32203
Jacksonville, Florida
Jacksonville 32203 needs watching.
The 32203 ZIP code in Jacksonville, Florida has a median sale price of $160K, down N/A year-over-year. Homes spend an average of 19 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 54 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32203.
ZIP code 32203 in Jacksonville shows a stalled pricing environment with a $160,000 median sale price that has remained flat year-over-year, indicating neither appreciation nor depreciation. Properties are clearing in just 19 days, suggesting adequate but not excessive demand. The absence of homes selling above list price—zero percent—signals that buyers face no competitive pressure and sellers hold limited pricing power in negotiations.
This environment favors patient buyers with financing already secured who can capitalize on the 19-day average market time to conduct thorough due diligence without bidding wars. Traditional investors seeking immediate cash flow should find cooperative sellers willing to negotiate at or below list price. Sellers face challenging conditions and should avoid overpricing, as the zero percent above-list statistic demonstrates the market's resistance to aggressive pricing strategies.
The PropIQ intelligence score of 54 registers in caution territory, suggesting underlying weakness that could translate to price declines if demand softens further. The combination of flat pricing and rapid turnover indicates a market in equilibrium that could tip toward buyer advantage with any negative economic catalyst. Monitoring inventory growth and whether days-on-market begins extending beyond 19 days will provide early signals of deteriorating conditions.
What is the median home price in 32203 Jacksonville?
The median sale price in 32203 is $160K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Jacksonville 32203?
Homes in 32203 Jacksonville spend an average of 19 days on market before going under contract.
Is Jacksonville 32203 a good place to invest in real estate?
Folio's PropIQ™ score for 32203 is 54/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 54 mean for 32203?
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 54 = Caution in 32203 Jacksonville, Florida.