Jacksonville, FL 32254 Real Estate Market Report

ZIP Code: 32254
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the real estate market in Jacksonville, FL (ZIP: 32254) is characterized by a median sold price of $159,900, reflecting a stable yet cautious environment. The neighborhood has decreased 8% since 2022, indicating a shift in market dynamics that may be impacting seller expectations and buyer sentiment. Elevated inventory levels suggest that the market is experiencing a transition toward more balanced conditions, allowing buyers to exercise greater leverage in negotiations.

Transaction activity is marked by a median days on market of 176, which points to slower sales velocity and suggests that properties are taking longer to sell compared to previous periods. This trend, combined with a median listing price of $156,000, indicates a notable gap between asking prices and actual sold prices, which may contribute to pricing friction as sellers adjust their expectations in response to market realities. Overall, while the market shows signs of cooling, strong local job growth and population influx provide a supportive backdrop for future stability.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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 6.00% to 6.09%, which is slightly higher than the 5.952% average seen just days ago, indicating a minor upward rate pressure for new loans.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The median sold price of $159,900 indicates a decrease in market value since 2022.

2. With a median days on market of 176, properties are experiencing slower sales velocity, suggesting a need for price adjustments.

3. The median listing price of $156,000 reflects a significant gap compared to sold prices, indicating potential pricing friction in the market.

4. Elevated inventory levels relative to sales activity suggest an excess supply that may pressure prices further.

5. The median market rent of $1,676 remains stable, but a downward trend in rent year-over-year could impact overall investment attractiveness.

---

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.