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Market Snapshot

Median listing price
$294K

The median listing price in Jacksonville, FL ZIP 32216 is $294,000 as of June 2026.

Median rent
$1,650/mo

The median market rent in Jacksonville, FL ZIP 32216 is $1,650/month as of June 2026.

Days on market
340 days

The median days on market in Jacksonville, FL ZIP 32216 is 340 days as of June 2026. The market is currently neutral.

Gross rental yield
6.73%

At a median list price of $294,000 and a median rent of $1,650/month, the gross rental yield in Jacksonville, FL ZIP 32216 is 6.73% as of June 2026.

STR vs LTR
$1,907/mo STR · $1,650/mo LTR

In Jacksonville, FL ZIP 32216, median Airbnb revenue is $1,907/month compared to median long-term rent of $1,650/month as of June 2026.

Jacksonville, FL 32216 Real Estate Market Report

ZIP Code: 32216

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
127
Active Listings
56
Sold Properties
71

Market Metrics

Median Listing Price
$294,000
Median Sold Price
$258,500
Median Price per Sqft
$175/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
$1,650

Property Taxes

Property Tax Rate
0.98%

Liquidity & Velocity

Median Days on Market
340
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
flat
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Key Findings

  1. The primary market indicator is the median sold price of 258,500, which serves as the best gauge of realized value and recent transaction activity; this figure should be treated as the representative recent sale signal (representative recent sale).
  2. There is a notable spread between the median listing price of 294,000 and the median sold price of 258,500, which suggests seller expectations exceed recent transaction prices and may create pricing friction that could prolong negotiations or require adjustments.
  3. Liquidity appears muted: the median days on market of 340 points to slower sales velocity, indicating transactions are taking longer to close even though the overall market temperature is neutral.
  4. Macro and rental context is stable but cautious: the price year-over-year trend is flat and the rent year-over-year trend is flat, while interest rate pressure is elevated, a combination that supports a balanced market profile but introduces caution for buyers and sellers when setting price and timing decisions.

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

414 Oglethorpe Rd, Jacksonville, FL 32216
Top Sale

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

3 beds1 baths1,199 sqft
$7,180,000
Apr 1, 2026
$5,988/sqft/sqft
3333 Warnell Dr, Jacksonville, FL 32216
Premium

Sold above market average

3 beds3 baths2,387 sqft
$475,000
May 1, 2026
$199/sqft/sqft
2630 Parental Home Rd, Jacksonville, FL 32216
Premium

Sold above market average

3 beds2.5 baths2,130 sqft
$470,000
Apr 1, 2026
$221/sqft/sqft
283 days on market
2807 Sack Dr W, Jacksonville, FL 32216
Market Benchmark

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

3 beds2 baths1,671 sqft
$262,500
May 1, 2026
$157/sqft/sqft
95 days on market
426 Aiken Rd, Jacksonville, FL 32216
Market Benchmark

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

3 beds2 baths1,666 sqft
$260,100
Mar 1, 2026
$156/sqft/sqft
110 days on market
910 Nightingale Rd, Jacksonville, FL 32216
Market Benchmark

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

3 beds1.5 baths1,264 sqft
$260,000
Apr 1, 2026
$206/sqft/sqft
4343 days on market
743 Trekker St, Jacksonville, FL 32216
Value

Sold below market average

3 beds2 baths1,255 sqft
$141,500
Mar 1, 2026
$113/sqft/sqft
111 days on market
1941 Parental Home Rd, Jacksonville, FL 32216
Value

Sold below market average

3 beds2 baths1,680 sqft
$129,000
Apr 1, 2026
$77/sqft/sqft

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

$56/mo
32216 Avg Rent
32216 Cost to Own
Rent$1,650
Own$1,594

20% down, 6.50% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

32216 Avg nightly rate
32216 Avg occupancy (days/year)
Nightly rate$115/night
Occupancy124 of 365 days

Data Sources

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

Report generated: 6/1/2026

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