Jacksonville, FL 32246 Real Estate Market Report

ZIP Code: 32246
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.

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Key Findings

1. The neighborhood's primary market signal is median sold price: $346,000, which represents the most reliable indicator of recent transaction value and suggests pricing is slightly below current asking levels given the median listing price: $355,000; consider listing strategies that close the gap between list and achieved price to avoid extended exposure.

2. High friction in transaction velocity is signaled by median days on market: 239, which may indicate slower sales velocity and suggests sellers should be prepared for longer marketing periods or consider price shading and targeted staging to accelerate offers. down

3. Market balance shows caution: the market temperature: neutral combined with a price year-over-year trend: down and rent year-over-year trend: down suggests a rebalancing market where aggressive pricing is less likely to be rewarded; buyers may have modest negotiating leverage while sellers should prioritize credibility in pricing and condition. neutral

4. Rising transaction cost pressure is a headwind—interest rate pressure: elevated—which may compress buyer purchasing power and prolong time-to-contract; investors and owners should stress-test financing scenarios and consider stronger pre-qualification standards or pricing concessions to maintain competitiveness. elevated

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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 32246 Real Estate Market Report

ZIP Code: 32246
Report Date: May 2026
Market Temperature: NEUTRAL
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 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.

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Key Findings

1. 171,500 is the primary indicator of market value based on recent transactions; with the price year-over-year trend reported as down and the market temperature described as neutral, the market appears to be rebalancing—sellers should set expectations that recent completed sales, not asking prices, will determine achievable proceeds.

2. 225,900 (median listing price) sits above the 171,500 (median sold price), signaling a notable gap between seller expectations and transaction outcomes; this pricing friction suggests sellers may need to align list prices more closely with recent sold prices to avoid extended marketing time.

3. 379 median days on market indicates slower sales velocity and reduced liquidity; this slower pace may increase negotiation leverage for buyers and implies sellers should plan for longer marketing windows and consider targeted incentives or staged price reductions.

4. 165 median price per square foot and 1,495 median market rent, combined with rent year-over-year trend as down and interest rate pressure listed as elevated, suggest softer rental fundamentals and higher financing costs—investors should use conservative underwriting, stress-test financing scenarios, and prioritize properties with demonstrated rental stability.

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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.