7,598
JPMorgan Chase Bank 11 4.86% $8,498
HOMESIDE FINANCIAL, LLC 11 4.88% $11,575
VILLAGE CAPITAL MORTGAGE 11 4.22% $8,969
MILEND, INC. 10 5.27% $16,828
Hometown Equity Mortgage, LLC 10 4.88% $15,198
First Guaranty Mortgage Corporation 10 3.83% $8,950
PRIMARY RESIDENTIAL MORTGAGE, INC. 10 5.13% $10,393
UNION HOME MORTGAGE CORP. 10 4.34% $10,314
THE MORTGAGE FIRM, INC. 9 5.68% $10,418
EMBRACE HOME LOANS, INC. 9 5.05% $10,685
Mortgage Research Center, LLC 9 5.14% $7,270
MORTGAGE SOLUTIONS OF COLORADO, LLC 9 4.93% $14,789
LEADERONE FINANCIAL CORPORATION 9 5.50% $12,131
LADERA LENDING, INC. 9 4.64% $15,378
LOANPAL, LLC 9 4.62% $14,914
Wolfe Financial, Inc 9 5.99% $9,321
ACOPIA, LLC 9 5.64% $9,954
SUN WEST MORTGAGE COMPANY, INC. 9 4.93% $13,753
GUILD MORTGAGE COMPANY 8 4.14% $8,340
CERTAINTY HOME LOANS, LLC 8 5.22% $9,777
RUOFF MORTGAGE COMPANY, INC. 8 4.50% $7,905
U.S. Bank 8 4.70% $8,820
Wells Fargo Bank 8 5.19% $9,390
GSF Mortgage Corporation 7 5.23% $10,918
FINANCE OF AMERICA MORTGAGE LLC 7 4.73% $13,797
GENEVA FINANCIAL, LLC 7 5.57% $14,453
Synovus Bank 7 5.64% $9,586
AMERICAN FINANCIAL RESOURCES, INC. 7 5.45% $8,424
Hometown Lenders, Inc. 7 4.52% $9,263
RESOURCE FINANCIAL SERVICES, INC. 7 5.13% $11,648
NETWORK CAPITAL FUNDING CORPORATION 6 4.63% $11,693
RESIDENTIAL HOME FUNDING CORP. 6 5.21% $12,737
HANCOCK MORTGAGE PARTNERS, LLC 6 4.19% $10,798
ABSOLUTE HOME MORTGAGE CORPORATION 6 5.35% $13,703
INSPIRE HOME LOANS INC. 6 4.88% $9,458
BAY EQUITY LLC 6 5.48% $12,250
AmeriHome Mortgage Company, LLC 6 4.63% $9,595
MORIA DEVELOPMENT, INC. 5 4.53% $11,097
PNC Bank 5 3.98% $7,899
LOANLEADERS OF AMERICA, INC. 5 4.85% $18,375
LIBERTY HOME MORTGAGE CORPORATION 5 4.93% $12,480
PANORAMA MORTGAGE GROUP, LLC 5 5.38% $15,977
United Community Bank 5 5.50% $11,278
VAN DYK MORTGAGE CORPORATION 5 5.33% $7,787
RELIANCE FIRST CAPITAL, LLC 5 4.95% $11,860
MID AMERICA MORTGAGE, INC. 5 5.78% $6,996
Summit Mortgage Corporation 5 5.32% $10,018
SUCCESS MORTGAGE PARTNERS, INC. 5 4.75% $11,039
FIRST EQUITY MORTGAGE INCORPORATED 4 4.63% $13,353
MY MORTGAGE, INC. 4 5.53% $14,567
Capital City Home Loans, LLC 4 4.72% $8,627
DAS Acquisition Company, LLC 4 5.16% $12,558
OPEN MORTGAGE, LLC 4 5.31% $10,553
INTELLILOAN, INC. 4 5.34% $18,341
Truist 4 3.83% $8,333
The Federal Savings Bank 4 5.44% $13,148
Strong Home Mortgage, LLC 4 4.28% $9,499
VANDERBILT MORTGAGE AND FINANCE, INC. 4 5.28% $13,867
M&T Bank 4 4.03% $10,818
South State Bank 4 4.44% $12,916
Loan Simple, Inc. 4 4.78% $13,565
ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 4.00% $9,417
Barrington Bank & Trust Company, N.A. 4 4.56% $9,923
ZILLOW HOME LOANS, LLC 3 4.33% $12,505
SOUTHERN TRUST MORTGAGE, LLC 3 4.04% $14,521
