Jacksonville median home price and housing market numbers
| Month | Typical Jacksonville home value | Change on prior year |
|---|---|---|
| August 2026 | $285,100 | −0.8% |
| August 2025 | $287,500 | −4.2% |
| August 2024 | $300,100 | +0.5% |
| August 2023 | $298,700 | −2.3% |
| August 2022 | $305,700 | +25.1% |
| August 2021 | $244,300 | +20.2% |
| August 2020 | $203,300 | +5.4% |
| August 2019 | $192,900 | +6.4% |
| August 2018 | $181,200 | +9.5% |
| August 2017 | $165,400 | +10.3% |
| August 2016 | $150,000 | n/a |
Zillow Home Value Index (all homes, smoothed, seasonally adjusted) and Zillow metro market data for the Jacksonville metro, including the median sale price. Metro figures cover the wider region. The typical home value is Zillow’s mid-market index for Jacksonville itself; the 5-year change is +16.7%.
What the 10-year trend shows
The 10-year rise
Zillow's typical Jacksonville home value was $149,997 in August 2016 and $285,103 in August 2026, a rise of 90.1% over ten years. Most of that gain came in a short burst: from August 2020 to August 2022 the figure went from $203,287 to $305,726, up 50.4% in two years.
The slow correction since 2022
Since then the August readings have drifted lower: $298,673 in 2023, $300,147 in 2024, $287,470 in 2025 and $285,103 in 2026. Today's value is 6.7% below the August 2022 figure. That is a gradual correction, not a crash, and the latest one-year drop of 0.8% is smaller than the 4.2% drop from August 2024 to August 2025. Over five years the typical value is still up 16.7%.
Inventory, days to pending and price cuts
The supply and speed measures moved in sellers' favor over the year, even as values edged down.
Inventory
10,754 homes for sale, down from 12,499 a year earlier, a 14.0% drop.
Days to pending
80 days in the metro, down from 90. That still means homes commonly sit for more than two months before going under contract.
Sale-to-list ratio
97.0%, up from 96.4%. A typical home sold for about $3 below every $100 of asking price.
Price cuts
28.4% of listings had a price cut, down from 31.7%, so more than one listing in four still cut its price.
Fewer listings, quicker contracts and fewer cuts point to a market that is firmer than a year ago, but slower than many sellers expect.
Differences by ZIP code and neighborhood
The citywide number hides a split. In Zillow's August 2026 ZIP data, the higher-value ZIPs on the east and south sides mostly gained, while several lower-value ZIPs near downtown lost ground.
ZIPs that rose
32233 (Atlantic Beach and Mayport) rose 1.4% to $489,045; 32223 (south Mandarin) rose 1.3% to $434,121; 32225 (east Arlington) rose 1.0% to $378,675.
ZIPs that fell
32202 (downtown) fell 10.6% to $155,595; 32254 fell 7.9% to $124,049; 32209 fell 5.1% to $106,323; 32205 fell 4.2% to $255,208.
Neighborhoods vary even more. Zillow shows Ortega up 9.4% to $666,955 and San Marco up 2.6% to $370,771, while Baymeadows fell 10.3% to $193,391. See every ZIP in our Jacksonville ZIP code guide.
Segments: condos, luxury homes and new construction
Condo-heavy areas
Zillow does not split Jacksonville values by home type in our data, but condo-heavy areas show the pressure on that segment. Downtown Jacksonville fell 9.5% to $161,833, while the Southbank rose 0.5% to $347,160. Florida's milestone inspection and reserve rules can raise dues and assessments in older buildings; our Jacksonville condo guide explains what to check.
Luxury and riverfront homes
The highest-value neighborhoods mostly rose: Isle of Palms was up 3.1% to $787,464, Miramar up 6.7% to $671,567, Ortega up 9.4% and Ortega Forest up 7.6% to $628,654. Small numbers of sales make these figures swing, so rely on recent comparable sales.
New construction
Most new homes are in master-planned communities in St. Johns and Nassau counties and a few parts of Duval, and builders set prices and incentives differently from resale sellers, so compare the builder's net price with nearby resales. Our new construction guide lists communities and CDD costs.
Why the median sale price rose while values fell
Zillow's median sale price was $369,000, up from $350,000 a year earlier, a 5.4% increase. That can look like it contradicts the 0.8% drop in the typical home value, but the two measure different things.
The typical home value estimates what a middle-of-the-market home is worth across all homes. The median sale price only reflects homes that actually sold, so it rises when more larger or newer homes change hands. Use the typical value for the trend, and use recent comparable sales for pricing a specific home.
Rents are still rising
Zillow's typical Jacksonville rent was $1,601 in August 2026, up 2.0% in a year. Rents rose while values were flat, but the monthly cost of owning depends heavily on your rate, tax bill and insurance. Our Jacksonville cost of living guide breaks those costs down.
