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 267 lenders originated 9,251 FHA loans during 2021. The total origination value was $2,121,635,000, with an average FHA loan value of $229,341.

Jacksonville FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Jacksonville averaged -0.07% for the week of 2022-11-25, compared to the national average (all FHA variants) of 0% for the same period.

Jacksonville's average FHA mortgage closing costs are $7,638.

The average rate for the prior week (2022-11-18) was 6.45% and one month ago for the week of 2022-10-21, the average rate was 6.96%.

The average rate one year ago was 3.23%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.23%.

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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 752 2.74% $6,634
DHI MORTGAGE COMPANY, LTD. 422 2.96% $7,559
UNITED WHOLESALE MORTGAGE, LLC 380 2.80% $8,319
CALIBER HOME LOANS, INC. 308 2.93% $7,527
LAKEVIEW LOAN SERVICING, LLC 302 3.06% $5,129
FREEDOM MORTGAGE CORPORATION 267 2.90% $5,964
EAGLE HOME MORTGAGE, LLC 233 3.26% $9,398
PENNYMAC LOAN SERVICES, LLC 225 3.09% $5,860
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 215 2.99% $8,350
KBHS HOME LOANS, LLC 204 3.28% $12,040
Mr. Cooper ( Nationstar Mortgage ) 195 3.29% $4,615
LOANDEPOT.COM, LLC 185 3.33% $8,633
Bank of England 172 3.16% $9,228
JET HOMELOANS, LLC 172 3.19% $10,256
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 158 3.23% $8,539
NEWREZ LLC 122 3.00% $7,208
ACADEMY MORTGAGE CORPORATION 120 3.32% $8,657
CMG MORTGAGE, INC. 112 3.24% $9,457
HAMILTON HOME LOANS, INC. 105 3.24% $8,032
Carrington Mortgage Services, LLC 101 3.41% $8,815
Equity Prime Mortgage LLC 100 3.30% $7,352
CROSSCOUNTRY MORTGAGE, LLC 99 3.26% $9,243
Lakeview Community Capital, LLC 97 3.08% $4,907
HOMEOWNERS FINANCIAL GROUP USA, LLC 91 3.22% $8,363
MOVEMENT MORTGAGE, LLC 86 3.15% $7,238
HOME POINT FINANCIAL CORPORATION 83 2.81% $8,424
AMERICAN FINANCIAL NETWORK, INC. 83 3.20% $14,488
HOMEAMERICAN MORTGAGE CORPORATION 79 2.90% $5,814
VILLAGE CAPITAL MORTGAGE 74 2.96% $3,025
SWBC MORTGAGE CORPORATION 74 3.22% $6,519
Paramount Residential Mortgage Group, Inc. 64 3.40% $10,798
GUARANTEED RATE, INC. 64 3.07% $8,907
Mortgage Lenders Investment Trading Corporation 60 3.46% $6,654
Gateway First Bank 60 3.28% $7,582
AMERICAN PACIFIC MORTGAGE CORPORATION 56 3.03% $9,075
FBC MORTGAGE, LLC 54 3.19% $7,719
