Jacksonville, FL 32244 Real Estate Market Report

ZIP Code: 32244
Report Date: May 2026
Market Temperature: COLD
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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jacksonville FL 32244 are 6.3% compared to the 5.6% average seen earlier in 2026, indicating that property owners who secured loans during that period hold a more favorable interest rate.

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 neighborhood's primary market indicator, the median sold price 264,900, indicates price stability with recent transaction values clustering around this level and serving as the most reliable signal of current market value.

2. The median days on market 231 is elevated and suggests slower sales velocity; combined with cold market conditions, this may indicate extended listing exposure and more negotiation runway for buyers.

3. There is a modest gap between the median listing price 270,000 and the median sold price, which suggests seller expectations are slightly above recent transaction prices and may be contributing to flat price momentum.

4. Mortgage pressure is a headwind: elevated interest rate pressure persists and local 30-year fixed rates are reported at 6.3% versus an earlier 2026 average of 5.6%, while rents show weakening with median market rent 1,700 and a down rent year-over-year trend — together these factors may dampen investor appetite and constrain near-term price upside.

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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.

Jacksonville, FL 32244 Real Estate Market Report

ZIP Code: 32244
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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

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.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jacksonville FL 32244 are 6.3% compared to the 5.6% average seen earlier in 2026, indicating that property owners who secured loans during that period hold a more favorable interest rate.

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 market indicator, the median sold price of 140,000, suggests current transaction-level value is centered near this point and, given other signals, represents a stable-to-slightly soft pricing environment.

2. There is a material spread between the median listing price of 124,500 and the median sold price of 140,000, which may indicate pricing friction where seller expectations and recent transaction prices differ; combined with a median days on market of 641, this points to slower sales velocity and reduced liquidity relative to hotter market conditions.

3. Market context metrics show price year-over-year trend is flat and market temperature is cold, signaling limited upward pressure on values and supporting a cautious approach to aggressive pricing; rental dynamics are easing with rent year-over-year trend down and median market rent at 1,295, so rental income growth appears muted.

4. Interest-rate dynamics are a notable constraint: interest rate pressure is elevated, and Current 30-year fixed mortgage rates in Jacksonville FL 32244 are 6.3% compared to the 5.6% average seen earlier in 2026, indicating that property owners who secured loans during that period hold a more favorable interest rate; this interest backdrop may continue to suppress transaction volume and contribute to weaker near-term demand.

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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.