32034
Jacksonville, Florida
Jacksonville 32034 needs watching.
The 32034 ZIP code in Jacksonville, Florida has a median sale price of $620K, down -7.7% year-over-year. Homes spend an average of 92 days on market, with 4% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32034.
The 32034 ZIP code is experiencing a buyer-favorable correction, with the median sale price at $620,000 following a 7.7% year-over-year decline. Inventory is moving slowly at 92 days on market, nearly triple the pace of balanced conditions. Only 4% of homes are selling above list price, indicating sellers have lost pricing power and must meet market expectations rather than test premium valuations.
This environment strongly favors patient buyers with financing already secured and investors seeking entry points below 2025 peaks. The 92-day absorption rate gives buyers negotiating leverage and time for thorough due diligence without competition pressure. Sellers facing timeline constraints should expect concessions, while discretionary sellers would benefit from waiting for inventory-demand dynamics to rebalance before listing.
The PropIQ score of 45 signals caution and suggests further downward pressure before stabilization, particularly if days on market extend beyond 100 or the percentage of above-list sales drops below 3%. Buyers should monitor whether the 7.7% decline accelerates or moderates over the next quarter, as stabilization in year-over-year comparisons would indicate a price floor. Current data points to continued softness through Q2 2026 absent significant inventory contraction.
What is the median home price in 32034 Jacksonville?
The median sale price in 32034 is $620K, down -7.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jacksonville 32034?
Homes in 32034 Jacksonville spend an average of 92 days on market before going under contract.
Is Jacksonville 32034 a good place to invest in real estate?
Folio's PropIQ™ score for 32034 is 45/100 — a Caution signal. 4% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 32034?
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 45 = Caution in 32034 Jacksonville, Florida.