HOMESPIRE MORTGAGE CORPORATION 3 4.71% $7,981
SOUTHPOINT FINANCIAL SERVICES, INC. 3 5.29% $13,134
ALLIED MORTGAGE GROUP, INC. 3 5.21% $13,188
SOUTHWEST STAGE FUNDING, LLC 3 4.21% $11,872
LAND HOME FINANCIAL SERVICES, INC. 3 5.08% $13,746
AMCAP MORTGAGE, LTD. 3 4.50% $10,744
NFM, INC. 3 6.33% $10,819
NORWICH COMMERCIAL GROUP, INC. 3 4.88% $11,212
PHH Mortgage Corporation 3 3.75% $8,661
Peoples Bank 3 4.62% $15,224
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 3.42% $13,276
BECKAM FUNDING CORP. 3 6.12% $18,755
Atlantic Coast Mortgage, LLC 2 4.69% $9,732
GREAT WESTERN FINANCIAL SERVICES, INC. 2 4.38% $11,326
HOME SOLUTION LENDERS INC. 2 4.44% $12,216
FOUNDATION MORTGAGE CORPORATION 2 5.38% $18,724
FIRST MORTGAGE COMPANY, INC. 2 5.56% $8,055
First Home Bank 2 4.94% $14,766
LOANFLIGHT LENDING, LLC 2 4.37% $9,750
Magnolia Bank 2 5.44% $11,765
MICHIGAN MUTUAL, INC. 2 5.31% $17,500
Midwest Mortgage Associates Corporation 2 3.56% $7,753
MLB RESIDENTIAL LENDING, LLC 2 4.31% $11,038
DIRECT MORTGAGE LOANS, LLC 2 6.00% $7,691
NEW DAY FINANCIAL, LLC 2 4.38% $9,019
NP, Inc. 2 4.06% $9,056
OCMBC, INC. 2 5.19% $15,688
CALCON MUTUAL MORTGAGE LLC 2 5.56% $16,865
BETTER MORTGAGE CORPORATION 2 3.75% $13,328
BAYSHORE MORTGAGE FUNDING, LLC 2 4.44% $11,679
READY MORTGAGE LENDERS, LLC 2 5.56% $17,465
Sierra Pacific Mortgage Company, Inc. 2 4.31% $6,918
ARC HOME LLC 2 4.81% $9,457
SOVEREIGN LENDING GROUP INCORPORATED 2 4.63% $18,116
AmRes Corporation 2 4.88% $12,917
TD Bank 2 3.44% $9,375
The Home Loan Expert LLC 2 5.75% $10,337
TruHome Solutions, LLC 2 4.56% $9,925
VERITAS FUNDING, LLC 2 5.37% $19,421
Waterstone Mortgage Corporation 2 6.13% $14,586
NATIONS RELIABLE LENDING, LLC 1 5.50% $12,867
PERFORMANCE MORTGAGE LLC 1 4.62% $18,291
DELMAR FINANCIAL COMPANY 1 7.75% $17,040
DIRECT LENDERS, LLC 1 6.13% $7,589
Wyndham Capital Mortgage, Inc. 1 4.75% $11,557
BOND STREET MORTGAGE, LLC 1 3.75% $19,587
ENDEAVOR CAPITAL, LLC. 1 5.63% $13,089
POLARIS HOME FUNDING CORP. 1 4.63% $12,968
PREMIA MORTGAGE, LLC 1 4.63% $8,219
US MORTGAGE CORPORATION 1 4.75% $12,287
FAIR WAY LENDING LLC 1 3.25% $5,362
Princeton Mortgage Corporation 1 5.25% $21,782
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.99% $3,950
FAY SERVICING, LLC 1 5.25% $7,794
FEDERATED MORTGAGE CORP. 1 4.25% $8,357
RANLIFE, INC. 1 4.88% $11,108
RAPID MORTGAGE COMPANY 1 7.25% $8,373
Goldwater Bank, N.A. 1 4.25% $7,987
Fifth Third Bank 1 3.13% $6,783
MORTGAGE INVESTORS GROUP, INC. 1 3.13% $10,432
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 3.99% $13,819
RESIDENTIAL BANCORP 1 4.25% $6,028
MLD MORTGAGE INC. 1 5.38% $10,504
RESIDENTIAL HOME MORTGAGE CORPORATION 1 4.50% $13,411
MJW Financial LLC 1 6.75% $11,086
