Jacksonville, FL 32206 Real Estate Market Report

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

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Executive Overview

The real estate market in Jacksonville, FL (ZIP: 32206) is currently characterized by a median sold price of $145,000, reflecting a cooling trend in the area. This represents a notable decline, as the market has shifted towards a more buyer-friendly environment with increased inventory levels. The median listing price stands at $164,500, indicating a significant gap between seller expectations and actual transaction values, which may suggest pricing friction in negotiations.

Transaction activity appears to be moderate, with median days on market at an extended 359 days, indicating slower sales velocity. The market temperature is currently neutral, which points to a balance in supply and demand, though the elevated inventory levels may provide buyers with more negotiating power. Overall, the market dynamics suggest a cautious approach for sellers, as they may need to adjust their expectations to align more closely with buyer sentiment.

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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 are averaging 6.38%, which is 0.26% higher than the 6.67% average from March 2025.

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 significant gap from the median listing price of $164,500, suggesting pricing friction in negotiations.

2. With median days on market at 359, the market is experiencing slower sales velocity, which may deter potential buyers.

3. The market temperature is neutral, reflecting a balance between supply and demand, though elevated inventory levels may favor buyers.

4. Year-over-year trends show a down movement in both sold prices and rental rates, indicating a potential shift in buyer sentiment and market dynamics.

5. The property tax rate of 0.77% remains relatively stable, which may influence overall affordability for buyers in the area.

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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.