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

---

Executive Overview

The median sold price in Jacksonville, FL (ZIP: 32206) is $144,000, reflecting a market that has softened slightly. This indicates a potential adjustment in seller expectations as the market transitions, with the price year-over-year trend noted as down. The current market conditions suggest a shift towards a more balanced environment, with elevated inventory levels leading to longer median days on market, currently at 214 days. This extended timeframe may indicate a slower sales velocity, as buyers take more time to make decisions amid increasing inventory and a neutral market temperature.

The overall economic fundamentals remain positive, with job growth and population influx supporting long-term stability. However, the current dynamics of excess supply relative to sales activity suggest that buyers may have more negotiating power, potentially leading to further adjustments in pricing. The median listing price stands at $178,999.50, which creates a notable gap compared to the median sold price, indicating potential pricing friction as the market recalibrates to align seller expectations with buyer realities.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

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.

---

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 6.07% are slightly lower than the 6.17% average seen last month, presenting a marginal cost opportunity for new financing.

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

---

Key Findings

1. $144,000 is the median sold price, indicating a market that has softened slightly and reflects down trends in pricing.

2. The median days on market is 214, suggesting a slower sales velocity as properties remain listed for extended periods.

3. Current market conditions show elevated inventory levels, leading to excess supply relative to sales activity, which may indicate down pressure on prices.

4. The median listing price of $178,999.50 creates a significant gap compared to the median sold price, suggesting potential pricing friction in the market.

5. Market temperature is currently neutral, indicating a balanced environment where neither buyers nor sellers have a distinct advantage.

---

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.