MDE Home Loans, LLC 1 5.00% $13,270
MCLEAN MORTGAGE CORPORATION 1 4.75% $15,211
S1L, Inc. 1 3.88% $7,418
SeaTrust Mortgage Company 1 6.63% $9,995
Financial Freedom Mortgage, LLC 1 5.63% $13,956
Semper Home Loans, Inc. 1 5.63% $11,274
SHELTER HOME MORTGAGE, LLC 1 5.38% $19,625
1ST FINANCIAL, INC. 1 5.25% $12,191
Simmons Bank 1 6.00% $9,532
SIRVA MORTGAGE, INC. 1 5.13% $11,834
MASON MCDUFFIE MORTGAGE CORPORATION 1 5.25% $10,068
Alerus Financial 1 3.75% $9,911
FirstBank 1 4.63% $8,704
FIRST CENTENNIAL MORTGAGE CORPORATION 1 5.75% $11,789
LEGEND LENDING CORPORATION 1 3.88% $6,190
AHL FUNDING 1 4.75% $14,842
ANGEL OAK HOME LOANS LLC 1 4.13% $8,310
First Mortgage Solutions, LLC 1 3.25% $11,929
First Savings Bank 1 3.75% $12,503
First United Bank and Trust Company 1 5.63% $16,556
Sunflower Bank 1 6.25% $7,589
Hancock Whitney Bank 1 6.63% $7,780
JMJ FINANCIAL GROUP 1 5.63% $18,191
FLAT BRANCH MORTGAGE, INC. 1 5.25% $9,447
T2 FINANCIAL LLC 1 5.25% $12,706
Advisors Mortgage Group, L.L.C. 1 5.25% $10,570
Texana Bank 1 5.13% $9,596
JET DIRECT FUNDING CORP 1 5.25% $18,206
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.88% $11,534
American Mortgage & Equity Consultants, Inc. 1 6.38% $11,881
The Union Bank Company 1 4.75% $12,800
TJC Mortgage, Inc. 1 3.63% $9,622
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 1 5.88% $18,170
AMERICAN BANCSHARES MORTGAGE 1 4.13% $18,724
GUARANTY HOME MORTGAGE CORPORATION 1 4.25% $6,199
INTERLINC MORTGAGE SERVICES, LLC 1 2.75% $6,325
Integrity Home Mortgage Corp 1 4.25% $14,683
Franklin Loan Corporation 1 5.13% $14,631
United Fidelity Funding Corp. 1 4.25% $15,617
NEXERA HOLDING LLC 1 3.88% $7,886
Cornerstone First Mortgage, Inc 1 3.63% $11,931
North American Savings Bank, F.S.B. 1 3.63% $12,448
Northpointe Bank 1 5.25% $6,416
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.88% $6,814
UNITED MORTGAGE CORP 1 5.50% $16,474
COLUMBUS CAPITAL LENDING, LLC 1 3.63% $12,760
OCEANSIDE MORTGAGE COMPANY 1 3.63% $2,267
GERSHMAN INVESTMENT CORP. 1 5.63% $9,669
Neighborhood Loans, Inc. 1 5.25% $14,683
CityWorth Mortgage LLC 1 5.63% $11,290
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 4.75% $16,075
NBKC BANK 1 4.75% $14,353
CIS Financial Services, Inc. 1 6.13% $8,342
Centennial Bank 1 5.88% $9,498

The top Jacksonville FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 522 FHA loans originated. Their average total fees are $11,496, which is $149 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Jacksonville FHA lenders (with over 10 loans originated) are Bank of America ($6,517), HOMEAMERICAN MORTGAGE CORPORATION ($7,311), VYSTAR ($7,439), EVERETT FINANCIAL, INC. ($7,598) and Lakeview Community Capital, LLC ($7,797).

