Jacksonville, FL 32208 Real Estate Market Report

ZIP Code: 32208
Report Date: March 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Jacksonville, FL (ZIP: 32208) is characterized by a median sold price of $136,700, reflecting the actual transaction activity and indicating a stable market environment. The absence of historical sold price change data limits our ability to assess longer-term trends, but the current market conditions suggest a healthy transaction volume amidst a backdrop of elevated buyer interest.

The market appears to be heating up as spring approaches, with signs of increasing buyer activity and a slight stabilization in listing prices at a median listing price of $149,000. However, the median days on market stands at 271, indicating a slower sales velocity and potential pricing friction as sellers adjust their expectations. Overall, the market is experiencing elevated inventory levels relative to sales activity, which may suggest a need for strategic pricing adjustments to enhance liquidity.

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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

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jacksonville FL around 6.500% are slightly lower than the 6.73% average seen in late March 2026, presenting a minor cost-saving window for new financing.

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 $136,700 indicates a stable market, reflecting actual transaction values rather than listing expectations.

2. With a median listing price of $149,000, there is a noticeable gap between asking and sold prices, suggesting potential pricing friction.

3. The median days on market of 271 points to a slower sales velocity, which may affect overall market liquidity.

4. The market temperature is currently classified as hot, indicating strong buyer interest despite elevated inventory levels.

5. Current mortgage rates around 6.500% present a minor cost-saving opportunity for buyers, potentially stimulating further activity 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.