MATTAMY HOME FUNDING, LLC 51 2.56% $11,259
AmeriHome Mortgage Company, LLC 51 2.89% $4,618
STOCKTON MORTGAGE CORPORATION 49 2.94% $7,973
GUILD MORTGAGE COMPANY 46 3.20% $7,895
WATSON MORTGAGE CORP. 46 3.02% $8,017
UNION HOME MORTGAGE CORP. 45 3.18% $8,776
BROKER SOLUTIONS, INC. 45 3.10% $8,170
HOMEBRIDGE FINANCIAL SERVICES, INC. 45 3.08% $9,672
RESOURCE FINANCIAL SERVICES, INC. 42 3.05% $6,728
Ameris Bank 41 2.85% $9,062
NATIONWIDE MORTGAGE BANKERS, INC. 40 3.57% $8,882
Prosperity Home Mortgage, LLC 40 3.58% $8,143
U.S. Bank 38 2.80% $8,184
Renasant Bank 37 2.99% $7,909
First Federal Bank 37 3.14% $7,873
Nations Lending Corporation 33 3.31% $9,255
PLANET HOME LENDING, LLC 33 2.83% $5,418
OVM FINANCIAL, INC. 33 3.36% $8,170
AMERISAVE MORTGAGE CORPORATION 32 2.98% $8,346
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 31 3.32% $11,013
First Option Mortgage, LLC 30 3.23% $8,353
FINANCE OF AMERICA MORTGAGE LLC 30 3.01% $8,963
CHURCHILL MORTGAGE CORPORATION 30 3.08% $8,585
HOMESTAR FINANCIAL CORPORATION 29 3.21% $7,385
PLAZA HOME MORTGAGE, INC. 29 3.28% $10,125
Wolfe Financial, Inc 29 3.20% $8,531
Alcova Mortgage LLC 28 3.26% $7,603
Hometown Equity Mortgage, LLC 27 3.54% $9,470
TOWNE MORTGAGE COMPANY 26 3.13% $8,484
PRIMARY RESIDENTIAL MORTGAGE, INC. 25 3.64% $11,494
CONTOUR MORTGAGE CORPORATION 24 3.20% $8,770
First Guaranty Mortgage Corporation 23 2.90% $7,379
PULTE MORTGAGE LLC 22 3.07% $6,571
VYSTAR 22 2.81% $5,698
InterContinental Capital Group, Inc 21 2.73% $8,164
EMBRACE HOME LOANS, INC. 21 3.01% $9,323
NATIONS DIRECT MORTGAGE, LLC 20 3.29% $8,250
Citizens Bank 20 2.87% $8,727
NVR Mortgage Finance, Inc. 19 3.13% $9,036
Commerce Home Mortgage, Inc. 19 3.02% $7,325
South Pacific Financial Corporation 18 2.92% $8,328
PRIMELENDING, A PLAINSCAPITAL COMPANY 17 3.20% $9,215
SUCCESS MORTGAGE PARTNERS, INC. 17 3.52% $8,658
Network Funding, L.P. 16 2.79% $7,260
BAY EQUITY LLC 16 3.32% $8,638
Flagstar Bank, FSB 15 2.63% $8,924
ABSOLUTE HOME MORTGAGE CORPORATION 14 3.13% $9,680
Bank of America 14 2.81% $3,446
Florida Capital Bank 14 2.86% $7,414
PANORAMA MORTGAGE GROUP, LLC 13 3.50% $10,317
SUN WEST MORTGAGE COMPANY, INC. 13 3.35% $8,727
MUTUAL OF OMAHA MORTGAGE, INC. 13 3.26% $9,053
CELEBRITY HOME LOANS, LLC 13 3.26% $9,848
GENEVA FINANCIAL, LLC 12 3.09% $8,720
RESIDENTIAL HOME FUNDING CORP. 12 3.36% $9,924
Regions Bank 12 2.73% $9,325
Synovus Bank 10 3.15% $8,675
