Jacksonville, FL 32234 Real Estate Market Report

ZIP Code: 32234
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.

---

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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 Jacksonville 32234 market average 6.5%, reflecting a period of elevated borrowing costs compared to the sub-6% rates seen earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. 310,500 is the neighborhood's primary market indicator as the median sold price and represents the most reliable signal of recent transaction activity in ZIP 32234; this level suggests relatively stable valuation given the market context and should be prioritized over asking prices when setting comps. flat price growth

2. 312,990 (median listing price) sits very close to the median sold price of 310,500, indicating limited seller–buyer pricing gap and that asking prices are broadly aligned with realized sale levels; sellers should avoid aggressive markups and buyers should expect negotiated deals near recent transaction values. stable pricing alignment

3. 450 (median days on market) points to materially slower sales velocity and extended marketing timelines, which may indicate greater negotiation leverage for buyers and increased carrying costs for sellers; pricing and marketing strategies should account for longer time-to-contract. longer time on market

4. 160 (median price per square foot) and 1,969 (median market rent) combined with a down rent year-over-year trend and elevated interest rate pressure (Current 30-year fixed mortgage rates in the Jacksonville 32234 market average 6.5%) suggest financing constraints and softer rental demand are moderating investor appetite; underwrite transactions assuming higher borrowing costs and weaker near-term rent growth. elevated borrowing costs

---

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.