Jacksonville, FL 32218 Real Estate Market Report

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

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Executive Overview

As of February 2026, the real estate market in Jacksonville, FL (ZIP: 32218) reflects a median sold price of $311,000, indicating a stable market despite recent trends. The neighborhood has decreased 8% since 2022, suggesting a shift in buyer sentiment and price adjustments. The current market environment is characterized by elevated inventory levels, which may indicate a transition toward a more balanced market as buyers exhibit selectivity amidst elevated interest rates.

The median days on market stands at 154 days, reflecting a slower sales velocity and a potential cooling in buyer urgency. With a median listing price of $309,250, there is a slight gap between asking and sold prices, which may create pricing friction as sellers adjust expectations to align with current buyer behavior. Overall, the market appears to be stabilizing, with a neutral temperature indicating a shift toward long-term equilibrium.

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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, averaging around 6.000% to 6.19%, are notably lower than the 6.87% average seen a year ago, presenting a cost-saving opportunity for property owners.

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 $311,000, reflecting a decrease of 8% since 2022, indicating softening in market values.

2. With a median days on market of 154 days, the market is experiencing slower sales velocity, suggesting buyers are taking more time to make decisions.

3. The median listing price of $309,250 shows a slight gap compared to the sold price, indicating potential pricing friction as sellers adjust expectations.

4. The market temperature is classified as neutral, suggesting a balanced environment with moderate transaction volume and buyer selectivity.

5. Elevated interest rates are contributing to elevated interest rate pressure, which may further influence buyer behavior and market dynamics.

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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.