Plains Commerce Bank 10 2.91% $8,592
ARK-LA-TEX FINANCIAL SERVICES, LLC. 10 2.78% $7,789
OCEANSIDE MORTGAGE COMPANY 10 2.79% $3,419
VAN DYK MORTGAGE CORPORATION 10 3.38% $7,413
AMERICAN FINANCIAL RESOURCES, INC. 10 3.68% $8,416
HOMESIDE FINANCIAL, LLC 9 3.14% $8,204
OPEN MORTGAGE, LLC 9 2.94% $7,695
Summit Mortgage Corporation 9 3.35% $7,601
Hometown Lenders, Inc. 9 3.22% $9,559
EMM LOANS LLC 8 2.92% $8,631
TOP FLITE FINANCIAL, INC. 8 3.28% $14,675
Mortgage Research Center, LLC 8 3.04% $8,468
The Federal Savings Bank 8 2.59% $10,481
NP, Inc. 8 3.11% $9,072
DAS Acquisition Company, LLC 7 3.43% $9,159
GUARANTEED RATE AFFINITY, LLC 7 2.91% $8,214
CALCON MUTUAL MORTGAGE LLC 7 2.82% $9,041
ENVOY MORTGAGE, LTD 7 3.39% $8,745
ZILLOW HOME LOANS, LLC 7 2.70% $8,278
MORIA DEVELOPMENT, INC. 6 3.50% $8,009
THE MORTGAGE FIRM, INC. 6 3.17% $8,721
Capital City Home Loans, LLC 6 2.83% $8,687
Barrington Bank & Trust Company, N.A. 6 3.19% $8,177
HANCOCK MORTGAGE PARTNERS, LLC 5 3.35% $9,755
ACOPIA, LLC 5 3.38% $8,790
PHH Mortgage Corporation 5 3.05% $6,937
CERTAINTY HOME LOANS, LLC 5 3.50% $8,754
SOUTHWEST STAGE FUNDING, LLC 5 3.25% $4,867
GUARANTY HOME MORTGAGE CORPORATION 5 2.75% $10,117
AMERIFIRST FINANCIAL CORPORATION 4 3.91% $9,801
COUNTRYPLACE MORTGAGE, LTD. 4 3.44% $11,783
DATA MORTGAGE, INC. 4 3.91% $9,627
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 3.09% $8,082
CityWorth Mortgage LLC 4 3.25% $10,031
NORWICH COMMERCIAL GROUP, INC. 4 3.56% $8,109
Century Mortgage Company DBA Century Lending Company 4 3.38% $10,822
JPMorgan Chase Bank 4 2.97% $4,702
SECURITYNATIONAL MORTGAGE COMPANY 4 3.00% $8,665
LEADERONE FINANCIAL CORPORATION 4 4.09% $8,288
LENDUS, LLC 4 3.31% $7,650
M&T Bank 4 2.91% $10,058
ALLIED MORTGAGE GROUP, INC. 4 2.88% $9,886
Magnolia Bank 4 2.87% $8,641
CALCULATED RISK ANALYTICS LLC 4 3.28% $9,385
MICHIGAN MUTUAL, INC. 4 3.41% $13,400
AMCAP MORTGAGE, LTD. 4 3.25% $8,307
Midwest Mortgage Associates Corporation 4 2.94% $8,680
MILEND, INC. 4 2.78% $11,272
United Fidelity Funding Corp. 3 3.04% $8,590
GSF Mortgage Corporation 3 3.79% $9,921
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 3.38% $9,291
LIBERTY HOME MORTGAGE CORPORATION 3 3.50% $6,440
TruHome Solutions, LLC 3 3.08% $6,600
ARC HOME LLC 3 3.00% $8,702
AMERICAN FINANCING CORPORATION 3 3.04% $8,705
VANDERBILT MORTGAGE AND FINANCE, INC. 3 3.38% $10,081
SOUTHWEST FUNDING, LP 3 3.92% $8,492
