32145
Jacksonville, Florida

The 32145 ZIP code reports a median sale price of $298,995 with a year-over-year decline of 1.0%, indicating price compression in this Jacksonville market. Properties are averaging 144.5 days on market, substantially above the typical 30-60 day range seen in balanced conditions. With only 9% of homes selling above list price, buyer leverage has increased significantly compared to the competitive dynamics of recent years when bidding wars were standard.

This environment favors patient buyers with financing already secured who can exploit the 144-day marketing window to negotiate below-ask transactions. The 91% of homes selling at or below list price creates measurable room for offer discounts that wouldn't have existed twelve months ago. Sellers facing immediate timelines are disadvantaged by the extended absorption period, while investors seeking cash-flowing rentals may find entry points $10,000-$15,000 below 2025 comparable sales based on the 1.0% annual decline.

The PropIQ score of 51 signals neutral-to-negative momentum, suggesting prices may drift sideways or decline another 1-2% before stabilizing. The 144-day marketing period indicates inventory absorption remains slow, and without a catalyst to reduce days-on-market below 90 days, seller concessions will likely persist through Q2 2026. Buyers should monitor whether the 9% above-list metric trends lower, which would confirm continued market softening.