Jacksonville, FL 32246 Real Estate Market Report

ZIP Code: 32246
Report Date: February 2026
Market Temperature: COLD
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: 32246) is characterized by a median sold price of $349,900, reflecting a cooling trend in the market. The neighborhood has decreased 8% since 2022, indicating a shift toward a more buyer-friendly environment. This decline in sold prices, coupled with elevated inventory levels, suggests that sellers may need to adjust their expectations to align with current market realities.

Transaction activity has slowed, with median days on market reaching 154 days, signaling slower sales velocity and a potential buildup of excess supply relative to sales activity. The median listing price stands at $374,999, which creates a notable pricing gap compared to the sold price, highlighting potential pricing friction as buyers navigate the current market conditions. Overall, the market temperature is classified as cold, reflecting the current challenges faced by sellers in achieving their asking prices.

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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 around 6.17% are slightly higher than the consensus 2026 average forecast of 6.18% but significantly lower than 2023 peaks.

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 $349,900 indicates a significant price adjustment in the market, having decreased 8% since 2022.

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

3. The median listing price of $374,999 creates a notable gap with the sold price, indicating potential pricing friction as sellers adjust to market realities.

4. Current market conditions are classified as cold, reflecting a shift toward a more buyer-friendly environment amid elevated inventory levels.

5. The median market rent is $1,980, which may indicate a softening rental market as new construction impacts rental 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.