At Freddie Mac's 7.03% average rate, principal and interest on the typical $285,103 home comes to about $1,712 a month with 10% down and $1,522 with 20% down, before tax and insurance. That is close to the $1,601 typical rent, so the choice between renting and buying depends mostly on how long you plan to stay and what tax and insurance add for the specific home.
Is now a good time to buy a house in Jacksonville?
Buyers have more room than during the 2020 to 2022 run-up: values are 6.7% below the 2022 peak, 28.4% of listings cut their price and homes sold for 97.0% of list. The cost of borrowing is the offset.
- Negotiate from the data. With a 97.0% sale-to-list ratio and 28.4% of listings cutting their price, ask for the listing's price history and days on market before you offer.
- Budget for the rate. Freddie Mac's 30-year fixed average was 7.03% for the week of September 24, 2026. Get a written loan estimate before you shop.
- Check insurance and flood risk first. Get an insurance quote and check the flood zone before your inspection period ends, since both can change what you can afford.
- Price by street, not by city. With ZIP values running from $106,323 to $489,045, compare recent sales close to the home.
Is now a good time to sell a house in Jacksonville?
Conditions improved for sellers over the year, with fewer homes for sale and faster contracts, but prices are flat and buyers still negotiate. Selling now makes most sense if your timing is set by a move, not by a bet on prices.
- Price it right at launch. More than one listing in four cut its price. Each cut adds time on the market, so set the first price from recent nearby sales.
- Plan for the timeline. 80 days to pending plus the closing period means a listing can take several months from start to finish. Plan your move and any overlap in costs around that.
- Know your net, not just your price. Run the numbers in the seller net proceeds calculator, and start with a current estimate from our Jacksonville home value page.
- Compare a quick sale honestly. If time matters more than price, our guide to selling a house fast in Jacksonville compares a cash offer with listing.
Jacksonville housing market outlook
We don't make our own price forecasts. Zillow's home value forecast, based on August 2026 data, expects the Jacksonville metro's typical value to rise 0.1% by September 2026, 0.4% by November 2026 and 0.8% by August 2027. Its forecast for the United States is 1.4% over the same 12 months, so Zillow expects Jacksonville to lag the national market slightly.
Forecasts are revised every month and have missed turning points before. Treat the figure as a sign that Zillow expects roughly flat prices, not as a promise. Mortgage rates, insurance costs and inventory will matter as much as any forecast. Freddie Mac's 30-year fixed average was 7.03% for the week of September 24, 2026.
Common questions
Are home prices dropping in Jacksonville?+
Slightly. Zillow's typical Jacksonville home value was $285,103 in August 2026, down 0.8% from a year earlier and 6.7% below the August 2022 reading of $305,726. Over five years it is still up 16.7%. Results vary by area: some beach and south side ZIPs rose over the year while several ZIPs near downtown fell.
Is Jacksonville a buyer's or seller's market right now?+
It sits in between. Homes sold for 97.0% of list price and 28.4% of listings had a price cut in August 2026, which gives buyers room to negotiate. Inventory fell 14.0% to 10,754 homes and days to pending dropped from 90 to 80, so conditions were firmer for sellers than a year earlier.
How long does it take to sell a house in Jacksonville?+
Zillow's August 2026 figure for the metro was 80 days from listing to pending, down from 90 a year earlier. Closing adds more time after the contract is signed, depending on financing and title work. Price, condition and location all affect how long a specific home takes, so ask a local agent for recent days on market nearby.
What is the median sale price in Jacksonville?+
Zillow's median sale price for Jacksonville was $369,000 in August 2026, up from $350,000 a year earlier. The median sale price reflects only homes that sold, so it can rise when more large or new homes sell. Zillow's typical home value of $285,103 is the better guide to the overall trend.
Will Jacksonville home prices go up in 2027?+
Zillow's forecast based on August 2026 data expects the Jacksonville metro's typical home value to rise 0.8% by August 2027, against 1.4% for the United States. That points to roughly flat prices rather than a rebound or a slump. Forecasts change monthly, so check the latest figure and recent local sales before you decide.
Is now a good time to buy a house in Jacksonville?+
Buyers have some leverage: values were 6.7% below the August 2022 peak, homes sold for 97.0% of list price and 28.4% of listings cut their price in August 2026. The trade-off is a 7.03% average 30-year rate. Buying makes most sense if you plan to stay several years and the monthly cost works for you.
Sources
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Antonio Roberts
Antonio Roberts has spent five years helping more than 500 Florida buyers and sellers choose the right real estate agent. He is not a real estate agent himself: he researches what matters in a Florida move and connects people with licensed local agents, free of charge.
Reviewed by a licensed Florida real estate agent. Before publication, this guide was checked for accuracy by a licensed Florida real estate agent on our team. It is general information, not legal, tax or financial advice.
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