EVERETT FINANCIAL, INC. 3 3.17% $7,413
1ST SIGNATURE LENDING, LLC 3 3.50% $9,916
JAMES B. NUTTER & COMPANY 3 2.96% $4,763
Truist 3 2.68% $7,145
CORNERSTONE HOME LENDING, INC. 3 3.42% $9,854
South State Bank 3 2.71% $10,401
NEW DAY FINANCIAL, LLC 3 3.21% $5,009
TIAA, FSB 3 2.79% $9,947
HOME SOLUTION LENDERS INC. 3 2.79% $9,673
Waterstone Mortgage Corporation 3 3.83% $9,207
LAND HOME FINANCIAL SERVICES, INC. 3 3.83% $9,939
HOMESPIRE MORTGAGE CORPORATION 2 2.56% $9,802
Financial Freedom Mortgage, LLC 2 3.31% $9,226
FIRST COMMUNITY MORTGAGE, INC. 2 3.00% $10,291
FIRST EQUITY MORTGAGE BANKERS, INC. 2 3.00% $12,279
FIRST EQUITY MORTGAGE INCORPORATED 2 2.63% $10,140
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 3.25% $10,121
Hancock Whitney Bank 2 2.88% $7,653
Colten Mortgage, LLC 2 3.50% $4,838
CIS Financial Services, Inc. 2 3.25% $9,213
INTERLINC MORTGAGE SERVICES, LLC 2 3.69% $7,742
KELLER MORTGAGE, LLC 2 2.25% $6,539
Capital Bank 2 2.63% $7,332
LOANLEADERS OF AMERICA, INC. 2 2.75% $18,165
LOANPAL, LLC 2 2.50% $9,970
Low VA Rates, LLC 2 2.75% $5,262
MID AMERICA MORTGAGE, INC. 2 2.75% $5,214
BETTER MORTGAGE CORPORATION 2 3.25% $4,211
North American Savings Bank, F.S.B. 2 3.13% $7,728
Northpointe Bank 2 3.00% $6,935
PARKSIDE LENDING, LLC 2 2.56% $11,297
BANKING MORTGAGE SERVICES, B.M.S. CORP. 2 3.25% $13,642
Austin Capital Bank SSB 2 2.94% $9,957
PNC Bank 2 2.88% $4,279
AmRes Corporation 2 3.25% $11,407
READY MORTGAGE LENDERS, LLC 2 3.13% $11,115
RELIANCE FIRST CAPITAL, LLC 2 2.75% $12,573
RESIDENTIAL MORTGAGE SERVICES, INC. 2 3.38% $9,408
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 2 2.75% $11,806
Sierra Pacific Mortgage Company, Inc. 2 3.00% $10,985
SOUTHERN TRUST MORTGAGE, LLC 2 3.75% $9,103
SOUTHPOINT FINANCIAL SERVICES, INC. 2 3.44% $6,803
Victorian Finance, LLC 2 3.50% $8,057
Wells Fargo Bank 2 3.25% $3,602
WESTERN EXPRESS LENDING 2 2.81% $10,064
FIRST CENTENNIAL MORTGAGE CORPORATION 1 2.50% $5,070
EVANSVILLE TEACHERS 1 3.13% $7,702
PREMIA MORTGAGE, LLC 1 3.13% $7,728
MORTGAGE EQUITY PARTNERS LLC 1 2.75% $11,245
Prime Choice Funding Inc. 1 2.75% $10,647
1ST FINANCIAL, INC. 1 3.25% $9,256
MLD MORTGAGE INC. 1 3.50% $9,494
AHL FUNDING 1 3.63% $9,041
Mid-Continent Funding, Inc. 1 3.00% $18,784
RAPID MORTGAGE COMPANY 1 3.75% $7,327
FIDELITY FUNDING MORTGAGE CORP. 1 4.13% $8,437
MEMBER FIRST MORTGAGE, LLC 1 3.50% $12,077
WALL STREET MORTGAGE BANKERS, LTD. 1 2.63% $10,817
