Jacksonville, FL 32206 Real Estate Market Report

ZIP Code: 32206
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

In Jacksonville, FL (ZIP: 32206), the median sold price stands at $145,000, reflecting a market that has decreased 8% since 2022. This decline signals a shift in buyer sentiment and market dynamics, as elevated interest rates exert pressure on affordability. The market is characterized by a median days on market of 205, indicating a slower sales velocity and a potential mismatch between seller expectations and buyer willingness to pay.

Despite the median listing price being $170,000, the gap between listing and sold prices suggests some pricing friction, as sellers may need to adjust expectations to align with current market realities. Overall, the market appears to be stabilizing, with neutral conditions prevailing as inventory levels remain elevated relative to sales activity, indicating a gradual shift towards a more balanced state.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jacksonville, FL around 6.25% are notably lower than the 6.87% average seen one year ago, presenting a refinancing opportunity for property owners.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $145,000 indicates a market that is experiencing downward pressure on home values.

2. With a median days on market of 205, the market is showing signs of slower sales velocity and extended listing periods.

3. The median listing price of $170,000 suggests a notable gap from sold prices, indicating potential pricing friction in the market.

4. The median market rent of $1,676 reflects a stable rental environment, although the downward trend in rent year-over-year may impact investor sentiment.

5. Overall market conditions are neutral, with elevated inventory levels suggesting a gradual shift towards balance in the market.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.