Jacksonville, Florida

Duval County Real Estate - Jacksonville

Jacksonville

Jacksonville is Florida's largest city by population and the largest city in the contingent United States by area. Jacksonville is located in the North of Florida, about 25 miles south of Georgia. Jacksonville contains the largest deepwater port in the south (the second largest port on US East Coast). Jacksonville is also home to numerous military facilities and has the 3rd largest naval presence in the county as a result of Naval Submarine Base Kings Bay being located nearby. The military is Jacksonville's largest employer by far and has an estimated $6.1 billion economic impact annually. Top employers for Jacksonville are Naval Air Station Jacksonville, Duval County Public Schools, Naval Station Mayport, City of Jacksonville, and Baptist Health.

Jacksonville is named after Andrew Jackson who was the first governor of the Florida territory. Jacksonville incorporated as a town in 1832. In the latter part of the 19th century, Jacksonville became a popular winter resort for wealthy northerners. After the Great Fire of 1901, much of the city had to be rebuilt. In response to suburban sprawl and white flight, the governments of the City of Jacksonville and Duval County merged in 1968.

Jacksonville is in North Eastern Florida. It's population as recorded in the 2010 Census was 821,784.

The median age for residents of Jacksonville is 35.5. Around 33.4% of Jacksonville households include school aged children and 20.9% of households include individuals aged 65 years or over. Census records indicate 59.4% of the Jacksonville population are White, 30.7% are Black or African American, .3% American Indian, 4.2% Asian and 2.8% are Two or more Races.

There are 366,273 housing units in Jacksonville. 43,167 (11.7%) of these were reported as vacant in the 2010 Census. There are 144,146 residential rental units in Jacksonville. 123,728 of them were occupied in 2010 providing a residential rental vacancy rate of 13.8%.

Jacksonville links:

Sue Goldthorp

I'm here to help

My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Jacksonville, Florida.

Jacksonville is located in Duval County. It has a population of approximately 821,784 people. The population increased 1.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 1.8% for Duval County and a 1.7% increase for the country as a whole. Jacksonville occupies 747 of the 762.19 square miles in Duval County. It had a population density of 1100.1 persons per square mile in 2010. This compared to 1133.9 for the county, 350.6 for Florida and 87.4 for the country.

94.1% ( 366,273) of the 389,434 housing units in Duval County are in Jacksonville (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Jacksonville has a 63.3% homeownership rate compared to Duval County's 63.2% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Duval County 864,263 $43,464 1.8% $49,964 389,434 $170,300
Jacksonville 821,784 $42,5671.8%$49,192 366,273$166,400

Jacksonville's medium household income in 2011 was $49,192. Duval County's medium household income was $49,964, which is higher than the medium income for Florida as a whole: $47,827. 15.2% of the population in Jacksonville lives below the poverty line, compared to 14.7% in Florida, 14.9% of the population in Duval County and 14.3% nationwide. Additional Information:

Jacksonville Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Jacksonville. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $42,567 million, Jacksonville's economic activity represents 97.94% of Duval County's $43,464MM in economic activity. Duval County represents 6.89% of the Florida economy.

Jacksonville Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $11,145 26.2%
Merchant wholesaler sales $17,104 40.2%
Retail sales $12,750 30.0%
Accommodation and food services sales $1,568 3.7%
Total $42,567100%

Duval County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Atlantic Beach 12,655 $1011.7%$65,441 6,174$346,400
Jacksonville 821,784 $42,5671.8%$49,192 366,273$166,400
Jacksonville Beach 21,362 $4751.5%$61,445 11,882$301,100
Neptune Beach 7,037 $1001.1%$62,407 3,493$339,000

Duval County is located in Northeastern Florida. This region is responsible for 8.7% of Florida's economic activity. Duval County represents 79.6% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Baker County 27,115 $200 -0.1% $47,041 9,782 $142,600
Clay County 190,865 $2,614 1.8% $59,994 76,175 $178,900
Duval County 864,263 $43,464 1.8% $49,964 389,434 $170,300
Nassau County 73,314 $1,614 1.8% $58,933 35,286 $202,300
Putnam County 74,364 $1,703 -1.5% $34,174 37,406 $105,300
St. Johns County 190,039 $3,952 6.4% $64,153 91,348 $279,700
Flagler County 95,696 $1,035 2.8% $48,708 49,068 $201,300
Total 1,549,472 $54,582 1.9% $51,852 688,499 $182,914

Jacksonville Real Estate

There are 298,420 properties in Jacksonville. The following table shows a summary of them based on 2014 sales data.