The lowest rate Jacksonville FHA lenders (with over 10 loans originated) are First Guaranty Mortgage Corporation (3.83%), Lakeview Community Capital, LLC (3.91%), Bank of America (4.06%), Citizens Bank (4.07%) and First Option Mortgage, LLC (4.12%).

Jacksonville FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
JACKSONVILLE, FL BAKER 2022 $432,400 $553,550 $669,100 $831,550
JACKSONVILLE, FL CLAY 2022 $432,400 $553,550 $669,100 $831,550
JACKSONVILLE, FL DUVAL 2022 $432,400 $553,550 $669,100 $831,550
JACKSONVILLE, FL NASSAU 2022 $432,400 $553,550 $669,100 $831,550
JACKSONVILLE, FL ST. JOHNS 2022 $432,400 $553,550 $669,100 $831,550
JACKSONVILLE, FL BAKER 2023 $526,700 $674,250 $815,050 $1,012,900
JACKSONVILLE, FL CLAY 2023 $526,700 $674,250 $815,050 $1,012,900
JACKSONVILLE, FL DUVAL 2023 $526,700 $674,250 $815,050 $1,012,900
JACKSONVILLE, FL NASSAU 2023 $526,700 $674,250 $815,050 $1,012,900
JACKSONVILLE, FL ST. JOHNS 2023 $526,700 $674,250 $815,050 $1,012,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Jacksonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $311,750 (9.4%) $425,365 (6.3%) 1.16 6,546
2018-02-01 $318,945 (11.1%) $431,988 (8.2%) 1.16 6,707
2018-03-01 $324,900 (9.0%) $443,043 (7.9%) 1.14 6,988
2018-04-01 $324,450 (7.6%) $443,499 (5.9%) 1.10 7,114
2018-05-01 $319,950 (1.6%) $444,180 (2.3%) 1.07 7,350
2018-06-01 $319,900 (3.4%) $437,133 (1.8%) 1.07 7,618
2018-07-01 $309,000 (0.0%) $422,864 (-1.2%) 1.03 8,142
2018-08-01 $302,295 (-2.2%) $419,305 (-1.8%) 1.01 8,167
2018-09-01 $299,000 (-1.6%) $411,008 (-2.9%) 1.01 8,163
2018-10-01 $294,995 (-4.6%) $406,825 (-3.3%) 1.00 8,334
2018-11-01 $291,495 (-6.0%) $403,686 (-4.7%) 0.99 8,427
2018-12-01 $295,895 (-3.0%) $403,835 (-3.6%) 1.02 8,114
2019-01-01 $296,995 (-4.7%) $408,388 (-4.0%) 1.03 7,813
2019-02-01 $299,900 (-6.0%) $415,188 (-3.9%) 1.01 7,884
2019-03-01 $305,081 (-6.1%) $428,793 (-3.2%) 1.00 7,863
2019-04-01 $312,312 (-3.7%) $443,583 (0.0%) 0.99 7,891
2019-05-01 $314,950 (-1.6%) $445,407 (0.3%) 0.98 7,911
2019-06-01 $311,302 (-2.7%) $444,273 (1.6%) 0.97 7,951
2019-07-01 $308,117 (-0.3%) $438,962 (3.8%) 0.96 7,885
2019-08-01 $303,969 (0.6%) $436,270 (4.1%) 0.96 7,866
2019-09-01 $301,680 (0.9%) $435,985 (6.1%) 0.97 7,772
2019-10-01 $299,925 (1.7%) $435,200 (7.0%) 0.97 7,718
2019-11-01 $299,999 (2.9%) $437,370 (8.3%) 0.98 7,593
2019-12-01 $299,948 (1.4%) $437,599 (8.4%) 1.00 7,243
2020-01-01 $299,950 (1.0%) $437,961 (7.2%) 1.00 6,861
2020-02-01 $310,000 (3.4%) $444,812 (7.1%) 1.01 6,784
2020-03-01 $311,493 (2.1%) $441,916 (3.1%) 0.98 6,845
2020-04-01 $299,950 (-4.0%) $428,421 (-3.4%) 0.94 7,385
