Jacksonville, FL 32256 Real Estate Market Report

ZIP Code: 32256
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of March 2026, the real estate market in Jacksonville, FL (ZIP: 32256) is characterized by a median sold price of $418,000, reflecting a stable market despite previous peaks. The neighborhood has experienced an upward price trend year-over-year, suggesting a resilient demand amidst evolving market conditions. The median listing price stands at $480,000, indicating a notable gap between seller expectations and actual transaction values, which may signal pricing friction in the current environment.

Market activity is showing signs of transition, with 438 median days on market, indicating a slower sales velocity. This is coupled with elevated inventory levels, suggesting excess supply relative to sales activity. While interest rates remain elevated, they do not appear to be significantly suppressing overall market activity, maintaining a neutral market temperature that reflects a balanced state between buyers and sellers.

---

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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

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.

---

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, around 6.500% to 6.92% are slightly higher than the average rate of 6.18% seen for originations in late January 2026.

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 $418,000 indicates a stable market, despite a notable gap with the median listing price of $480,000 which may create pricing friction.

2. With 438 median days on market, the market is experiencing slower sales velocity, suggesting a need for sellers to adjust expectations.

3. Elevated inventory levels suggest excess supply relative to sales activity, which may impact future pricing strategies.

4. The year-over-year price trend is up, indicating ongoing demand despite market adjustments, which may present opportunities for buyers.

5. Interest rates are currently elevated, which could influence buyer behavior and overall market dynamics moving forward.

---

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.