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 alanced 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.