Jacksonville, FL 32209 Real Estate Market Report

ZIP Code: 32209
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the real estate market in Jacksonville, FL (ZIP: 32209) reflects a median sold price of $126,000, indicating a cooling trend in the market. This price point suggests a recalibration from previous seller-driven conditions, as the market appears to be adjusting to a more balanced state. The overall sentiment indicates a market that has decreased 8% since 2022, highlighting a shift in buyer leverage as homes take longer to sell.

The current market dynamics show elevated inventory levels, with homes remaining on the market for a median of 174 days. This extended time frame suggests a slower sales velocity, which may indicate that buyers are exercising greater caution in their purchasing decisions. The median listing price stands at $134,900, reflecting seller expectations that may not align with current buyer sentiment, further contributing to the observed market adjustments.

---

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

---

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 5.875% are 0.78% lower than the 6.87% average seen one year ago in February 2025.

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

---

Key Findings

1. The median sold price of $126,000 indicates a market that has decreased in value since 2022, suggesting potential pricing friction for sellers.

2. With a median days on market of 174, the market is experiencing slower sales velocity, allowing buyers to take more time in their decision-making process.

3. The median listing price of $134,900 shows a notable gap compared to the sold price, indicating pricing friction and potential misalignment with buyer expectations.

4. The median market rent of $1,676 may suggest a stable rental demand, even as the sales market experiences downward pressure on prices.

5. Current interest rates around 5.875% are moderate, which could be influencing buyer activity and overall market temperature.

---

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.