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 238 lenders originated 6,209 FHA loans during 2023. The total origination value was $1,798,975,000, with an average FHA loan value of $289,737.

Jacksonville FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Jacksonville averaged 6.59% for the week of 2024-07-05, compared to the national average (all FHA variants) of 6.724% for the same period.

Jacksonville's average FHA mortgage closing costs are $8,813.

The average rate for the prior week (2024-06-28) was 6.45% and one month ago for the week of 2024-05-31, the average rate was 6.54%.

The average rate one year ago was 6.11%.

For refis of the same type during the week of 2024-07-05, the average rate was 6.7%.

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 863 6.28% $13,467
DHI MORTGAGE COMPANY, LTD. 517 5.29% $8,446
QUICKEN LOANS, LLC 406 6.18% $12,696
Bank of England 202 6.38% $11,745
JET HOMELOANS, LLC 191 5.86% $13,580
EAGLE HOME MORTGAGE, LLC 175 5.06% $13,269
CARDINAL FINANCIAL 143 6.24% $12,213
KBHS HOME LOANS, LLC 138 6.00% $13,913
CROSSCOUNTRY MORTGAGE, LLC 120 6.56% $13,567
LOANDEPOT.COM, LLC 113 6.43% $13,156
HOMEAMERICAN MORTGAGE CORPORATION 105 5.39% $7,400
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 99 6.61% $12,953
PENNYMAC LOAN SERVICES, LLC 91 6.19% $13,359
MOVEMENT MORTGAGE, LLC 80 6.60% $11,748
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 78 6.73% $12,025
FREEDOM MORTGAGE CORPORATION 71 6.41% $15,409
AMERICAN PACIFIC MORTGAGE CORPORATION 56 6.72% $11,364
Equity Prime Mortgage LLC 55 6.85% $13,449
Ameris Bank 54 6.25% $12,946
Paramount Residential Mortgage Group, Inc. 53 6.68% $16,342
Mr. Cooper ( Nationstar Mortgage ) 52 6.14% $16,329
Plains Commerce Bank 50 6.46% $13,074
MATTAMY HOME FUNDING, LLC 49 5.65% $12,457
BROKER SOLUTIONS, INC. 43 6.52% $13,108
CMG MORTGAGE, INC. 43 6.63% $13,923
NEWREZ LLC 42 6.51% $12,077
Carrington Mortgage Services, LLC 42 6.27% $14,454
FBC MORTGAGE, LLC 40 5.79% $10,274
Flagstar Bank, FSB 37 6.39% $12,248
SWBC MORTGAGE CORPORATION 36 6.77% $8,220
Century Mortgage Company DBA Century Lending Company 36 6.48% $13,313
SECURITYNATIONAL MORTGAGE COMPANY 35 6.44% $11,563
VYSTAR 35 7.01% $6,532
ACADEMY MORTGAGE CORPORATION 35 6.66% $12,758
PLANET HOME LENDING, LLC 34 6.12% $12,754
RESIDENTIAL BANCORP 32 6.38% $14,606
HOMEOWNERS FINANCIAL GROUP USA, LLC 32 6.39% $11,900
INSPIRE HOME LOANS INC. 31 5.58% $9,013
EVERETT FINANCIAL, INC. 30 6.94% $11,914
AMERICAN FINANCIAL NETWORK, INC. 30 6.90% $14,938
PULTE MORTGAGE LLC 30 5.80% $8,811
Alcova Mortgage LLC 30 6.53% $10,942
PRIMELENDING, A PLAINSCAPITAL COMPANY 30 6.77% $13,453
EMM LOANS LLC 28 6.21% $15,661
First Option Mortgage, LLC 27 6.75% $12,454
ENVOY MORTGAGE, LTD 27 6.25% $12,017
WATSON MORTGAGE CORP. 27 6.51% $11,051
Summit Mortgage Corporation 27 6.57% $10,077
SUN WEST MORTGAGE COMPANY, INC. 26 6.38% $15,325
Prosperity Home Mortgage, LLC 25 6.48% $11,631
Network Funding, L.P. 25 6.86% $12,275
AMERISAVE MORTGAGE CORPORATION 24 5.93% $17,420
South Pacific Financial Corporation 22 5.44% $8,256
GUARANTEED RATE, INC. 21 6.01% $14,420
PLAZA HOME MORTGAGE, INC. 21 6.33% $14,071
UNION HOME MORTGAGE CORP. 21 6.48% $12,594
MUTUAL OF OMAHA MORTGAGE, INC. 20 6.54% $16,744
LAKEVIEW LOAN SERVICING, LLC 19 6.10% $14,335
First Federal Bank 19 6.08% $9,824
STOCKTON MORTGAGE CORPORATION 18 6.31% $12,890
Gateway First Bank 17 6.40% $11,088
Regions Bank 17 5.68% $10,172
NVR Mortgage Finance, Inc. 17 5.45% $11,091
Keystone Funding, Inc. 17 6.08% $17,357
ACOPIA, LLC 15 6.85% $11,403
CHURCHILL MORTGAGE CORPORATION 14 6.16% $12,706
