Jacksonville, FL 32209 Real Estate Market Report

ZIP Code: 32209
Report Date: May 2026
Market Temperature: COLD
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

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 32209 area are averaging 6.3%, reflecting the broader market volatility observed throughout early 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. $127,000 median sold price is the primary indicator of recent market value for SFR and condo transactions in 32209, reflecting realized sales rather than asking expectations and anchoring valuation discussions to actual transaction levels.

2. $139,000 median listing price versus the median sold price suggests a pricing gap that may indicate seller optimism relative to recent transactions; combined with cold market temperature, this pricing friction appears to be contributing to slower transaction velocity.

3. 258 median days on market signals extended marketing times and slower sales velocity for listings in the sample, which may indicate greater buyer selectivity or pricing pressure in the current environment rather than immediate liquidity.

4. $118 median price per square foot and $1,100 median market rent occur alongside down price year-over-year trend and down rent year-over-year trend, while interest rate pressure is moderate and 30-year fixed mortgage rates are averaging 6.3%, collectively suggesting constrained upside near term and the need for conservative pricing and longer hold strategies.

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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.