32003
Jacksonville, Florida
Jacksonville 32003 needs watching.
The 32003 ZIP code in Jacksonville, Florida has a median sale price of $426K, down -11.3% year-over-year. Homes spend an average of 78 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32003.
The 32003 ZIP code reports a median sale price of $426,000 as of February 2026, marking an 11.3% year-over-year decline that signals substantial cooling from prior peak valuations. Homes are averaging 78 days on market, indicating extended inventory absorption compared to the rapid turnover periods of tighter market cycles. Only 15% of transactions close above list price, demonstrating weakened buyer urgency and a clear shift from previous seller-dominated conditions in this Jacksonville submarket.
This environment favors patient buyers with financing secured and flexible timelines who can negotiate below asking prices in 85% of transactions. Cash buyers and value-focused investors gain leverage with the 11.3% price correction creating entry points unavailable in 2025. Sellers face headwinds and should avoid listing unless necessary, as the 78-day marketing period and limited above-list closings compress margins and extend holding costs substantially compared to recent years.
The PropIQ score of 60 signals caution, suggesting this market hasn't established a clear bottom despite the double-digit price decline already recorded. Monitoring days-on-market trends and the percentage of above-list sales will indicate whether the 15% figure stabilizes or deteriorates further. Without demand acceleration, the current 78-day absorption rate could extend, pushing prices lower through spring 2026 as inventory levels adjust to reduced buyer activity.
What is the median home price in 32003 Jacksonville?
The median sale price in 32003 is $426K, down -11.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jacksonville 32003?
Homes in 32003 Jacksonville spend an average of 78 days on market before going under contract.
Is Jacksonville 32003 a good place to invest in real estate?
Folio's PropIQ™ score for 32003 is 60/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 32003?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 60 = Caution in 32003 Jacksonville, Florida.