2020-05-01 $305,990 (-2.8%) $434,250 (-2.5%) 0.93 7,040
2020-06-01 $308,423 (-0.9%) $435,167 (-2.1%) 0.91 6,225
2020-07-01 $312,450 (1.4%) $442,590 (0.8%) 0.91 5,631
2020-08-01 $315,000 (3.6%) $451,078 (3.4%) 0.90 5,025
2020-09-01 $315,000 (4.4%) $458,640 (5.2%) 0.90 4,440
2020-10-01 $309,500 (3.2%) $456,928 (5.0%) 0.89 4,255
2020-11-01 $302,945 (1.0%) $461,768 (5.6%) 0.89 4,078
2020-12-01 $300,864 (0.3%) $464,782 (6.2%) 0.89 3,699
2021-01-01 $303,900 (1.3%) $470,488 (7.4%) 0.91 3,040
2021-02-01 $313,503 (1.1%) $492,995 (10.8%) 0.91 2,450
2021-03-01 $319,450 (2.6%) $502,391 (13.7%) 0.91 2,159
2021-04-01 $329,950 (10.0%) $523,859 (22.3%) 0.89 2,144
2021-05-01 $336,600 (10.0%) $519,338 (19.6%) 0.89 2,213
2021-06-01 $345,592 (12.1%) $519,530 (19.4%) 0.91 2,441
2021-07-01 $349,900 (12.0%) $527,632 (19.2%) 0.92 2,753
2021-08-01 $350,000 (11.1%) $526,848 (16.8%) 0.93 2,893
2021-09-01 $359,923 (14.3%) $527,742 (15.1%) 0.96 3,017
2021-10-01 $355,000 (14.7%) $511,506 (11.9%) 0.95 3,080
2021-11-01 $361,500 (19.3%) $521,969 (13.0%) 0.97 2,780
2021-12-01 $367,950 (22.3%) $546,586 (17.6%) 1.00 2,394
2022-01-01 $375,000 (23.4%) $564,407 (20.0%) 1.01 2,147
2022-02-01 $380,000 (21.2%) $580,587 (17.8%) 0.99 1,859
2022-03-01 $395,925 (23.9%) $600,690 (19.6%) 0.99 1,732
2022-04-01 $410,000 (24.3%) $601,499 (14.8%) 0.98 2,003
2022-05-01 $427,950 (27.1%) $612,944 (18.0%) 0.98 2,655
2022-06-01 $439,473 (27.2%) $611,924 (17.8%) 0.98 3,384
2022-07-01 $426,963 (22.0%) $595,293 (12.8%) 0.96 4,383
2022-08-01 $420,135 (20.0%) $590,359 (12.1%) 0.97 5,149
2022-09-01 $409,498 (13.8%) $570,660 (8.1%) 0.96 5,574
2022-10-01 $400,000 (12.7%) $564,187 (10.3%) 0.94 5,848
2022-11-01 $397,500 (10.0%) $550,419 (5.5%) 0.96 6,048
2022-12-01 $389,000 (5.7%) $543,580 (-0.6%) 0.96 5,804
2023-01-01 $385,000 (2.7%) $544,127 (-3.6%) 0.95 5,299
2023-02-01 $389,720 (2.6%) $555,031 (-4.4%) 0.94 5,065
2023-03-01 $399,450 (0.9%) $577,661 (-3.8%) 0.94 4,789
2023-04-01 $410,000 (0.0%) $599,640 (-0.3%) 0.95 4,498
2023-05-01 $426,376 (-0.4%) $623,358 (1.7%) 0.97 4,446
2023-06-01 $438,998 (-0.1%) $631,847 (3.3%) 0.99 4,716
2023-07-01 $435,000 (1.9%) $626,948 (5.3%) 0.99 4,827
2023-08-01 $427,500 (1.8%) $607,780 (3.0%) 0.98 4,961
2023-09-01 $424,900 (3.8%) $602,249 (5.5%) 0.99 5,271
2023-10-01 $425,000 (6.3%) $603,796 (7.0%) 1.00 5,678
2023-11-01 $412,000 (3.7%) $588,535 (6.9%) 0.98 5,967
2023-12-01 $407,697 (4.8%) $577,685 (6.3%) 0.99 5,951
Jacksonville's median listing price for 2023-12-01 was $407,697, a difference of $18,697 (4.8%) versus the prior year and $-4,303 versus the prior month.

