Jacksonville, FL 32277 Real Estate Market Report

ZIP Code: 32277
Report Date: June 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

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.

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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. The median sold price: $292,000 is the best indicator of current market value and recent transactions in 32277; with a median listing price: $349,900 notably higher, this gap suggests seller asking expectations exceed recent sale prices and may indicate pricing friction between list and realized values.

2. The median days on market: 314 points to slower sales velocity, which, combined with observed sample inventory patterns, appears to be producing longer time-to-close for representative SFR and condo transactions.

3. The market shows a market temperature: neutral and price year-over-year trend: flat, indicating a balanced market stance where neither buyers nor sellers have a clear structural advantage and price appreciation is largely stalled (flat).

4. Rents are firming with a median market rent: $1,400 and the median price per square foot: 167 remains a stable valuation metric; with rent year-over-year trend: up, rental demand may be providing a floor under prices even as interest rate pressure: elevated continues to temper buyer demand.

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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 32277 Real Estate Market Report

ZIP Code: 32277
Report Date: June 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

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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 indicator is the median sold price of 148,000, which represents the most reliable recent transaction signal and suggests stable valuation in the current cycle; flat price trend supports this interpretation.

2. There is a notable pricing gap between the median listing price of 135,900 and the median sold price of 148,000, which may indicate seller pricing flexibility or selective buyer acceptance of higher-value transactions rather than broad market strength; moderate pricing friction may be present.

3. Long selling timelines are evident with a median days on market of 467, which points to slower sales velocity and extended marketing periods for SFR and condominium stock—this should be treated as a liquidity constraint rather than definitive weakness given the neutral market temperature; slower transaction velocity.

4. Rental fundamentals are supportive with a median market rent of 1,250 and a rent year-over-year trend of up, while interest rate pressure is elevated; investors should weigh rising rents against elevated interest rate pressure when assessing buy-and-hold strategies and underwriting assumptions.

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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.