Jacksonville, FL 32208 Real Estate Market Report

ZIP Code: 32208
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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 the 32208 area are 6.3%, which is 0.3% higher than the 6.0% market average observed earlier in 2026.

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 primary market-value signal is the median sold price of 139,000, which represents the most reliable recent transaction indicator and suggests a market value below asking levels given the median listing price of 160,000; pricing friction between ask and realized sale may indicate downward pressure on seller expectations.

2. Liquidity appears subdued: the market shows a long median days on market of 260, which signals slower sales velocity and suggests reduced transaction frequency rather than rapid turnover, despite neutral market temperature.

3. Inventory dynamics point to elevated inventory relative to sales activity, which, combined with a price year-over-year trend of down and a median price per square foot of 119, suggests buyers have more negotiating leverage on per-square-foot pricing.

4. Financing and rent context is mixed: interest rate pressure is elevated with Current 30-year fixed mortgage rates at 6.3%, which is 0.3% higher than the 6.0% market average, while rent growth is trending down and the median market rent is 1,298, reinforcing a more cautious near-term investment outlook.

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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.