MILEND, INC. 14 6.35% $15,527
NATIONS DIRECT MORTGAGE, LLC 13 6.90% $11,608
MORTGAGE SOLUTIONS OF COLORADO, LLC 13 6.53% $14,820
HOMEBRIDGE FINANCIAL SERVICES, INC. 13 6.24% $12,468
GUILD MORTGAGE COMPANY 13 7.29% $13,215
GUARANTEED RATE AFFINITY, LLC 12 6.64% $12,764
TOP FLITE FINANCIAL, INC. 12 6.76% $17,306
AMERICAN FINANCIAL RESOURCES, INC. 12 6.91% $10,043
ARK-LA-TEX FINANCIAL SERVICES, LLC. 12 6.22% $9,267
DIRECT MORTGAGE LOANS, LLC 12 6.40% $11,461
Mortgage Research Center, LLC 11 6.98% $6,126
United Community Bank 11 6.31% $10,364
U.S. Bank 11 6.53% $11,850
Nations Lending Corporation 11 6.65% $12,461
JPMorgan Chase Bank 10 5.97% $7,643
Mortgage Lenders Investment Trading Corporation 10 6.89% $11,161
OCMBC, INC. 10 7.08% $13,205
TOWNE MORTGAGE COMPANY 10 6.61% $13,162
LOANPAL, LLC 9 6.35% $10,887
AMCAP MORTGAGE, LTD. 9 6.67% $12,997
Sierra Pacific Mortgage Company, Inc. 9 6.72% $11,531
HOMESTAR FINANCIAL CORPORATION 9 6.64% $8,851
NATIONWIDE MORTGAGE BANKERS, INC. 9 6.64% $9,974
Renasant Bank 8 5.98% $12,250
HOMESIDE FINANCIAL, LLC 8 6.69% $11,281
AMERICAN FINANCING CORPORATION 8 6.00% $16,005
NETWORK CAPITAL FUNDING CORPORATION 7 6.05% $13,351
RESOURCE FINANCIAL SERVICES, INC. 7 6.64% $11,744
GENEVA FINANCIAL, LLC 7 7.07% $20,541
Citizens Bank 6 6.33% $11,428
Synovus Bank 6 6.94% $9,858
SUCCESS MORTGAGE PARTNERS, INC. 6 6.42% $10,768
LEADERONE FINANCIAL CORPORATION 6 6.54% $13,362
VILLAGE CAPITAL MORTGAGE 6 5.57% $12,973
Barrington Bank & Trust Company, N.A. 6 6.25% $10,034
Capital City Home Loans, LLC 5 6.63% $13,276
CALIBER HOME LOANS, INC. 5 6.53% $11,744
ABSOLUTE HOME MORTGAGE CORPORATION 5 6.92% $14,088
BAY EQUITY LLC 5 7.02% $12,758
Waterstone Mortgage Corporation 5 6.33% $15,895
FIRST COMMUNITY MORTGAGE, INC. 5 7.15% $10,773
PNC Bank 5 6.50% $9,500
ALLIED MORTGAGE GROUP, INC. 5 6.30% $9,925
ROYAL UNITED MORTGAGE LLC 5 6.78% $16,704
CONTOUR MORTGAGE CORPORATION 4 6.19% $18,612
MY MORTGAGE, INC. 4 7.06% $12,213
Hancock Whitney Bank 4 5.94% $10,919
THE MORTGAGE FIRM, INC. 4 6.78% $9,575
LIBERTY HOME MORTGAGE CORPORATION 4 6.78% $17,147
SOUTHPOINT FINANCIAL SERVICES, INC. 4 7.16% $8,716
BETTER MORTGAGE CORPORATION 4 6.38% $7,800
GSF Mortgage Corporation 4 6.75% $10,085
South State Bank 4 6.00% $13,131
MICHIGAN MUTUAL, INC. 4 6.53% $15,820
RESIDENTIAL HOME FUNDING CORP. 4 6.28% $18,027
UNIVERSAL MORTGAGE & FINANCE, INC. 4 7.06% $87,483
FIRST CENTENNIAL MORTGAGE CORPORATION 4 6.44% $8,040
Wells Fargo Bank 4 6.50% $10,779
MID AMERICA MORTGAGE, INC. 3 7.38% $9,084
Florida Capital Bank 3 6.83% $13,972
NFM, INC. 3 5.96% $12,499
SOUTHERN TRUST MORTGAGE, LLC 3 6.54% $11,581
The Federal Savings Bank 3 6.08% $15,994
ENDEAVOR CAPITAL, LLC. 3 6.50% $12,673
EMBRACE HOME LOANS, INC. 3 6.41% $11,694
DELMAR FINANCIAL COMPANY 3 6.88% $12,036
LADERA LENDING, INC. 3 6.00% $16,345
Lakeview Community Capital, LLC 3 5.83% $15,072
Truist 3 5.90% $10,483
LAND HOME FINANCIAL SERVICES, INC. 3 7.00% $19,418
City National Bank of Florida 3 6.29% $9,278
RUOFF MORTGAGE COMPANY, INC. 3 5.54% $8,126
Loan Simple, Inc. 3 7.04% $13,283
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 7.13% $15,449
CALCON MUTUAL MORTGAGE LLC 3 6.50% $15,539
MLB RESIDENTIAL LENDING, LLC 3 7.04% $15,789
Bell Bank 3 6.00% $11,313
Bank of America 3 5.83% $9,266
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.04% $11,120
AmeriHome Mortgage Company, LLC 3 6.29% $10,567
M&T Bank 3 6.79% $15,613
VERITAS FUNDING, LLC 3 6.38% $16,331
OPEN MORTGAGE, LLC 3 6.67% $10,974
OCEANSIDE MORTGAGE COMPANY 3 6.17% $10,984
NBKC BANK 3 6.04% $10,089
ZILLOW HOME LOANS, LLC 2 6.00% $11,936