Jacksonville Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 937 0.31 4 $486,700 $530February 1st, 2014April 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 4,227 1.42 2 $64,300 $53January 1st, 2014March 1st, 2014
Health Care 45 0.02 4 $12,016,450 $230April 1st, 2014August 1st, 2014
Hotel & Motel 192 0.06 11 $2,100,000 $43January 1st, 2014August 1st, 2014
Industrial 3,516 1.18 108 $349,900 $31January 1st, 2014September 1st, 2014
Miscellaneous Property 268 0.09 1 $13,000,000#######February 1st, 2014February 1st, 2014
Mobile/Manufactured 9,932 3.33 272 $25,000 $19January 1st, 2014September 1st, 2014
Multifamily 5,976 2.00 298 $64,750 $27January 1st, 2014September 1st, 2014
Office 5,499 1.84 203 $270,000 $103January 1st, 2014September 1st, 2014
Residential 260,153 87.18 13,198 $95,000 $58January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 5,596 1.88 192 $299,500 $70January 1st, 2014September 1st, 2014
Senior Housing 69 0.02 1 $1,410,000 $163August 1st, 2014August 1st, 2014
Special Purpose 1,833 0.61 37 $225,000 $32January 1st, 2014September 1st, 2014
Sports & Entertaining 177 0.06 4 $306,000 $75January 1st, 2014April 1st, 2014

Agricultural Real Estate in Jacksonville, Florida

937( .31%) of the properties in Jacksonville are classified as Agricultural. 4 of them sold between February 1st, 2014 and April 1st, 2014. The total value of these sales was $4,193,400. The median sales price was $486,700. In 2014 the median sales price for Agricultural in Jacksonville was $530 per sq ft.

Commercial Real Estate in Jacksonville, Florida

0( .00%) of the properties in Jacksonville are classified as Commercial.

Government Real Estate in Jacksonville, Florida

4,227( 1.42%) of the properties in Jacksonville are classified as Government. 2 of them sold between January 1st, 2014 and March 1st, 2014. The total value of these sales was $128,600. The median sales price was $64,300. In 2014 the median sales price for Government Property in Jacksonville was $53 per sq ft.

Health Care Real Estate in Jacksonville, Florida

45( .02%) of the properties in Jacksonville are classified as Health Care. 4 of them sold between April 1st, 2014 and August 1st, 2014. The total value of these sales was $43,915,900. The median sales price was $12,016,450. In 2014 the median sales price for Health Care in Jacksonville was $230 per sq ft.

Hotel & Motel Real Estate in Jacksonville, Florida

192( .06%) of the properties in Jacksonville are classified as Hotel & Motel. 11 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $128,136,500. The median sales price was $2,100,000. In 2014 the median sales price for Hotel & Motel in Jacksonville was $43 per sq ft.

Industrial Real Estate in Jacksonville, Florida

3,516( 1.18%) of the properties in Jacksonville are classified as Industrial. 108 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $526,347,100. The median sales price was $349,900. In 2014 the median sales price for A Class Industrial in Jacksonville was $99 per sq ft, B Class properties sold for $31/ft and C Class $9/ft.

Miscellaneous Real Estate in Jacksonville, Florida

268( .09%) of the properties in Jacksonville are classified as Miscellaneous. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $13,000,000. The median sales price was $13,000,000. In 2014 the median sales price for Miscellaneous Property in Jacksonville was ####### per sq ft.

Mobile/Manufactured Real Estate in Jacksonville, Florida

9,932( 3.33%) of the properties in Jacksonville are classified as Mobile/Manufactured. 272 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $23,232,500. The median sales price was $25,000. In 2014 the median sales price for A Class Mobile/Manufactured in Jacksonville was $48 per sq ft, B Class properties sold for $19/ft and C Class $6/ft.