American Security Mortgage Corp. 1 2.75% $9,510
RESIDENTIAL BANCORP. 1 2.75% $13,947
CANOPY MORTGAGE, LLC 1 2.99% $8,531
FIDELITY DIRECT MORTGAGE, LLC 1 2.63% $7,337
Residential Mortgage Solutions, Inc. 1 2.38% $9,077
FIDELITY BANK 1 2.88% $7,706
LENOX FINANCIAL MORTGAGE CORPORATION 1 2.63% $7,852
ROYAL UNITED MORTGAGE LLC 1 2.50% $8,468
RUOFF MORTGAGE COMPANY, INC. 1 2.88% $6,240
SeaTrust Mortgage Company 1 3.25% $8,251
Keystone Funding, Inc. 1 3.25% $7,094
Wyndham Capital Mortgage, Inc. 1 2.63% $6,567
SIGNATURE MORTGAGE CORPORATION 1 3.00% $8,407
FAY SERVICING, LLC 1 3.63% $5,900
American Midwest Mortgage Corporation 1 3.25% $4,279
West Town Bank & Trust 1 3.25% $7,675
CAPITAL PARTNERS MORTGAGE, LLC 1 4.50% $8,074
INTELLILOAN, INC. 1 3.25% $3,629
Christensen Financial, Inc. 1 3.38% $8,314
STEARNS LENDING, LLC 1 3.25% $5,747
Stifel Bank and Trust 1 2.50% $9,409
FAIR WAY LENDING LLC 1 3.00% $6,037
Home Mortgage Alliance Corp 1 2.88% $8,352
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.25% $6,327
GVC MORTGAGE, INC. 1 2.63% $8,838
CRESCENT MORTGAGE COMPANY 1 2.88% $8,980
GREENWAY MORTGAGE FUNDING CORP. 1 3.75% $12,749
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 2.50% $7,225
The Home Loan Expert LLC 1 2.75% $7,282
GMFS LLC 1 3.00% $7,148
The Union Bank Company 1 3.25% $6,739
GET A RATE LLC 1 3.00% $13,180
TJC Mortgage, Inc. 1 3.25% $9,783
George Mason Mortgage, LLC 1 2.63% $7,309
Towne Bank 1 2.63% $7,607
AMERICAN FEDERAL MORTGAGE CORPORATION 1 2.88% $4,964
Town Square Mortgage & Investments, Inc. 1 3.25% $11,723
Triumph Bank 1 2.25% $10,177
FLAT BRANCH MORTGAGE, INC. 1 3.13% $11,859
FIRST WORLD MORTGAGE CORPORATION 1 2.75% $6,254
AMERICAN ADVISORS GROUP 1 2.75% $6,546
DIRECT MORTGAGE, CORP. 1 2.75% $8,532
First National Bank of Omaha 1 3.25% $5,783
UNIVERSITY LENDING GROUP, LLC 1 2.75% $6,629
NFM, INC. 1 3.75% $8,281
BAYSHORE MORTGAGE FUNDING, LLC 1 3.25% $7,690
BBVA USA 1 2.25% $4,195
OCMBC, INC. 1 3.88% $8,781
NATIONS RELIABLE LENDING, LLC 1 2.75% $11,532
BAY CAPITAL MORTGAGE CORPORATION 1 2.63% $6,286
BECKAM FUNDING CORP. 1 3.75% $12,114
Bell Bank 1 2.75% $6,627
DIRECT MORTGAGE LOANS, LLC 1 3.38% $8,818
MYCUMORTGAGE, LLC 1 3.00% $8,762
Peoples Bank 1 3.50% $6,721
PERFORMANCE MORTGAGE LLC 1 3.75% $7,666
Blue Ridge Bank 1 3.00% $8,052
MORTGAGE INVESTORS GROUP, INC. 1 2.50% $10,394
First Federal Bank of Kansas City 1 3.13% $11,207

