32233
Jacksonville, Florida
Jacksonville 32233 needs watching.
The 32233 ZIP code in Jacksonville, Florida has a median sale price of $445K, down -39.5% year-over-year. Homes spend an average of 101 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32233.
ZIP code 32233 in Jacksonville has experienced a dramatic price correction, with the median sale price settling at $445,000—a 39.5% decline year-over-year. Homes are averaging 101 days on market, significantly above the typical fast-moving Florida thresholds of 30-45 days. Only 5% of properties are commanding above-list prices, indicating weak buyer competition and a clear shift from the seller-dominated conditions that characterized 2024-2025. The market has transitioned into buyer-favorable territory with diminished urgency.
This environment heavily favors cash buyers and patient investors seeking discounted entry points, particularly those willing to absorb the extended 101-day holding costs during the listing period. Sellers who must transact face considerable pricing pressure, with 95% of closings occurring at or below ask. The 39.5% price reduction suggests motivated sellers dominate supply, creating negotiation leverage for buyers who can wait out slower transaction timelines. Value-focused purchasers replacing primary residences will find significantly more inventory selection than markets scoring above 60.
The PropIQ score of 45 signals caution, reflecting deteriorating momentum that typically precedes either price stabilization or further softening. Analysts should monitor whether days-on-market begins contracting from 101—a leading indicator that absorption is improving. The current data suggests continued price discovery through Q2 2026, with stabilization unlikely until buyer demand increases sufficiently to reduce inventory duration below 75 days and push above-list transactions beyond 15%.
What is the median home price in 32233 Jacksonville?
The median sale price in 32233 is $445K, down -39.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jacksonville 32233?
Homes in 32233 Jacksonville spend an average of 101 days on market before going under contract.
Is Jacksonville 32233 a good place to invest in real estate?
Folio's PropIQ™ score for 32233 is 45/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 32233?
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 45 = Caution in 32233 Jacksonville, Florida.