Two years into the pandemic, people struggle to buy homes in Jacksonville’s limited buyer’s market

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Two years into the pandemic, the local housing market is unrecognizable.

Zillow reports that half the number of homes for sale in our area, cost a third more than they did in early 2020, and rents have spiked hundreds of dollars a month.STORY:Action News Jax’s sister station in Orlando talked to a couple facing the same challenge.The newlyweds have been house-hunting for months, but “everything seems to be way overpriced,” they explained.According to Zillow, typical Jacksonville-area homes are valued at $334,960, up 29.7% from what they were in February 2020.

“Jacksonville finds itself the number two place in America to buy a house. Can you believe it?” Boyle added.

 

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