Jacksonville Market Update February 2026

It’s still early but, through February year over year, Jacksonville appears to be switching from a buyer’s market to a seller’s market. At this point, I would refer to it as a market in transition as closed sales are increasing as supply is decreasing.

Generally, Jacksonville would have been considered a seller’s market year to date through February as compared to the same period in 2025. Compared to the same period in 2025, closed sales are up, price is down, but only slightly, and inventory is down. Although it’s early this is somewhat indicative of a seller’s market. That is why I would refer to this as a market in transition. This is true of both single family homes and townhouses and condos.

A seller’s market in real estate means the conditions favor the seller in the transaction. It’s all about supply and demand. The reason I would say Jacksonville is a seller’s market is that inventory is down year over year, while units sold are up. Median sale price is down, but just slightly.

However, just because overall Jacksonville is a seller’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 seller’s market, in particular for single family homes where closed sales are up along with median sale price and active inventory is down. For townhouses and condos it’s a bit of a different story with closed sales up and inventory down. However, the median sale price is substantially down.

Zip Code 32224 (Southside near UNF and Mayo Clinic)

This area would be considered a seller’s market for single family homes as closed sales are up while active inventory is down and the median sale price is substantially higher. It’s a bit of a different situation for townhouses and condos. Closed sales are up but not to the same degree as active inventory and the median sale price is down significantly.

Zip Code 32250 (Jax Beach)

For single family homes Jax Beach is a buyer’s market with closed sales, median sale price and active inventory all down. Townhouses and condos are also in a buyer’s market with closed sales and active inventory both down. Interesting though that the median sale price is actually up for townhouses and condos.

Zip Code 32233 (Atlantic Beach)

This area is moderately a seller’s market for single family homes as closed sales are flat while inventory is down. Interestingly, the median sales price is down substantially which could be an indicator of less expensive homes being sold and not necessarily that existing homes have decreased that much in value. For townhouses and condos, closed sales are also flat and active inventory and the median sale price are down considerably.

Zip Code 32081 (Ponte Vedra)

This area is a seller’s market for single family homes as closed sales are up and active inventory is down. However, median sale price is down on the order of 5%. For townhouses and condos, it is a different story with closed sales, active inventory and median sale price all down.