32218
Jacksonville, Florida
Jacksonville 32218 needs watching.
The 32218 ZIP code in Jacksonville, Florida has a median sale price of $300K, down -4.8% year-over-year. Homes spend an average of 83 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32218.
The 32218 ZIP code shows a contracting market with the median sale price at $300,000, down 4.8% year-over-year. Homes are averaging 82.5 days on market, indicating slower absorption than peak periods. Only 15% of properties sell above asking price, confirming reduced buyer urgency. This performance reflects a normalization from previous elevated levels, with sellers holding less pricing power than in recent years.
This environment favors patient buyers who can negotiate on price and terms given the extended market time. The 15% above-list metric means 85% of transactions close at or below asking, creating room for offer flexibility. Investors seeking cash flow properties may find better entry points compared to the appreciation-driven market of prior years. Sellers with equity and no time pressure can wait, but those needing quick exits face headwinds.
The PropIQ score of 60 signals caution, suggesting neither strong momentum nor distress but rather market uncertainty. Key monitoring points include whether days on market extends beyond 90 and if the price decline accelerates past 5%. Stabilization requires absorption rates to improve and the percentage of above-list sales to trend toward 20-25%. Current data points to continued softness through the next quarter.
What is the median home price in 32218 Jacksonville?
The median sale price in 32218 is $300K, down -4.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jacksonville 32218?
Homes in 32218 Jacksonville spend an average of 83 days on market before going under contract.
Is Jacksonville 32218 a good place to invest in real estate?
Folio's PropIQ™ score for 32218 is 60/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 32218?
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 60 = Caution in 32218 Jacksonville, Florida.