Home values in Southbank have moved noticeably over the past year, with the typical home value up 15.53% year over year to about $433,250, even as it dipped 7.08% from the prior month. Compared with Jacksonville overall, where typical values sit closer to $300,000 and are down 1.64% year over year, this neighborhood is trending higher in price. Sellers are currently listing at a median of $688,500, and only about 10% of recent sales closed above the list price.
Listing and contract activity help explain these price patterns. Inventory has tightened to 33 homes, down 2.94% from last month and 34.0% from a year ago. New listings total 28, which is 12.5% lower than last year, while pending sales are up 27.27% year over year to 14. This combination points to solid buyer interest even as fewer homes come to market.
Conditions still lean toward sellers, with Southbank rated a 24 on the Seller's Market gauge. Homes are taking longer to move, spending a median of 234 days on market, unchanged month over month but up 129.41% from last year, which can give buyers more time to make decisions. Looking ahead to April 2026, typical values are projected around $416,750 with a projected median list price of $768,250 and inventory near 32 homes. In this evolving environment, both buyers and sellers can benefit from Agent Pronto’s help connecting with an experienced local agent who understands these trends.
