Jacksonville Market Update September 2025
This month’s view is a look at year to date performance year over year as compared to looking at a single month year over year. That will remove some of the month to month volatility in the metrics reviewed.
Generally, Jacksonville would have been considered a buyer’s market year to date through September as compared to the same period in 2024. Compared to the same period in 2024, closed sales are down, price is down and inventory is up. All clear indicators of a buyer’s market. This is true of both single family homes and townhouses and condos.
A buyer’s market in real estate means the conditions favor the buyer in the transaction. It’s all about supply and demand. The reason I would say Jacksonville is a buyers market is that inventory is up year over year, while units sold and median sale price are both down.
However, just because overall Jacksonville is a buyer’s market, that isn’t necessarily true for all areas of Jacksonville. Similarly, even within a zip code there can be variances from one neighborhood to another.
Let’s take a closer look at Jacksonville and then a snapshot of some of the area zip codes:
Zip Code 32256 (Baymeadows/Southside Area)
This area would be considered a buyer’s market. Closed sales are down to a greater level that Jacksonville overall and inventory is up more than Jax overall.
Zip Code 32224 (Southside near UNF and Mayo Clinic)
This area would be considered a buyer’s market as closed sales are down while active inventory is up.
Zip Code 32250 (Jax Beach)
For single family homes Jax Beach is a buyer’s market with closed sales down and active inventory up. Notably though, median sale price is up 4.5%. Townhouses and condos are also in a buyer’s market but to a lesser extent in my opinion as closed sales are actually up but not to nearly the same degree as active inventory. Interesting that the median sale price is actually up for single family homes as well as townhouses and condos.
Zip Code 32233 (Atlantic Beach)
This area is clearly a buyer’s market for single family homes as closed sales are down while inventory is up. Interestingly, the median sales price is up substantially which could be an indicator of more expensive homes being sold and not necessarily that existing homes have increased that much in value. For townhouses and condos, closed sales have actually increased but not by nearly as much as active inventory.
Zip Code 32081 (Ponte Vedra)
This area is a clear buyer’s market for single family homes as closed sales and median sale price are both down and active inventory is up. For townhouses and condos, I would call it a balanced market leaning toward being a seller’s market as closed sales are up much more so than active inventory. However, median sale price is still down for townhouses and condos although less so than Jacksonville in total.
Jacksonville Market Update August 2025
This month’s view is a look at year to date performance year over year as compared to looking at a single month year over year. That will remove some of the month to month volatility in the metrics reviewed.
Generally, Jacksonville would have been considered a buyer’s market year to date through August as compared to the same period in 2024. Compared to the same period in 2024, closed sales are down, price is down and inventory is up. All clear indicators of a buyer’s market. This is true of both single family homes and townhouses and condos.
A buyer’s market in real estate means the conditions favor the buyer in the transaction. It’s all about supply and demand. The reason I would say Jacksonville is a buyers market is that inventory is up year over year, while units sold and median sale price are both down.
However, just because overall Jacksonville is a buyer’s market, that isn’t necessarily true for all areas of Jacksonville. Similarly, even within a zip code there can be variances from one neighborhood to another.
Let’s take a closer look at Jacksonville and then a snapshot of some of the area zip codes:
Zip Code 32256 (Baymeadows/Southside Area)
This area would be considered a buyer’s market. Closed sales are down to a greater level that Jacksonville overall and inventory is up more than Jax overall.
Zip Code 32224 (Southside near UNF and Mayo Clinic)
This area would be considered a buyer’s market as closed sales and median price are both down while active inventory is up.
Zip Code 32250 (Jax Beach)
For single family homes Jax Beach is a buyer’s market with closed sales down and active inventory up. Townhouses and condos are also in a buyer’s market but to a lesser extent in my opinion as closed sales are actually up but not to nearly the same degree as active inventory. Interesting that the median sale price is actually up for single family homes as well as townhouses and condos.
Zip Code 32233 (Atlantic Beach)
This area is clearly a buyer’s market for single family homes as closed sales are down while inventory is up. Interestingly, the median sales price is up substantially which could be an indicator of more expensive homes being sold and not necessarily that existing homes have increased that much in value. For townhouses and condos, closed sales have actually increased but not by nearly as much as active inventory.
Zip Code 32081 (Ponte Vedra)
This area is a clear buyer’s market for single family homes as closed sales and median sale price are both down and active inventory is up. For townhouses and condos, I would call it a balanced market leaning toward being a seller’s market as closed sales are up much more so than active inventory. However, median sale price is still down for townhouses and condos although less so than Jacksonville in total.
Jacksonville Market Update July 2025
Generally, Jacksonville would have been considered a buyer’s market in July as compared to the same month in 2024.
A buyer’s market in real estate means the conditions favor the buyer in the transaction. It’s all about supply and demand. The reason I would say Jacksonville is a buyer’s market is that inventory is up year over year, while units sold and median sale price are both down.
