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Jacksonville is passing through a growing moment in foreclosure market. Nowadays, we have 350 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Jacksonville started September with 283 foreclosures available. October registered a fall to 283 homes, or 0.00%. The city had another down in November: 0.00%, leaving 283 properties in the market. Things got worse in December with a drop to 283 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Jacksonville registered 321 foreclosures, a 13.43% increase comparing to December.
As for the cost, Jacksonville has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Jacksonville for $107,231, a value 37.21% below the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.