Jacksonville, FL 32218 Real Estate Market Report

ZIP Code: 32218
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

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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 the 32218 area average 6.3%, which is 0.3% higher than the 6.0% average observed earlier in 2026.

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 primary indicator of market value is the median sold price of 279,990, which reflects recent completed transactions and suggests a relatively stable price point for closed SFR and condo activity in the ZIP; up price momentum is indicated by broader trend data.

2. There is a meaningful spread between the median listing price of 299,000 and the median sold price of 279,990, which may indicate pricing friction as sellers' expectations sit above realized sale prices.

3. Liquidity appears muted given the median days on market of 246, which corresponds to slower sales velocity and suggests transactions are taking longer to complete despite the neutral market temperature.

4. Market context shows a median price per square foot of 165 alongside a median market rent of 1,995; with rent year-over-year trend reported as down and interest rate pressure marked as moderate (30-year fixed rates around 6.3% vs 6.0% earlier in 2026), investors and owners should expect cautious demand and continued sensitivity to financing costs.

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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.