Jacksonville's median listing price comes in at 99% of the national average.

Jacksonville's average listing price for 2023-12-01 was $577,685, a difference of $34,105 (6.3%) versus the prior year and $-10,850 versus the prior month.

For the 2023-12-01 period, Jacksonville had 5,951 MLS listings, a difference of -16 listings (0%) versus the prior month and 147 listings (3%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Jacksonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 79 days 2,077 sqft
2018-02-01 70 days 2,077 sqft
2018-03-01 52 days 2,115 sqft
2018-04-01 54 days 2,113 sqft
2018-05-01 56 days 2,098 sqft
2018-06-01 57 days 2,103 sqft
2018-07-01 58 days 2,056 sqft
2018-08-01 60 days 2,037 sqft
2018-09-01 65 days 2,013 sqft
2018-10-01 65 days 2,000 sqft
2018-11-01 68 days 1,986 sqft
2018-12-01 73 days 1,987 sqft
2019-01-01 80 days 1,977 sqft
2019-02-01 74 days 1,972 sqft
2019-03-01 64 days 2,012 sqft
2019-04-01 58 days 2,043 sqft
2019-05-01 59 days 2,055 sqft
2019-06-01 60 days 2,049 sqft
2019-07-01 64 days 2,041 sqft
2019-08-01 65 days 2,021 sqft
2019-09-01 67 days 2,002 sqft
2019-10-01 68 days 1,989 sqft
2019-11-01 65 days 1,986 sqft
2019-12-01 71 days 1,980 sqft
2020-01-01 78 days 1,976 sqft
2020-02-01 69 days 1,981 sqft
2020-03-01 56 days 1,961 sqft
2020-04-01 59 days 1,915 sqft
2020-05-01 66 days 1,933 sqft
2020-06-01 72 days 1,931 sqft
2020-07-01 71 days 1,937 sqft
2020-08-01 70 days 1,922 sqft
2020-09-01 63 days 1,896 sqft
2020-10-01 58 days 1,862 sqft
2020-11-01 57 days 1,852 sqft
2020-12-01 59 days 1,830 sqft
2021-01-01 60 days 1,819 sqft
2021-02-01 54 days 1,799 sqft
2021-03-01 44 days 1,809 sqft
2021-04-01 38 days 1,805 sqft
2021-05-01 39 days 1,810 sqft
2021-06-01 35 days 1,800 sqft
2021-07-01 36 days 1,804 sqft
2021-08-01 36 days 1,797 sqft
2021-09-01 37 days 1,785 sqft
2021-10-01 37 days 1,800 sqft
2021-11-01 42 days 1,794 sqft
2021-12-01 48 days 1,797 sqft
2022-01-01 47 days 1,796 sqft
2022-02-01 37 days 1,798 sqft
2022-03-01 34 days 1,845 sqft
2022-04-01 29 days 1,834 sqft
2022-05-01 27 days 1,853 sqft
2022-06-01 29 days 1,851 sqft
2022-07-01 33 days 1,852 sqft
2022-08-01 41 days 1,846 sqft
2022-09-01 46 days 1,835 sqft
2022-10-01 53 days 1,822 sqft
2022-11-01 59 days 1,815 sqft
2022-12-01 64 days 1,804 sqft
2023-01-01 73 days 1,798 sqft
2023-02-01 64 days 1,808 sqft
2023-03-01 52 days 1,815 sqft
2023-04-01 51 days 1,840 sqft
2023-05-01 48 days 1,860 sqft
2023-06-01 45 days 1,869 sqft
2023-07-01 50 days 1,862 sqft
2023-08-01 49 days 1,855 sqft
2023-09-01 50 days 1,835 sqft
2023-10-01 51 days 1,825 sqft
2023-11-01 53 days 1,812 sqft
2023-12-01 61 days 1,800 sqft
Jacksonville's median listing age (time on market) for 2023-12-01 was 61 days. This is -5% shorter than the same period one year ago.

Jacksonville's median square footage for active listings during the 2023-12-01 period was 1,800 sqft. One year prior, the average listing was 1,804 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).