Jacksonville, FL 32244 Real Estate Market Report

ZIP Code: 32244
Report Date: March 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Jacksonville, FL (ZIP: 32244) is characterized by a median sold price of $264,500, reflecting a recent annual price decline. This downward trend in pricing suggests that the neighborhood has decreased 8% since 2022. Despite this, the market temperature remains hot, indicating a robust level of buyer activity. However, the median days on market stands at a lengthy 293 days, which may indicate slower sales velocity and a potential mismatch between seller expectations and buyer readiness.

The inventory conditions reveal elevated levels of supply relative to sales activity, with a significant gap between the median listing price of $275,000 and the median sold price. This pricing friction may reflect the challenges sellers face in achieving their asking prices in the current market climate. Additionally, while rental rates are stabilizing at a median market rent of $1,676, the year-over-year trend shows a slight decline, suggesting a cautious approach from renters amid elevated interest rate pressure.

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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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jacksonville FL average around 6.62% compared to a 2026 average of 6.37%, indicating property owners locked in a favorable rate recently.

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 $264,500 indicates a decrease of 8% since 2022, reflecting a softening market.

2. With a median days on market of 293, the market is experiencing slower sales velocity, suggesting potential pricing challenges for sellers.

3. The median listing price of $275,000 presents a notable gap compared to the median sold price, indicating pricing friction in the market.

4. Despite elevated interest rate pressure, the market temperature remains hot, driven by increased buyer activity.

5. Rental rates are stabilizing at a median market rent of $1,676, but the year-over-year trend shows a down trajectory, indicating cautious renter sentiment.

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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.