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 buyers market is that, while 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 buyer’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.