Florida’s lack of a state income tax has kept pulling residents in from cities like Miami, New York, and Los Angeles, and a steady share of them land in Jacksonville for the coastal lifestyle at a lower price point. That demand still shapes the market, but 2026 looks different from the frantic years right after the pandemic. Jacksonville’s median closed home price sits at $374,032 as of August 2026, up just 0.3% year over year — essentially flat, not falling. Homes are also moving faster: a median of 41 days on market, down 16.3% from a year ago. Single-family homes are holding value better than condos, and metro-wide rents range from $1,628 in Duval County to $2,193 in Nassau County.
| Metric | Current Value | Source / Period |
|---|---|---|
| Median closed price | $374,032 (+0.3% YoY) | Momentum Research, Aug 2026 |
| Median days on market | 41 days (-16.3% YoY) | Momentum Research, Aug 2026 |
| Sale-to-list ratio | 96.7% | Momentum Research, Aug 2026 |
| Active listings (for sale) | 12,729 (-16.0% YoY) | Redfin county file, Jul 2026 |
| Momentum Score (0-100) | 61 — balanced market | Momentum Realty, Aug 2026 |
Jacksonville Real Estate Market Outlook
Redfin’s city-level figure puts Jacksonville’s median sale price at $309,831 as of June 2026, up 1.9% year over year, with homes selling at 97.6% of list price on average. Momentum Research’s broader four-county figure — which pulls in the pricier St. Johns and Nassau County markets — puts the median closed price at $374,032 for August 2026, up 0.3% year over year.
Either way, the direction is the same: prices are essentially flat rather than dropping or spiking. About 28.4% of active listings have taken a price cut, and sellers are getting roughly 96.7–97.6% of their original asking price, depending on the data source and scope.
Redfin’s Balance of Power data (via Momentum Research) counts about 12,213 active sellers against an estimated 6,899 buyers in the metro as of July 2026 — roughly 1.8 sellers for every buyer, down from 2.0 a year earlier, meaning the balance has shifted slightly away from a pure seller’s market.
What Type of Property Sells Best in Jacksonville?
Single-family homes remain the backbone of the Jacksonville market. Momentum Realty’s live tracker puts the current sales mix at 80% single-family, 10% townhome, 8% condo, and 1% manufactured homes.
Pricing is diverging by property type. Homes.com/CoStar data for June 2026 shows the median single-family price at $430,000, up $31,000 over the past year — third-best appreciation among the 40 largest U.S. markets that month. Over the same period, the median townhome price slipped 2.0% and the median condo price fell 7.4%, so buyers shopping the condo segment currently have more room to negotiate than single-family buyers do.
The typical closed sale is a 3.1-bedroom, 1,843-square-foot home built around 2006 — both figures are trending up year over year, meaning the mix of what’s selling is skewing toward larger, newer homes.
How Fast Do Homes Sell in Jacksonville?
Our Jacksonville movers see this firsthand: homes are moving noticeably faster than they were a year ago. Momentum Research puts the median days on market at 41 for August 2026, down 16.3% year over year — one of the larger speed-ups among the markets it tracks.
Separately, Houzeo’s market report for mid-2026 puts Jacksonville homes at a median 54 days on market with roughly 1.22 months of supply, while a Ponte Vedra-based brokerage reported inventory sitting at about a 3.9-month supply with new listings averaging 30 days on market in early August 2026. The specific number moves depending on the source and exact week, but every recent report agrees homes are selling faster than the 2024 pace.
How Have Property Values Changed Over Time?
Redfin’s tracked Jacksonville data (via a Stacker/Redfin analysis of Q1 medians) shows the market cooling from its post-pandemic run:
| Year | Median Sale Price (Jan–Mar avg) | YoY Change |
|---|---|---|
| 2022 | $341,667 | — |
| 2023 | $346,217 | +1.3% |
| 2024 | $368,997 | +6.6% |
| 2025 | $362,813 | -1.7% |
| 2026 | $361,667 | -0.3% |
Zooming out further, Momentum Research’s long-run tracker shows a Jacksonville-area home that sold for a median of $124,074 in 2012 selling for a median of $341,150 in the most recent recorded year — 175% appreciation over 14 years, even after the recent cooling.
What’s Happening With Rent in Jacksonville?
Zillow’s Observed Rent Index, tracked through July 2026, shows asking rents varying widely by county across the metro:
- Duval County: $1,628/month (+1.6% year over year, 41% above 2019 levels)
- Clay County: $1,863/month (+1.5% year over year, 44% above 2019 levels)
- St. Johns County: $2,078/month (+0.6% year over year, 44% above 2019 levels)
- Nassau County: $2,193/month (+3.1% year over year, 60% above 2019 levels)
Rent growth has slowed across the board compared to the sharp post-2019 run-up, which tracks with the broader Florida trend of rents cooling toward more normal, pre-pandemic growth rates.
How Affordable Is Buying in Jacksonville?
Jacksonville’s median household income is $82,904 (Census ACS 5-year estimate), which puts the area’s price-to-income ratio at about 4.5x based on current closed sale prices. A homesteaded property at the median closed price carries an estimated $5,176 in annual property tax under Duval’s current millage rate.
Best-Valued Neighborhoods in Jacksonville
Demand is holding up best in established neighborhoods with limited lot availability and mature tree canopy — Mandarin, San Marco, and Riverside stand out here, giving them a competitive edge over newer subdivisions further out.
- Southside / Town Center (32246): the commercial hub around St. Johns Town Center, mixing newer townhomes, condos, and single-family homes in the $280,000–$350,000 range, close to major employers.
- Nocatee / Ponte Vedra (32081, 32082): a master-planned St. Johns County community, one of the top-selling communities in the nation, with new construction from $400,000 to $800,000+.
- Orange Park (32073): a more affordable Clay County suburb popular with military families near NAS Jacksonville, with established and newer subdivisions in the $280,000–$340,000 range.
- Ponte Vedra Beach: the top of the local luxury market, averaging around $819,000 per home.
Market Outlook for Jacksonville Real Estate
Zillow’s own forecast, cited by Norada Real Estate, projected Jacksonville home values turning positive again — around +1.3% — by September 2026 after a flat stretch through 2025, describing it as a slow, steady climb rather than a sharp rebound.
Looking further out, RealWealth’s Florida market outlook frames 2026–2027 statewide as a period of modest, roughly 2% appreciation and gradual stabilization rather than a return to 2021–2022’s bidding-war conditions — consistent with what Jacksonville’s own numbers above are already showing.
Bottom Line — Past, Present, and Future
Jacksonville’s housing market has gone from double-digit pandemic-era growth to something much closer to flat: prices are up 0.3–1.9% year over year depending on the source, homes are selling faster than they were in 2024, and roughly 28% of listings are taking a price cut to get there. Single-family homes are outperforming condos, established close-in neighborhoods are holding demand better than newer subdivisions, and every recent forecast points toward continued stability rather than a crash or a return to the pandemic-era frenzy.
If the market data above has you thinking about a move — buying into Jacksonville or relocating within it — our local moving services and residential moving services cover everything from a studio apartment to a five-bedroom house. Get a free quote or call 904-666-0423 to plan around your timeline.