BECKAM FUNDING CORP. 2 6.19% $18,721
DRAPER AND KRAMER MORTGAGE CORP. 2 6.19% $11,194
Fifth Third Bank 2 6.19% $8,897
FIRST ALLIANCE HOME MORTGAGE, LLC 2 6.69% $14,225
FIRST EQUITY MORTGAGE INCORPORATED 2 5.44% $17,807
FIRST MORTGAGE COMPANY, INC. 2 5.94% $12,035
FLAT BRANCH MORTGAGE, INC. 2 6.44% $11,314
GERSHMAN INVESTMENT CORP. 2 6.31% $7,304
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 5.63% $13,800
HOME SOLUTION LENDERS INC. 2 6.81% $12,570
Hometown Equity Mortgage, LLC 2 7.44% $10,207
MANN FINANCIAL INC. 2 7.19% $15,971
Mortgage Assurance Inc. 2 6.75% $8,468
NexBank 2 6.06% $12,076
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.50% $15,930
RESIDENTIAL HOME MORTGAGE CORPORATION 2 6.38% $13,478
SeaTrust Mortgage Company 2 6.13% $9,739
TruHome Solutions, LLC 2 6.00% $13,260
Wolfe Financial, Inc 2 7.00% $12,308
Premium Mortgage Corporation 1 6.13% $18,427
AHL FUNDING 1 6.75% $12,156
NORWICH COMMERCIAL GROUP, INC. 1 7.13% $12,077
NEXERA HOLDING LLC 1 5.88% $5,821
NEW FED MORTGAGE, CORP. 1 7.25% $8,716
MORTGAGE ACCESS CORP. 1 6.25% $12,268
RADIUS FINANCIAL GROUP INC. 1 7.25% $18,186
RAPID MORTGAGE COMPANY 1 6.75% $5,566
MORTGAGE 1 INCORPORATED 1 5.63% $10,761
RELIANCE FIRST CAPITAL, LLC 1 7.13% $9,484
MLD MORTGAGE INC. 1 6.63% $6,493
Mid-Continent Funding, Inc. 1 5.63% $21,850
MEMBER FIRST MORTGAGE, LLC 1 6.63% $9,219
Advisors Mortgage Group, L.L.C. 1 5.63% $13,959
Residential Mortgage Solutions, Inc. 1 5.63% $16,152
LOANPEOPLE, LLC 1 7.25% $19,131
ROSS MORTGAGE CORPORATION 1 6.75% $8,179
LOANLEADERS OF AMERICA, INC. 1 5.75% $31,063
LOANFLIGHT LENDING, LLC 1 6.75% $10,301
S1L, Inc. 1 6.75% $11,570
1ST SIGNATURE LENDING, LLC 1 6.63% $15,058
Leader Bank 1 6.13% $10,384
J. VIRGIL, INC. 1 5.75% $11,159
INTELLILOAN, INC. 1 6.75% $18,925
Integrity Home Mortgage Corp 1 6.75% $12,843
Gulf Coast Bank and Trust Company 1 6.75% $10,911
GUARANTY HOME MORTGAGE CORPORATION 1 6.63% $14,695
SOUTHWEST STAGE FUNDING, LLC 1 7.75% $15,038
SOVEREIGN LENDING GROUP INCORPORATED 1 6.25% $15,915
GoPrime Mortgage, Inc. 1 7.25% $16,081
GEORGIA'S OWN 1 6.63% $9,219
SUMMIT FUNDING, INC. 1 6.75% $8,510
George Mason Mortgage, LLC 1 6.25% $13,387
First Internet Bank of Indiana 1 5.63% $6,422
First Horizon Bank 1 5.88% $12,653
Financial Freedom Mortgage, LLC 1 6.88% $17,176
T2 FINANCIAL LLC 1 7.25% $10,008
The Central Trust Bank 1 5.13% $10,761
FIDELITY BANK 1 7.00% $7,654
The Huntington National Bank 1 6.75% $8,550
The Loan Store, Inc. 1 7.38% $17,994
FAIR WAY LENDING LLC 1 5.50% $8,302
TIDEWATER MORTGAGE SERVICES, INC. 1 6.63% $12,530
Evolve Bank & Trust 1 7.38% $24,370
TOTAL MORTGAGE SERVICES, LLC 1 7.25% $15,001
DIRECT MORTGAGE, CORP. 1 6.50% $15,083
Town Square Mortgage & Investments, Inc. 1 7.25% $6,761
Wyndham Capital Mortgage, Inc. 1 5.63% $10,306
CORNERSTONE HOME LENDING, INC. 1 6.00% $12,766
COMMUNITY MORTGAGE, LLC 1 5.88% $10,123
United Bank 1 6.63% $12,078
CANOPY MORTGAGE, LLC 1 6.13% $14,710
Bethpage Federal Credit Union 1 6.13% $3,475
Assurance Financial Group, L.L.C. 1 6.75% $11,312
ARC HOME LLC 1 5.63% $12,068
US MORTGAGE CORPORATION 1 6.13% $23,833
VAN DYK MORTGAGE CORPORATION 1 7.13% $7,467
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.75% $10,339
American Mortgage & Equity Consultants, Inc. 1 7.25% $9,800
VISION ONE MORTGAGE, INC. 1 6.75% $11,736
AMERICAN BANCSHARES MORTGAGE 1 7.13% $13,012
ALAMEDA MORTGAGE CORPORATION 1 5.75% $11,951
PHH Mortgage Corporation 1 6.63% $10,874
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 7.25% $16,868
ON Q FINANCIAL, INC. 1 7.13% $18,173
POINT Mortgage 1 6.75% $16,616
PREMIA MORTGAGE, LLC 1 5.88% $5,632

