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Jacksonville, FL 32277 Real Estate Market Report

ZIP Code: 32277
Report Date: March 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
130
Active Listings
61
Sold Properties
69

Market Metrics

Median Listing Price
$284,500
Median Sold Price
$265,000
Median Price per Sqft
$163/sqft

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

Median Market Rent
$1,676

Property Taxes

Property Tax Rate
0.77%

Liquidity & Velocity

Median Days on Market
342
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jacksonville, FL average around 6.625% to 6.92%, which is slightly higher than the 6.38% average seen just last week.

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


Key Findings

  1. $265,000 is the current median sold price, indicating a stable market despite elevated interest rates.

  2. The market temperature is neutral, suggesting balanced conditions between buyers and sellers.

  3. Median days on market stands at 342, reflecting slower sales velocity and potential pricing friction.

  4. Elevated inventory levels relative to sales activity suggest excess supply in the market, which may impact future pricing.

  5. The median market rent is $1,676, indicating a stable rental environment amidst flat year-over-year rent trends.


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.

Recent Transactions

4710 University Blvd N, Jacksonville, FL 32277
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
3 baths
2,559 sqft
$820,000
Feb 1, 2026
$320/sqft/sqft
171 days on market
5477 River Trail Rd S, Jacksonville, FL 32277
Premium

Sold above market average

4 beds
2 baths
3,763 sqft
$810,000
Feb 1, 2026
$215/sqft/sqft
2643 days on market
4045 Bess Rd, Jacksonville, FL 32277
Premium

Sold above market average

4 beds
3 baths
2,674 sqft
$499,900
Feb 1, 2026
$187/sqft/sqft
241 days on market
5709 Saint Isabel Dr, Jacksonville, FL 32277
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,693 sqft
$284,000
Mar 1, 2026
$168/sqft/sqft
5327 Whitney St, Jacksonville, FL 32277
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
3 baths
2,069 sqft
$280,000
Jan 1, 2026
$135/sqft/sqft
116 days on market
2927 Mansion Rd, Jacksonville, FL 32277
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,450 sqft
$279,900
Jan 1, 2026
$193/sqft/sqft
180 days on market
4475 Charter Point Blvd, Jacksonville, FL 32277
Quick Flip

Sold below market average

3 beds
3 baths
2,271 sqft
$1,800
Mar 1, 2026
$1/sqft/sqft
3162 days on market
3452 Hoover Ln, Jacksonville, FL 32277
Quick Flip

Sold below market average

4 beds
3 baths
2,326 sqft
$1,550
Jan 1, 2026
$1/sqft/sqft
3255 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$89/mo
32277 Avg Rent
32277 Cost to Own
Rent$1,676
Own$1,587

20% down, 6.5% rate, 0.8% tax

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 3/31/2026

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