32211
Jacksonville, Florida

ZIP code 32211 in Jacksonville is experiencing a buyer-advantaged market with a median sale price of $260,000, down 4.2% year-over-year as of February 2026. Properties are averaging 74 days on market, indicating slower absorption compared to the frenzied pace of recent years. Only 13% of homes are selling above list price, a significant departure from competitive market conditions and suggesting sellers have limited pricing power in current negotiations.

These conditions favor patient, value-conscious buyers who can leverage the 74-day market time to conduct thorough due diligence and negotiate below asking prices, given that 87% of transactions close at or under list. First-time homebuyers gain particular advantage from the $260,000 price point combined with reduced competition for properties. Sellers face headwinds and should avoid listing unless prepared for extended marketing periods and potential price concessions to achieve execution.

The PropIQ intelligence score of 55 signals caution, indicating potential further price deterioration or market instability ahead in this ZIP code. The negative 4.2% annual price movement combined with the neutral-to-bearish score suggests monitoring inventory accumulation and any extension beyond the current 74-day absorption rate. Buyers should watch for capitulation pricing from sellers holding properties past 90 days, while prospective sellers may benefit from delaying listings until market sentiment stabilizes above the current threshold.