32219
Jacksonville, Florida

Jacksonville's 32219 ZIP code shows a cooling market with a median sale price of $311,237 as of February 2026, down 0.8% year-over-year. Homes are averaging 105 days on market, significantly above the rapid turnover rates seen during pandemic-era appreciation. Only 11% of properties are selling above list price, indicating minimal buyer competition and a shift toward negotiation-driven transactions rather than bidding wars that characterized the 2020-2022 period.

This environment favors patient buyers with financing contingencies and inspection periods, as the 105-day marketing window provides leverage for price negotiations and due diligence. The 89% of homes selling at or below list price suggests sellers must price accurately from listing day one. Investors seeking cash-flowing rentals may find opportunities, but the negative price growth and PropIQ score of 55 warrant conservative underwriting assumptions rather than appreciation-dependent models.

The 55 PropIQ score signals caution, reflecting fundamental concerns about near-term price stability in this submarket. With prices already declining 0.8% annually and absorption rates stretched beyond three months, further softening is possible if mortgage rates remain elevated or local employment conditions weaken. Monitor monthly inventory levels and the percentage of listings taking price reductions as leading indicators of whether this market stabilizes at current valuations or requires additional downward price discovery.