Is Jacksonville, FL 32216 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Jacksonville is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score22/ 100

More competitive than 17% of U.S. ZIP codes, and #335 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.5Under 4 months = seller’s market
Sold above original list10.7%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$181▼ −2.0% vs. last year

The Jacksonville housing market right now

In the three months ending August 31, 2026, 11% of homes in Jacksonville, FL 32216 sold above their list price, the typical home went under contract in 63 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 126 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (56 days then) and the median sale price fell 2% to $274,876. Overall, Jacksonville is about as competitive as it was a year ago.

Within Duval County, homes here sell more slowly than in 63% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Jacksonville ranks #335 of 796 FL ZIP codes with enough sales (score 22 out of 100).

Nearby, buyers who want less competition could look at Jacksonville 32202 (0% sold over asking) or Jacksonville 32204 (6% sold over asking), while Jacksonville 32277 (24% sold over asking) and Jacksonville 32222 (19% sold over asking) are even more competitive.

Nearby markets

Atlantic Beach 32233Seller’s market $340 /sq ftJacksonville 32202Buyer’s market $159 /sq ftJacksonville 32204Balanced $246 /sq ftJacksonville 32205Seller’s market $210 /sq ft Browse all markets →

Where Jacksonville is

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Questions about Jacksonville real estate

Is Jacksonville a buyer’s or seller’s market?

A balanced market: there were 4.5 months of supply in Jacksonville, FL 32216 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Jacksonville?

The typical home went under contract in 63 days in the latest three months.

Do homes in Jacksonville sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Jacksonville?

About 0.75% of a home’s value a year in Duval County, or roughly $3,000 on a $400,000 home.

What is the median home price in Jacksonville?

The median sale price was $274,876 in the three months ending August 31, 2026, about $181 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology