32204
Jacksonville, Florida
Jacksonville 32204 needs watching.
The 32204 ZIP code in Jacksonville, Florida has a median sale price of $415K, up +23.9% year-over-year. Homes spend an average of 80 days on market, with 4% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32204.
The 32204 market shows significant price appreciation with a median sale price of $415,000, representing a 23.9% year-over-year increase that outpaces typical Jacksonville gains. However, this momentum exists alongside softening demand indicators, with homes averaging 80 days on market and only 4% of properties selling above list price. This combination of strong price growth and extended listing periods suggests the market is transitioning from the aggressive conditions that drove the annual gains.
Sellers who purchased before 2024 can capitalize on the 23.9% equity gain, though they should price strategically given that 96% of sales close at or below ask. Buyers gain negotiating leverage from the 80-day marketing period, with time to conduct thorough due diligence rather than competing in multiple-offer scenarios. Investors seeking cash flow should model conservative rent assumptions, as the $415,000 entry point reflects appreciation that may exceed income fundamentals.
The PropIQ score of 55 signals caution as leading indicators diverge from trailing price data. The 80-day absorption rate, more than double a balanced market's typical 30-40 days, suggests inventory is building faster than buyer demand can clear it. Markets exhibiting this pattern—strong backward-looking price gains with weakening forward velocity metrics—historically experience price deceleration within two quarters, making spring 2026 transaction volume a critical indicator to monitor.
What is the median home price in 32204 Jacksonville?
The median sale price in 32204 is $415K, up +23.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jacksonville 32204?
Homes in 32204 Jacksonville spend an average of 80 days on market before going under contract.
Is Jacksonville 32204 a good place to invest in real estate?
Folio's PropIQ™ score for 32204 is 55/100 — a Caution signal. 4% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 32204?
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 55 = Caution in 32204 Jacksonville, Florida.