The top Jacksonville FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 752 FHA loans originated. Their average total fees are $6,634, which is $926 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Jacksonville FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($3,025), OCEANSIDE MORTGAGE COMPANY ($3,419), Bank of America ($3,446), Mr. Cooper ( Nationstar Mortgage ) ($4,615) and AmeriHome Mortgage Company, LLC ($4,618).

The lowest rate Jacksonville FHA lenders (with over 10 loans originated) are MATTAMY HOME FUNDING, LLC (2.56%), Flagstar Bank, FSB (2.63%), Regions Bank (2.73%), InterContinental Capital Group, Inc (2.73%) and QUICKEN LOANS, LLC (2.74%).

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

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 $311,693 (9.4%) $425,484 (6.3%) 1.16 6,550
2018-02-01 $318,945 (11.1%) $432,082 (8.2%) 1.16 6,712
2018-03-01 $324,900 (9.0%) $443,160 (7.9%) 1.14 6,992
2018-04-01 $324,450 (7.6%) $443,603 (5.9%) 1.10 7,118
2018-05-01 $319,950 (1.6%) $444,295 (2.3%) 1.07 7,352
2018-06-01 $319,900 (3.4%) $437,229 (1.8%) 1.07 7,620
2018-07-01 $309,000 (0.0%) $423,006 (-1.1%) 1.03 8,145
2018-08-01 $302,364 (-2.2%) $419,444 (-1.8%) 1.01 8,170
2018-09-01 $299,000 (-1.6%) $411,138 (-2.9%) 1.00 8,166
2018-10-01 $294,995 (-4.6%) $406,954 (-3.3%) 1.00 8,337
2018-11-01 $291,495 (-6.0%) $403,815 (-4.7%) 0.99 8,430
2018-12-01 $295,900 (-3.0%) $403,968 (-3.6%) 1.02 8,115
2019-01-01 $297,127 (-4.7%) $408,528 (-4.0%) 1.03 7,814
2019-02-01 $299,900 (-6.0%) $415,326 (-3.9%) 1.01 7,885
2019-03-01 $305,081 (-6.1%) $428,880 (-3.2%) 1.00 7,868
2019-04-01 $312,488 (-3.7%) $443,597 (0.0%) 0.99 7,901
2019-05-01 $314,950 (-1.6%) $445,442 (0.3%) 0.98 7,925
2019-06-01 $310,995 (-2.8%) $444,217 (1.6%) 0.97 7,969
2019-07-01 $307,995 (-0.3%) $438,938 (3.8%) 0.96 7,906
2019-08-01 $303,626 (0.4%) $436,262 (4.0%) 0.96 7,887
2019-09-01 $301,530 (0.9%) $435,983 (6.0%) 0.96 7,794
2019-10-01 $299,913 (1.7%) $435,182 (6.9%) 0.97 7,740
2019-11-01 $299,999 (2.9%) $437,321 (8.3%) 0.98 7,615
2019-12-01 $299,945 (1.4%) $437,532 (8.3%) 1.00 7,265
2020-01-01 $299,950 (1.0%) $437,873 (7.2%) 1.00 6,881
2020-02-01 $310,000 (3.4%) $444,666 (7.1%) 1.01 6,805
2020-03-01 $311,343 (2.1%) $441,787 (3.0%) 0.98 6,867
2020-04-01 $299,950 (-4.0%) $428,323 (-3.4%) 0.94 7,405
2020-05-01 $305,900 (-2.9%) $434,121 (-2.5%) 0.93 7,061
2020-06-01 $307,495 (-1.1%) $435,027 (-2.1%) 0.91 6,246
2020-07-01 $312,450 (1.5%) $442,425 (0.8%) 0.91 5,652
2020-08-01 $315,000 (3.8%) $450,878 (3.4%) 0.90 5,046
2020-09-01 $315,000 (4.5%) $458,365 (5.1%) 0.90 4,461
2020-10-01 $308,500 (2.9%) $456,654 (4.9%) 0.88 4,276
2020-11-01 $302,423 (0.8%) $461,459 (5.5%) 0.88 4,099
2020-12-01 $300,000 (0.0%) $464,445 (6.2%) 0.89 3,720
2021-01-01 $306,835 (2.3%) $472,007 (7.8%) 0.92 3,061
2021-02-01 $314,270 (1.4%) $494,540 (11.2%) 0.91 2,470
2021-03-01 $318,122 (2.2%) $502,249 (13.7%) 0.90 2,179
2021-04-01 $329,450 (9.8%) $523,682 (22.3%) 0.89 2,164
2021-05-01 $335,100 (9.6%) $519,694 (19.7%) 0.89 2,233
2021-06-01 $344,495 (12.0%) $518,890 (19.3%) 0.91 2,460
2021-07-01 $349,057 (11.7%) $526,220 (18.9%) 0.92 2,771
2021-08-01 $350,000 (11.1%) $525,907 (16.6%) 0.93 2,908
2021-09-01 $359,900 (14.3%) $526,964 (15.0%) 0.96 3,034
2021-10-01 $355,000 (15.1%) $511,063 (11.9%) 0.95 3,099
2021-11-01 $360,143 (19.1%) $521,465 (13.0%) 0.96 2,800
2021-12-01 $367,450 (22.5%) $545,330 (17.4%) 1.00 2,414
2022-01-01 $372,995 (21.6%) $563,125 (19.3%) 1.01 2,167
2022-02-01 $379,950 (20.9%) $580,808 (17.4%) 0.99 1,880
2022-03-01 $397,450 (24.9%) $602,914 (20.0%) 1.00 1,753
2022-04-01 $409,999 (24.5%) $601,406 (14.8%) 0.98 2,024
2022-05-01 $430,473 (28.5%) $614,476 (18.2%) 0.98 2,676
2022-06-01 $442,475 (28.4%) $615,352 (18.6%) 0.99 3,405
2022-07-01 $429,900 (23.2%) $598,488 (13.7%) 0.97 4,402
2022-08-01 $420,448 (20.1%) $590,395 (12.3%) 0.97 5,170
2022-09-01 $407,500 (13.2%) $569,312 (8.0%) 0.95 5,595
2022-10-01 $400,000 (12.7%) $564,276 (10.4%) 0.94 5,869
Jacksonville's median listing price for 2022-10-01 was $400,000, a difference of $45,000 (12.7%) versus the prior year and $-7,500 versus the prior month.

