Jacksonville Market Update August 2025

Note: 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 buyers 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 sellers 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.