Multifamily Real Estate in Jacksonville, Florida

5,976( 2.00%) of the properties in Jacksonville are classified as Multifamily. 298 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $456,653,000. The median sales price was $64,750. In 2014 the median sales price for A Class Multifamily in Jacksonville was $75 per sq ft, B Class properties sold for $27/ft and C Class $6/ft.

Office Real Estate in Jacksonville, Florida

5,499( 1.84%) of the properties in Jacksonville are classified as Office. 203 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $1,240,331,100. The median sales price was $270,000. In 2014 the median sales price for A Class Office in Jacksonville was $475 per sq ft, B Class properties sold for $103/ft and C Class $25/ft.

Residential Real Estate in Jacksonville, Florida

260,153( 87.18%) of the properties in Jacksonville are classified as Residential. 13,198 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $7,514,026,300. The median sales price was $95,000. In 2014 the median sales price for A Class Residential in Jacksonville was $104 per sq ft, B Class properties sold for $58/ft and C Class $17/ft.

Residential Real Estate in Jacksonville, Florida

0( .00%) of the properties in Jacksonville are classified as Residential.

Retail Real Estate in Jacksonville, Florida

5,596( 1.88%) of the properties in Jacksonville are classified as Retail. 192 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $141,877,300. The median sales price was $299,500. In 2014 the median sales price for A Class Retail in Jacksonville was $300 per sq ft, B Class properties sold for $70/ft and C Class $10/ft.

Senior Housing Real Estate in Jacksonville, Florida

69( .02%) of the properties in Jacksonville are classified as Senior Housing. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $1,410,000. The median sales price was $1,410,000. In 2014 the median sales price for Senior Housing in Jacksonville was $163 per sq ft.

Special Purpose Real Estate in Jacksonville, Florida

1,833( .61%) of the properties in Jacksonville are classified as Special Purpose. 37 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $25,396,200. The median sales price was $225,000. In 2014 the median sales price for A Class Special Purpose in Jacksonville was $101 per sq ft, B Class properties sold for $32/ft and C Class $7/ft.

Sports & Entertaining Real Estate in Jacksonville, Florida

177( .06%) of the properties in Jacksonville are classified as Sports & Entertaining. 4 of them sold between January 1st, 2014 and April 1st, 2014. The total value of these sales was $1,407,000. The median sales price was $306,000. In 2014 the median sales price for Sports & Entertaining in Jacksonville was $75 per sq ft.

Jacksonville, Duval County Market Data

Jacksonville Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 889 3,536,805
Government Property 3,093 41,987,488
Health Care 21 5,473,837
Hotel & Motel 166 9,235,273
Industrial 3,343 121,822,292
Land 15,272 7,913,022
Miscellaneous Property 294 4,329,093
Mobile/Manufactured 9,548 13,540,362
Multifamily 5,258 89,476,976
Office 5,061 56,490,570
Residential 264,664 486,438,647
Retail 4,968 59,126,520
Senior Housing 93 6,224,297
Special Purpose 1,786 26,269,504
Sports & Entertaining 165 2,076,087