Jacksonville's median listing price comes in at 94% of the national average.

Jacksonville's average listing price for 2022-10-01 was $564,276, a difference of $53,213 (10.4%) versus the prior year and $-5,036 versus the prior month.

For the 2022-10-01 period, Jacksonville had 5,869 MLS listings, a difference of 274 listings (5%) versus the prior month and 2,770 listings (89%) 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 82 days 2,075 sqft
2018-02-01 75 days 2,077 sqft
2018-03-01 57 days 2,115 sqft
2018-04-01 58 days 2,113 sqft
2018-05-01 59 days 2,098 sqft
2018-06-01 60 days 2,103 sqft
2018-07-01 62 days 2,056 sqft
2018-08-01 64 days 2,037 sqft
2018-09-01 67 days 2,013 sqft
2018-10-01 68 days 1,999 sqft
2018-11-01 72 days 1,986 sqft
2018-12-01 77 days 1,988 sqft
2019-01-01 84 days 1,978 sqft
2019-02-01 80 days 1,972 sqft
2019-03-01 68 days 2,012 sqft
2019-04-01 60 days 2,043 sqft
2019-05-01 63 days 2,055 sqft
2019-06-01 64 days 2,048 sqft
2019-07-01 67 days 2,041 sqft
2019-08-01 69 days 2,019 sqft
2019-09-01 71 days 2,002 sqft
2019-10-01 72 days 1,988 sqft
2019-11-01 71 days 1,986 sqft
2019-12-01 74 days 1,979 sqft
2020-01-01 82 days 1,975 sqft
2020-02-01 75 days 1,981 sqft
2020-03-01 61 days 1,960 sqft
2020-04-01 64 days 1,914 sqft
2020-05-01 71 days 1,933 sqft
2020-06-01 78 days 1,931 sqft
2020-07-01 77 days 1,936 sqft
2020-08-01 75 days 1,922 sqft
2020-09-01 70 days 1,894 sqft
2020-10-01 63 days 1,862 sqft
2020-11-01 62 days 1,851 sqft
2020-12-01 64 days 1,830 sqft
2021-01-01 65 days 1,819 sqft
2021-02-01 60 days 1,802 sqft
2021-03-01 48 days 1,808 sqft
2021-04-01 40 days 1,806 sqft
2021-05-01 41 days 1,811 sqft
2021-06-01 36 days 1,800 sqft
2021-07-01 37 days 1,800 sqft
2021-08-01 37 days 1,797 sqft
2021-09-01 38 days 1,784 sqft
2021-10-01 39 days 1,798 sqft
2021-11-01 44 days 1,792 sqft
2021-12-01 51 days 1,796 sqft
2022-01-01 50 days 1,798 sqft
2022-02-01 38 days 1,799 sqft
2022-03-01 36 days 1,853 sqft
2022-04-01 29 days 1,831 sqft
2022-05-01 29 days 1,857 sqft
2022-06-01 30 days 1,856 sqft
2022-07-01 34 days 1,850 sqft
2022-08-01 41 days 1,846 sqft
2022-09-01 47 days 1,831 sqft
2022-10-01 54 days 1,823 sqft
Jacksonville's median listing age (time on market) for 2022-10-01 was 54 days. This is 38% longer than the same period one year ago.

Jacksonville's median square footage for active listings during the 2022-10-01 period was 1,823 sqft. One year prior, the average listing was 1,798 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).