However, just because overall Jacksonville is a balanced/ buyer’s market, that doesn’t mean that is true for all areas of Jacksonville. Similarly, even within a zip code there can be variances from one neighborhood to another.
Let’s take a closer look at Jacksonville and then a snapshot of some of the area zip codes:
Closed sales are down, median sale prices are down and inventory is up, a clear indicator of a buyer’s market.
Zip Code 32256 (Baymeadows/Southside Area)
In this area, single family homes are in a buyer’s market. Closed sales are up year over year but active inventory is up substantially more while the median sale price is down slightly. Condos and townhomes are also in a buyer’s market with decreases in closed sales and median sale price along with an increase in active inventory.
Zip Code 32224 (Southside near UNF and Mayo Clinic)
For single family homes, I would consider this a buyer’s market as closed sales are down substantially while active inventory has increased. For townhouses and condos it looks like a strong seller’s market with closed sales and median sale price up substantially. Note: these numbers, on a percentage basis, can be volatile comparing month to month as we are dealing with relatively small numbers.
Zip Code 32250 (Jax Beach)
This area is buyer’s market tending toward being balanced for single family homes but for townhouses and condos it is a clear buyer’s market with closed sales down and active inventory way up.
Zip Code 32233 (Atlantic Beach)
This area is clearly a buyer’s market as closed sales and median sales price are down while inventory is up. This is true for both single family homes as well as condos and townhouses.
Zip Code 32081 (Ponte Vedra)
This area is a buyer’s market for single family homes and for townhouses and condos.
Jacksonville Market Update June 2025
Generally, Jacksonville would have been considered a balanced market, leaning toward being a buyer’s market in June as compared to the same month in 2024.
A balanced market in real estate means the conditions do not particularly favor one side or the other in the transaction. It’s all about supply and demand. The reason I would say Jacksonville is more of a balanced market is that, while inventory is up year over year, so are sold units. Active inventory is also not up to the same degree as it was for May.
However, just because overall Jacksonville is a balanced/ buyer’s market, that doesn’t mean that is true for all areas of Jacksonville.
Let’s take a closer look at Jacksonville and then a snapshot of some of the area zip codes:
For single family homes, both closed sales and active inventory are up. Townhouses and condos are in more of a classic buyer’s market with flat closed sales and a significant increase in active inventory.
Zip Code 32256 (Baymeadows/Southside Area)
In this area, single family homes are in a fairly balanced market leaning toward being a buyer’s market. However, condos and townhomes show the characteristics of a seller’s market with an increase in sales that significantly exceeds the increase in active inventory.
Zip Code 32224 (Southside near UNF and Mayo Clinic)
This area is clearly a buyer’s market for both single family homes, townhouses and condos.
Zip Code 32250 (Jax Beach)
This area is clearly a buyer’s market for single family homes but for townhouses and condos it is a balanced market.
Zip Code 32233 (Atlantic Beach)
This area is clearly a buyer’s market for single family homes as sales are down and active inventory is significantly higher. For townhouses and condos it is also a buyer’s market. Although sales are up, active inventory is up substantially more.
Zip Code 32081 (Ponte Vedra)
This area is a balanced market for single family homes but a seller’s market for townhouses and condos. Itis notable that the median sales price is dramatically lower year over year for single family homes and townhouses and condos.
Jacksonville Market Update May 2025
Generally, Jacksonville would have been considered a buyer’s market in May as compared to the same month in 2024.
A buyer’s market in real estate means the conditions favor people looking to purchase a home rather than those trying to sell one. It’s all about supply and demand.
That is clearly true in Jacksonville as sold units and average price are both lower year over year while inventory is up significantly.
However, just because overall Jacksonville is a buyer’s market, that doesn’t mean that is true for all areas of Jacksonville.
Let’s take a closer look at Jacksonville and then a snapshot of some of the area zip codes:
Here we see what I referenced earlier: closed sales and median price are both down while inventory is up, a clear indicator of a buyer’s market.
Zip Code 32256 (Baymeadows/Southside Area)
In this area, single family homes are in a fairly balanced market leaning toward being a seller’s market. However, condos and townhomes show the characteristics of a buyer’s market.
Zip Code 32224 (Southside near UNF and Mayo Clinic)
This area is clearly a buyer’s market for both single family homes, townhouses and condos.
Zip Code 32250 (Jax Beach)
This area is clearly a buyer’s market for single family homes but for townhouses and condos it is a more balanced market although supply is still up significantly.
Zip Code 32233 (Atlantic Beach)
This area is clearly a buyer’s market for single family homes but for townhouses and condos it is a more balanced market although supply is still up significantly.
Zip Code 32081 (Ponte Vedra)
This area is a buyer’s market for single family homes along with townhouses and condos.