Jacksonville Median Property Values per Sq Ft

Jacksonville Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $200$18 $128$10 $50$6
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $168$16 $111$9 $32$5
Auto sales, auto repair and storage or auto service shop 2016 $270$29 $61$13 $37$6
Bowling alley, skating rink, pool hall or enclosed arena 2016 $200$18 $128$10 $50$6
Cannery, fruit and vegetable, bottler or brewers, distillery or winery 2016 $114$9 $42$6 $22$3
Centrally assessed 2016 $495$27 $156$11 $22$4
Church 2016 $141$16 $76$9 $33$5
Club, lodge or union hall 2016 $45$16 $34$9 $30$5
College 2016 $45$26 $34$10 $30$5
Community Shopping Center 2016 $192$29 $61$13 $33$6
Condominium 2016 $118$16 $81$16 $46$16
Cooperative 2016 $118$16 $81$16 $46$16
County Owned 2016 $45$26 $34$10 $30$5
Cropland soil capability Class I 2016 $114$36 $42$21 $22$14
Cropland soil capability Class III 2016 $114$36 $42$21 $22$14
Cultural organization, facility 2016 $45$16 $34$9 $30$5
Department Store 2016 $365$29 $93$13 $37$6
Drive-in Restaurant 2016 $365$29 $93$13 $37$6
Drive-in theater or open stadium 2016 $495$18 $156$10 $22$6
Enclosed theater or auditorium 2016 $495$18 $156$10 $22$6
Federal Owned 2016 $40$26 $40$10 $40$5
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $365$29 $93$13 $37$6
Florist or greenhouse 2016 $495$29 $156$13 $22$6
Food processing 2016 $114$9 $42$6 $22$3
Forest, park or recreational area 2016 $45$26 $34$10 $30$5
Golf course or driving range 2016 $200$18 $128$10 $50$6
Government Undefined 2016 $45$26 $34$10 $30$5
Grazing land soil capability Class II 2016 $349$36 $88$21 $59$14
Grazing land soil capability Class III 2016 $349$36 $88$21 $59$14
Heavy industrial 2016 $114$9 $42$6 $22$3
Home for the aged 2016 $45$17 $34$13 $30$8
Hospital 2016 $45$26 $34$10 $30$5
Hotel or motel 2016 $93$33 $59$33 $13$33
Improved agricultural 2016 $114$36 $42$21 $22$14
Leasehold interests (government owned property leased by a non-governmental lessee) 2016 $40$27 $40$11 $40$4
Light manufacturing 2016 $114$9 $42$6 $22$3
Lumber yard, sawmill or planing mill 2016 $114$9 $42$6 $22$3
Military 2016 $45$26 $34$10 $30$5
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $114$9 $42$6 $22$3
Miscellaneous Residential (migrant camp or boarding home.) 2016 $45$33 $34$33 $30$33
Mixed use - store and office or store and residential or residential combination 2016 $365$29 $93$13 $37$6
Mobile Home 2016 $60$6 $29$6 $15$6
Mortuary, cemetery or crematorium 2016 $45$16 $34$9 $30$5
Multi-family - 10 units or more 2016 $127$13 $60$6 $34$3
Multi-family - less than 10 units 2016 $103$13 $47$6 $21$3
Municipal Owned 2016 $40$26 $40$10 $40$5
Nightclub, cocktail lounge or bar 2016 $200$18 $128$10 $50$6
Office building, non-professional service building, multi-story 2016 $295$21 $123$16 $51$10
Office building, non-professional service building, one story 2016 $360$21 $118$16 $50$10
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $114$9 $42$6 $22$3
Orchard Groves, Citrus, etc. 2016 $349$36 $88$21 $59$14
Ornamentals, miscellaneous agricultural 2016 $349$36 $88$21 $59$14
Orphanage, other non-profit or charitable services 2016 $45$16 $34$9 $30$5
Poultry, bees, tropical fish, rabbits, etc. 2016 $349$36 $88$21 $59$14
Private school or college 2016 $141$16 $74$9 $31$5
Privately owned hospital 2016 $141$25 $74$17 $31$11
Professional service building 2016 $168$21 $111$16 $32$10
Public county school 2016 $45$26 $34$10 $30$5
Race track: horse, auto or dog 2016 $200$18 $128$10 $50$6
Regional Shopping Center 2016 $365$29 $93$13 $37$6
Repair service shop (excluding automotive) 2016 $365$29 $93$13 $37$6
Restaurant, cafeteria 2016 $426$29 $141$13 $67$6
Retirement Home not eligible for exemption. 2016 $45$17 $34$13 $30$8
Sanitarium or convalescent rest home 2016 $45$25 $34$17 $30$11
Service station 2016 $365$29 $93$13 $37$6
Single Family 2016 $115$16 $75$16 $35$16
State Owned 2016 $40$26 $40$10 $40$5
Store, one story 2016 $252$29 $88$13 $31$6
Supermarket 2016 $365$29 $93$13 $37$6
Timberland - site index 60 to 69 2016 $349$36 $88$21 $59$14
Timberland - site index 70 to 79 2016 $349$36 $88$21 $59$14
Timberland - site index 80 to 89 2016 $114$36 $42$21 $22$14
Timberland - site index 90 and above 2016 $114$36 $42$21 $22$14
Timberland not classified by site index to Pines 2016 $349$36 $88$21 $59$14
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $200$18 $128$10 $50$6
Undefined - Reserved for Use by Department of Revenue 2016 $103$16 $47$16 $21$16
Utility 2016 $40$27 $40$11 $40$4
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $120$9 $46$6 $23$3