Jacksonville, FL 32218 Real Estate Market Report

ZIP Code: 32218
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Jacksonville, FL (ZIP: 32218) is currently $299,000, reflecting a stable market with modest price appreciation. This price point indicates a healthy demand for properties, despite the market's neutral temperature. The neighborhood has experienced an upward trend in pricing, suggesting a resilient market environment.

Transaction activity appears moderate, with 276 days on market indicating slower sales velocity. The elevated inventory levels may suggest a slight shift towards buyer preferences, as the market balances between supply and demand. Overall, the conditions reflect a market that is adjusting to current economic pressures, including moderate interest rate impacts, while rental demand remains steady with a median market rent of $1,676.

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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 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 are averaging 6.38%, which is 0.3% higher than the 6.67% average seen last year.

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 of $299,000 indicates a stable market with modest price appreciation.

2. Properties are taking an average of 276 days on market, suggesting slower sales velocity and potential pricing friction.

3. The median listing price of $279,495 shows a slight gap compared to sold prices, indicating seller expectations may need adjustment.

4. The market temperature is neutral, reflecting a balanced environment between buyers and sellers.

5. Rental demand remains steady with a median market rent of $1,676, suggesting ongoing interest in rental properties.

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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.