Jessamine, FL—33523
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jessamine, FL
As of Oct '25, the median home price in Jessamine, FL is $254,000, with a year-over-year change of -5.7%. This indicates that home prices in Jessamine, FL are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $254,000 | -5.7% |
| Single Family | $255,000 | -5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $192,000 | -9.0% |
3 Bed | $281,000 | -5.1% |
4 Bed | $501,000 | 0.6% |
| 5 Bed | $839,000 | 2.3% |
% of Housing Stock
Rental Trends — Jessamine, FL
As of July '25, Rentcast reports the average rent in Jessamine, FL is $1,450, with a year-over-year rent change of -17.1%. Per bedroom, the median rent as of July '25 in Jessamine, FL is 1-bedrooms: $911, 2-bedrooms: $1,340, 3-bedrooms: $1,710, 4-bedrooms: $1,930. The most common rental property sizes in Jessamine, FL are 2-bedroom and 3-bedroom, accounting for 35.1% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $899 | $911 |
| 2 Bed Rent | $1,300 | $1,340 |
| 3 Bed Rent | $1,650 | $1,710 |
| 4 Bed Rent | $1,900 | $1,930 |
% of Rental Stock
Property Listings — Jessamine, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Jessamine, FL is 69. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | 7.0% |
Listing Count | 88 | 19.0% |
| Listings as % of Homes | 0.8% | 19.0% |
Days on Market | 69 | 13.0% |
Demographics — Jessamine, FL
As of the latest ACS Survey released in 2023, Jessamine, FL has a population of 19,300, which has increased by 4.9% over the past 5 years. Jessamine, FL is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 20.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,300 | 4.9% |
% Under 18 | 19.9% | -13.9% |
% Seniors | 18.6% | 10.1% |
% WFH | 10.3% | 255.2% |
% w/ College Degree | 20.8% | 32.5% |
As of the latest ACS Survey released in 2023, Jessamine, FL is a predominantly white area, with 56.8% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Jessamine, FL is hispanic, making up 28.2% of the population. Foreign-born residents account for 13.4% of the population in Jessamine, FL, and this percentage has increased by 42.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.8% | -10.4% |
% Black | 10.3% | 7.3% |
% Hispanic | 28.2% | 18.5% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 13.4% | 42.6% |
Mortgage and Risk — Jessamine, FL
According to HUD data as of 2023, there were 698 mortgage originations in Jessamine, FL, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Jessamine, FL. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 698 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Jessamine, FL
As of 2024, the percent of homes in Jessamine, FL under the Section 8 program is 9.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Jessamine, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 190 |
Total Units Section 8 | 132 |
% Rentals under Section 8 | 9.0% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $261 | $899 | $1,160 |
| 2 Bedroom | $60 | $1,300 | $1,360 |
| 3 Bedroom | $90 | $1,650 | $1,740 |
| 4 Bedroom | $220 | $1,900 | $2,120 |
Affordability — Jessamine, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $254,000 |
| Median Household Income | $60,900 |