Jacksonville, FL 32211 Real Estate Market Report

ZIP Code: 32211
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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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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 Jacksonville FL average 6.3%, reflecting a stable market environment for property owners compared to early 2026 benchmarks.

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. 261,249 — The neighborhood’s median sold price is the primary indicator of market value and recent transaction activity, signaling that recent closings are centered around this price point and should be prioritized over asking prices when valuing SFR and condo opportunities in 32211.

2. 241,950 — The median listing price sits below the median sold price, which may indicate conservative seller pricing or that negotiated sale prices are running above advertised asks; this gap suggests pricing friction that appraisers and agents should confirm with contract-level comps rather than relying solely on list-side signals.

3. 230 — The median days on market is lengthy, which appears to reflect slower sales velocity and extended marketing times; sellers should expect longer exposure before closing and buyers may find more time to negotiate on condition and terms.

4. down, price and rent trends — Year-over-year trends show both price and rent moving down while interest rate pressure is elevated (current 30-year fixed mortgage rates averaging 6.3%), which collectively suggests a neutral-to-slightly-cool market temperature where financing headwinds and weaker demand could continue to cap near-term appreciation.

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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.

Jacksonville, FL 32211 Real Estate Market Report

ZIP Code: 32211
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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 Jacksonville FL average 6.3%, reflecting a stable market environment for property owners compared to early 2026 benchmarks.

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 is 199,990, which should be treated as the primary indicator of current market value and recent transaction activity in ZIP 32211; this level suggests pricing pressure relative to broader Jacksonville benchmarks given local context (representative recent sale).

2. The median days on market at 391 points to notably slower sales velocity and likely greater holding periods for sellers, which may indicate pricing friction rather than immediate liquidity.

3. Price momentum shows down year-over-year while the market temperature is neutral, implying that although recent sold prices are softening, overall market balance remains; sellers may need to be selective on pricing strategies to avoid extended time on market (balanced but cooling).

4. Interest-rate environment is elevated and current mortgage conditions average 6.3%, while rents are showing pressure with median market rent at 1,020 and a rent year-over-year trend of down; this combination raises carrying cost concerns for leveraged buyers and dampens short-term rental income expectations.

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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.