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Market Snapshot

Median listing price
$136K

The median listing price in Jacksonville, FL ZIP 32209 is $135,500 as of June 2026.

Median rent
$1,095/mo

The median market rent in Jacksonville, FL ZIP 32209 is $1,095/month as of June 2026.

Days on market
282 days

The median days on market in Jacksonville, FL ZIP 32209 is 282 days as of June 2026. The market is currently neutral.

Gross rental yield
9.70%

At a median list price of $135,500 and a median rent of $1,095/month, the gross rental yield in Jacksonville, FL ZIP 32209 is 9.70% as of June 2026.

STR vs LTR
$1,825/mo STR · $1,095/mo LTR

In Jacksonville, FL ZIP 32209, median Airbnb revenue is $1,825/month compared to median long-term rent of $1,095/month as of June 2026.

Jacksonville, FL 32209 Real Estate Market Report

ZIP Code: 32209

Report Date: June 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
196
Active Listings
100
Sold Properties
96

Market Metrics

Median Listing Price
$135,500
Median Sold Price
$118,000
Median Price per Sqft
$111/sqft

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

Median Market Rent
$1,095

Property Taxes

Property Tax Rate
1.24%

Liquidity & Velocity

Median Days on Market
282
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Jacksonville FL 32209 area average approximately 6.46%, which is consistent with the 6.2% to 6.5% range observed for typical loans originated earlier in 2026.

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


Key Findings

  1. $118,000 is the primary indicator of recent market value based on the median sold price, and with a higher $135,500 median listing price this suggests pricing friction between seller expectations and completed transactions, while the long median days on market of 282 days points to slower sales velocity.
  2. The market shows a price year-over-year trend of up while market temperature is neutral, which together indicate measured appreciation in a broadly balanced market; median price per square foot of 111 and a rent year-over-year trend of up support continued demand pressure for both SFR and condo product.
  3. Liquidity appears constrained by slower turnover: median days on market at 282 suggests extended listing lifecycles, and the sample shows elevated inventory relative to sales activity, which may indicate sellers need to align expectations to realize transactions.
  4. Interest rate dynamics present a headwind: interest rate pressure is elevated; Current 30-year fixed mortgage rates in the Jacksonville FL 32209 area average approximately 6.46%, which is consistent with the 6.2% to 6.5% range observed for typical loans originated earlier in 2026, and this may temper buyer affordability despite upward price and rent trends.

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.

Recent Transactions

5709 Raines Vikings Way, Jacksonville, FL 32209
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds1 baths972 sqft
$4,370,000
Apr 1, 2026
$4,496/sqft/sqft
3330 Marlo St, Jacksonville, FL 32209
Premium

Sold above market average

2 beds1 baths1,148 sqft
$4,370,000
Apr 1, 2026
$3,807/sqft/sqft
1743 W 25th St, Jacksonville, FL 32209
Premium

Sold above market average

3 beds1 baths1,244 sqft
$4,370,000
Apr 1, 2026
$3,513/sqft/sqft
2153 W 14th St, Jacksonville, FL 32209
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,656 sqft
$121,923
Apr 1, 2026
$74/sqft/sqft
934 days on market
1916 Cotant St, Jacksonville, FL 32209
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,290 sqft
$120,000
May 1, 2026
$93/sqft/sqft
228 days on market
5090 Dostie Dr S, Jacksonville, FL 32209
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,431 sqft
$120,000
May 1, 2026
$84/sqft/sqft
2143 W 41st St, Jacksonville, FL 32209
Value

Sold below market average

3 beds1 baths912 sqft
$50,000
May 1, 2026
$55/sqft/sqft
168 days on market
1204 W 29th St, Jacksonville, FL 32209
Value

Sold below market average

3 beds1 baths960 sqft
$50,000
Apr 1, 2026
$52/sqft/sqft
1826 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$340/mo
32209 Avg Rent
32209 Cost to Own
Rent$1,095
Own$755

20% down, 6.53% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

32209 Avg nightly rate
32209 Avg occupancy (days/year)
Nightly rate$111/night
Occupancy163 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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