Jacksonville, FL 32254 Real Estate Market Report

ZIP Code: 32254
Report Date: March 2026
Market Temperature: NEUTRAL
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: 32254) is characterized by a median sold price of $159,950, reflecting ongoing market activity despite a down trend in prices year-over-year. The market is currently balanced, with buyer activity showing signs of improvement as spring approaches, although elevated interest rate pressure continues to temper overall confidence. The median days on market stands at 272, indicating a slower sales velocity, which may suggest a cautious approach from buyers in this environment.

The median listing price of $148,000 indicates a notable gap between asking and selling prices, which may create pricing friction for sellers. With elevated inventory levels relative to sales activity, the market appears to be in a state of adjustment, as continued population growth underpins both sales and rental demand. Overall, while the market shows signs of modest appreciation month-over-month, the annual price comparisons remain down, reflecting a complex landscape for potential buyers and investors.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jacksonville FL average around 6.375% to 6.92%, which is higher than the 5.50% to 5.75% projected for mid-2026, suggesting property owners who locked in earlier secured a better 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 median sold price is $159,950, indicating recent transaction activity despite a down trend in prices year-over-year.

2. With a median days on market of 272, the market is experiencing slower sales velocity, suggesting a cautious buyer sentiment.

3. The median listing price of $148,000 presents a notable gap compared to the sold price, indicating potential pricing friction for sellers.

4. Elevated inventory levels relative to sales activity suggest a market adjusting to current economic conditions, with neutral market temperature.

5. Despite elevated interest rate pressure, continued population growth may support both sales and rental demand in the area.

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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.