The top Jacksonville FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 863 FHA loans originated. Their average total fees are $13,467, which is $5,021 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Jacksonville FHA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,126), VYSTAR ($6,532), HOMEAMERICAN MORTGAGE CORPORATION ($7,400), JPMorgan Chase Bank ($7,643) and SWBC MORTGAGE CORPORATION ($8,220).

The lowest rate Jacksonville FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.06%), DHI MORTGAGE COMPANY, LTD. (5.29%), HOMEAMERICAN MORTGAGE CORPORATION (5.39%), South Pacific Financial Corporation (5.44%) and NVR Mortgage Finance, Inc. (5.45%).

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
2024-01-01 $404,950 (5.2%) $573,897 (5.5%) 0.99 5,751
2024-02-01 $410,000 (5.2%) $575,287 (3.7%) 0.99 6,209
2024-03-01 $415,000 (3.9%) $590,907 (2.3%) 0.98 6,636
2024-04-01 $420,000 (2.4%) $597,036 (-0.4%) 0.98 7,158
2024-05-01 $422,558 (-0.9%) $602,779 (-3.3%) 0.96 7,541
2024-06-01 $424,000 (-3.4%) $605,582 (-4.2%) 0.95 7,997
Jacksonville's median listing price for 2024-06-01 was $424,000, a difference of $-14,998 (-3.4%) versus the prior year and $1,442 versus the prior month.

Jacksonville's median listing price comes in at 95% of the national average.

Jacksonville's average listing price for 2024-06-01 was $605,582, a difference of $-26,265 (-4.2%) versus the prior year and $2,803 versus the prior month.

For the 2024-06-01 period, Jacksonville had 7,997 MLS listings, a difference of 456 listings (6%) versus the prior month and 3,281 listings (70%) 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 1,978 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 2,020 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 1,816 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 1,856 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
2024-01-01 66 days 1,786 sqft
2024-02-01 51 days 1,784 sqft
2024-03-01 47 days 1,800 sqft
2024-04-01 51 days 1,809 sqft
2024-05-01 50 days 1,814 sqft
2024-06-01 52 days 1,820 sqft
Jacksonville's median listing age (time on market) for 2024-06-01 was 52 days. This is 15% longer than the same period one year ago.

Jacksonville's median square footage for active listings during the 2024-06-01 period was 1,820 sqft. One year prior, the average listing was 1,869 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).